1 minute read
Pros of Forex Trading
Some of the good points for the popularity of Forex markets include:
Forex Trading is the most liquid daily trading market, making it quite easy for a trader to enter or exit the market.
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It works twenty-four hours for five days globally. It also runs for half a day on the last day of the week.
Its main centres are London, Tokyo, Sydney, Paris, and Hong Kong. Due to its horizontal timing, it gives various opportunities to make a profit.
It has a key feature of decentralization with multiple banks and governments making it globally accessible.
There are higher risks involved. Many traders have become insolvent.
