You may have heard of FOREX. It's the largest financial market in the world, handling $1.6
trillion every day. The combined American stock exchanges only handle about $100 billion. Every
day, people are making money in the FOREX market, buying and selling foreign currencies. But what
advantages does FOREX have over the stock market?
Liquidity - As stated above, the FOREX market handles $1.6 trillion worth of transactions every
day. That's a huge volume. What this means, is that there are always buyers and sellers for any
type of currency. So when you want to buy, there's always a seller, and when you want to sell,
there's always a buyer.
No Insider Trading - The constant fluctuations in the value of the various currencies is caused
by changes in a nation's economy. In the stock market, some people may get news regarding a
corporation before others, causing them to buy or sell, to take advantage of the news before
others get it. In FOREX, any news about a nation's economy is available to everyone at the same
time, so no one has an inside.
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