Seeing as you’ve come to the RetailFX site, it’s probably safe to assume that you’ve taken some form of interest in the forex market. But what does the forex market have to offer you?
- Liquidity ‐ The foreign exchange market is the largest financial market in the world with a daily turnover of just over $3 trillion. The enormous volume of daily trades means that under normal market conditions you can buy and sell currency as you please.
- There’s no Such Thing as a Falling Market – In the forex market currencies are traded against each other, which means that all profit and loss is relative and one can achieve both whether a currency is going up or down.
- Accessibility – All anyone needs to take part in the forex market is a computer with an internet connection.
- 24 Hour Market ‐ The forex market is open 24 hours a day, so that you can trade whenever you hear a financial scoop.
- Narrow Focus – Unlike the stock market the forex market revolves around more or less eight major currencies. A narrow choice means it’s easier to get a clear picture of what’s happening in the market at any point in time.
- The Market Can’t Be Cornered ‐ The colossal size of the forex market makes sure that no one single trading entity can corner the market.
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