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In a time of great financial unrest, Forex is an industry that is still thriving. While stocks have traditionally been a popular trading choice, online Forex trading has overtaken stock trading as the preferred investment choice for both novice and experienced traders alike, thanks to the many benefits it provides. As a more than $4 trillion dollar daily industry, there has never been a better time to start trading Forex.

 

You may already be asking yourself, "Why trade Forex instead of another market?" There are many reasons why traders are choosing online Forex over stocks. Here are just a few:
 

 

  • With online Forex you can trade 24 hours a day, 5 days per week, offering you the flexibility and freedom to trade whenever you want.
  • The Forex market offers trading free of commissions, fees, or brokerage charges, unlike the stock market.
  • Trades are executed instantaneously in the Forex market off real-time quotes, without having to wait for a broker to place your trade.
  • The Forex market offers 6 majorly traded currency pairs and 34 second-tier currencies (compared to over 8000 stocks), making it significantly easier for traders to stay educated and manage their portfolio.
  • Forex is generally considered to be a more predictable and stable instrument than stocks, making it easier for traders to follow a set trading strategy and make big profits.