Forex Trading also called...
- Currency Trading
- FX Trading
- Foreign Exchange Trading
- Forex Currency Trading
Forex Trading is largest Business Portal in World which create $1.5 trillion turnover daily. Forex Trading is the buying of one particular currency and selling of another particular currency. Now present there are 3 currencies valued higher than US Dollar (USD) that are European Currency (EUR), The Australian Dollar (AUD) and The British Pound (GBP).
Here are 3 Important Reasons why FOREX TRADING so popular...
Reason 1 - Fully Traders Convenience : Investors trade their schedule 24 hour a day and full comfort from their own PC or Laptop or Mobile.
Reason 2 - Inexpensive Trading Costs : Plenty of trading companies charge no commissions. If any company charged that also too low, if a Investor is leveraging #100000 of EUR/USD with total transaction cost is only $30.
Reason 3 - Limited Risk of Capital Loss : Many but not all forex trading platforms resolve not allow trading once upon a time the forex tally justness amount spray underneath the requisite margin level. The forex trading platforms with the aim of offer this service will repeatedly close a business the currency positions by the tally can function harmful.