Forex is an abbreviation for foreign exchange. Also referred to as FX, currency trading is one of the fastest growing markets in the world! Consider that in just a single day nearly 4 trillion dollars are traded across the globe. Now with developments in technology and affordable access to the Internet, it’s possible to participate in market that was once only reserved for hedge fund managers, banks, and high net worth individuals.
Why Trade Forex?
24 Hour Market – Unlike stocks or futures, forex can be traded around the clock, 24 hours a day during the week! This conveniently allows you to trade at a time that best suits your schedule.
No Bear Markets – When trading forex you don’t have to worry about a lack of trading opportunities, on a daily basis there are numerous economic events which create significant market volatility.
Generous Leverage – Only in forex is it possible to obtain leverage as high as 100x. This makes it possible to potentially profit from relatively small market movements.
Automated Trading & Signals – If trading manually is not for you, there are a variety of automated trading robots, algorithms, and signals available.
Another major benefit of forex trading with Ace Markets is the ability to test out the market completely for FREE! Simply register for a practice trading account and discover for yourself the many benefits of the FX market.