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All About the Forex Trading
 
  Spot Trading or Forex Trading is a popular trading, and there are good reasons for it! Forex trading can be done from anywhere and everywhere. Even while sitting on the closet in your very very personal washroom!!!
Moreover, when you start Forex trading, nobody would come and enquire about your damn qualifications! Anybody can start it, and at anytime!
Talking in today’s scenario, Forex Trading is quite cheap and moreover initial costs for venturing in a Forex market are also absolutely low! Just US$ 200, and there you start trading biggest financial market.
Sumptuous Benefits of Trading on Forex
Listed below are four important reasons to trade in Forex Market:
No Commissions or Fee Charged by the Broker
24-Hrs Market
Trading Opportunity to up to 400:1 Leverage

Live Charts and Free Streaming Possible

 
Elementary differences between cash FOREX (SPOT FX) and currency futures.
The Currency Futures Market has predetermined contract size, whereas, the contract size in case of Spot FX is not predetermined, and you can trade up to $10 Million USD.
Futures Market closes after the Intra Day trading, in the similar way as Stock Market, but Forex Market runs 24-hour basis from 7:00 am New Zealand time Monday morning to 5:00 pm New York Time Friday evening.
The prominent FX trading centers such as Sydney, Tokyo, Hong Kong/Singapore, London, Geneva and New York/Toronto, have dealers who ensure smooth transaction.
In the currency futures, one can only trade in non US $ denominations, whereas in the case of Forex market, there’s no limitation on currency. Once can also do Forex trading in convention US $ denomination.
Forex Market shows consistent liquidity and market depths. However in case of currency futures there are constant price gaps and low liquidity even in the regular International Money Market (IMM).
The Forex market allows th trader to trade in prominent currencies such as EUR/JPY, GBP/JPY, CHF/JPY, EUR/GBP and AUD/NZD. However, in case of future currencies, the currency is only traded against US $.
 
 
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