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The advantages of trading in the Forex market are as follows:

Accessibility -The Forex market is not tied down to one specific location where traders can actually meet to transact their trades, but its rather an over the counter market done through the phone, fax, and the Internet. The major trading centers around the world are: New York, London, Tokyo, Frankfurt, Zurich, Hong Kong, Singapore, Paris, and Sydney, which all close operations only on Sunday's. Any trader can do transactions at any time that is convenient to him. Whatever time frame he wants to trade at, in whatever time of the day. The market is not short of buyers and sellers, and transactions are always on the go. With the endless stream of traders (buyers and sellers) you can expect to do transactions that come close to the last market price.

Liquidity - Because of its size and scope, it is highly liquid with a continuous flow of currencies coming from all investment sources around the globe, such as International banks that continuously provide bid and ask offers, paving for a steady presence of buyers and sellers each day.

Open Market - Factors that can have an effect on the value of the currencies is so immense and its participants so many as well, that it makes it difficult to be manipulated. This eliminates the ability of some individuals or institutions to engage in "inside trading", therefore leveling the playing field and giving everyone the chance to compete fair and square.

Currency Pairing - Major currencies are paired or pitted against another major currency, such as the US dollar against the Japanese Yen, or the Euro against the English Pound. The money making potential arises since there is always movement involved between the paired currencies. Even minor fluctuations can mean substantial profits because of the great amount of money existing in each transaction. So if an investor speculates or believes that the dollar will move up against the euro, he will then sell euros and buy dollars. - 23309

About the Author:

Finding forex broker reviews starts with a desire to learn and a drive to become a great trader. But learning genuine online trading forex takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.