Along with the online speed and convenience in Forex Trading. Today, you get a whole world of amazing benefits that are all potential goals for the Forex trader! All you need is drive and consistency. Some of the benefits of trading forex are:
24/5 market hours
As long as the market is open, you are able to trade. Over the counter, (OTC) systems used by the Forex market can be taken advantage of. By accessing different time zones’ hours and making valuable trades.
Potential vast amounts of profits
Because of the massive amount of people trading each day and the flow of money that happens throughout this time. The average global daily trading volume of Forex as set out by the International Settlements Triennial Central Bank Survey of 2016 is USD $5.1 trillion! Combined with the liquidity of Forex, transaction costs are low and can be completed quickly and easily. Opening the doors to a potentially huge profit.
The sharp changes in Forex markets can be a trader’s playground filled with opportunities to make large profits (or lose them). Keeping an eye on the small moves pips make is therefore crucial and can be very exciting leading up to the buy or sell.
The ability to go either long or short
You can learn about this through helpful Forex Trading tutorial videos. Having the ability to go either long or short means having the option to either profit or lose from a prediction. It is completely possible to always make a profit no matter how the market moves.
Access to a variety of currency pairs
GBP/USD, EUR/USD, CAD/JPY, and the like. All these pairs can be traded and there are tens of other pairs to trade to maximize return on investment and gain profit.
Access to platforms and a mentor
With Khwezi Trade, you have access to video tutorials, a broker that cares about your growth, transparency, platforms like the MT4 platform. Get coaching from a mentor to help you perfect your strategy. All in the name of making YOU trade to the best of your potential.