The Benefits of Forex Trading
Some of the benefits of trading forex are:
Our passion is in our name: Khwezi Trade. And along with the trade, comes a whole world of amazing benefits that are all potential goals for a trader! All you need is drive and consistency.
24/5 market hours
As long as the market is open, you are able to trade. Because of these hours, the over the counter (OTC) system 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 very 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 our helpful tutorial videos on our website, but having the ability to go either long or short means having the option to either profit or lose from a prediction, and 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 our MT4 platform (available for download from our website), and coaching from a mentor to help you perfect your strategy, all in the name of making YOU trade to the best of your potential.
These are just a few of the great benefits associated with trading. Start your journey to with the best broker in South Africa today!