Differences Between Forex And Stock Exchange
The difference between buy / sell is known as spread. The only transaction cost in Forex is spread. The brokerage commission is not paid as it is in other stock exchanges.
If The Market Is Open 5-24
You do not have to wait for the session times. The Forex market is closed on weekends only. This is ideal for people who do not want to leave their normal jobs but just want to do it occasionally.
High Trading Volume
It is not possible for a Forex market to be controlled by any company, even by any country, due to the size of its trading volume and the presence of millions of participants.
The huge trading volume of the Forex market makes this market the most liquid market at the same time. Your transactions will immediately enter the buy / sell position and you will not be stuck in an unwanted transaction. So you do not expect a buyer to buy a stock you are ordering sales like the stock market.
You can start forex investments with a minimum security deposit of $ 50.
You can also earn profits if the market falls. You can still earn money on the Forex market even in the event that the value of the product you trade is devalued, unlike other markets.
The instruments of the Forex market have an average parity of 50 units. However, there are 4 basic parity transactions, in which investors can concentrate on certain parities and follow the movements of these parities more easily.
For Forex, most brokerage houses open accounts called demo accounts ” and you can trade with virtual money without real money to get a better understanding of the system.