I know for many newbies who are looking to start trading the markets always have a hard time deciding on which market to begin to trade with. So here are the top 10 for newbies to pick the forex market to trade over all the other markets such as stocks, futures, options, etc.. 1) The small investment that has to be made. Many forex brokers allow you to start your account with as little as $100. Most online stock brokers have a minimum requirement of $1000 to open a stock broker account. 2) 24 hour trading. There is nothing like being able to trade from any time of the day. This is most essential for those that work all day long and don't have time to follow the markets. When it's open all the time, you can pick a time that's best for you to trade. 3) Liquid markets and accounts. There is none of that waiting for stocks to clear in order to get your money. You can deposit and withdraw anytime you see fit. 4) It's the largest and most active market. Exchanges like the New York Stock Exchange pale in comparison to what the forex market does. It trades over 1.5 trillion dollars every single day. 5) A more stable market. Since there are so many people trading this market, there will always be a need for currency exchanges. Stocks can come and go. 6) No commissions. In the stock and options markets, brokers rip you off with commissions plus a bunch of other hidden fees. 7) Doesn't matter which way the market is headed. As long as you are picking which way the market is going, you will make money. It's one of the few markets that is essentially recession proof. 8) It's a more transparent market. Unlike the stock market where analysts can manipulate the market or the stock in any way they please, the universal aspect of forex market leaves for a more fair trading experience. 9) Trades are done instantly. When there are so many people trading, you could imagine how fast trades get filled. 10) Less of a learning curve than stocks. There are no licenses or educational requirements. You are in complete control. To learn more about forex trading and how to
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