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  • 5 Reasons Why Forex Trading Could Be Right for You

    Market Access

    We mentioned before that the Forex trading market is constantly fluctuating, and this is because it never sleeps. As long as there’s a single bank open somewhere across the globe, the Forex market is open for business. This means that the Foreign Exchange can be as much or as little as you make of it; you’ll never be limited by the Forex’s closing times!

    Leverage

    Forex trading is unusual in its scope for controlling a large quantity of a currency with a comparatively small percentage of its actual value. With a leverage of up to 50-1, Forex trading presents an opportunity to make large-scale profit when used wisely.

    Zero Commission Fees

    The cost of Forex trading is distributed between the buy and sell price, meaning the majority of Forex trade accounts trade without commission, and there are no exchange fees or data licenses. What’s not to love?

    Narrow Focus

    Forex trading has an unparalleled concentration of focus on traded commodities, meaning it can provide an excellent introductory platform for beginner traders. Without the distraction of too many trade options to choose from, you’re sure to get to grips with Forex trading in no time.

    Get Educated…Free!

    At TradeMoneta, we offer free help to new Forex traders to the constancy of this unique market. Demo accounts are a great stepping stone for new traders to gain trading experience without the associated risks of a live account. You can always check out our CFD broker comparison page to find the right account for your needs.

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