In forex online trading, forex traders are able to trade with limited amount of money. They have the options to open several types of forex trading account according to the amount of money they want to invest. So forex traders do not need to raise a big amount of money before forex online trading.
Liquidity is a measure of trading interest in a market. It is defined as the ability to sell an asset without affecting the price or value of the asset. Forex is the biggest and most liquid market in the world.
Advantage No.6 of forex online trading: T+0 trading
Forex online trading allows traders to settle on the same day they trade because of T+0 trading; forex traders do not need to wait until the next day or next several days. T+0 trading enable them to trade with much flexibility and to seize many opportunities.
Advantage No.7 of forex online trading: limited slippage
Most forex brokers provide instantaneous trade executions from real-time quotes in forex online trading. There is usually no discrepancy between the real-time quotes price and the execution price during normal market conditions. However, slippage and partial fills are common especially in the futures market due to the chaotic open-outcry system.Advantage No.8 of forex online trading: no commission
Forex traders do not need to pay such commission fees as brokerage fee, clearing fee and exchange fee etc. thus, forex traders are able to cut cost in forex trading.
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