Imagine been able to work anywhere in the world from the comfort of your bedroom, your kitchen table, garage or from the nearest Starbucks coffeehouse. I don’t know about you but this sounds amazing to me.
The beauty of trading Forex is that you don’t need expensive equipment, all you really need is a computer and an internet connection. You don’t need to be a genius with a masters degree to trade. No one cares if you have a diploma, a formal license or many hours spent studying the Foreign Exchange Market and/or Banking Industry. Anyone regardless of their education can jump in the action. FOREX Trading is Economical and Start-up Costs are Low!. You can open an account to trade Forex with as little as US$100.00
Another reason why Forex is so awesome unlike the U.S stock market, FOREX market runs continuously on a 24-hour basis from 7:00 am New Zealand time Monday morning to 5:00 pm New York Time Friday evening. I love the fact that you can trade at 3am if you feel like it. Dealers in every major FX trading center (Sydney, Tokyo, Hong Kong/Singapore, London, Geneva and New York/Toronto) ensure a smooth transaction as liquidity migrates from one time zone to the next.
Risks of currency trading: Margined currency trading is an extremely risky form of investment and is only suitable for individuals and institutions capable of handling the potential losses it entails. An account with an broker allows you to trade foreign currencies on a highly leveraged basis (up to about 400 times your account equity). The funds in an account that is trading at maximum leverage may be completely lost if the position(s) held in the account experiences even a one percent swing in value, given the possibility of losing one’s entire investment. Speculation in the foreign exchange market should only be conducted with risk capital funds that, if lost, will not significantly affect the investors financial well-being.