Forex vs Stocks
BENEFITS OF FOREX TRADING OVER STOCK TRADING
Forex trading is become popular in recent years. Very few people are aware about its concepts and its benefits. Stock market is more familiar word for people because it has been around for ages. The reason is quite clear why people trade in stock market and fear to invest in forex. But you should know that forex trading much beneficial then stock market.
In forex market you can make profit in short period of time and that too without thinking about the market nature. It means that whether the market is bullish or bearish, you can make profit in it. In case of stock market you can only make profit when the stock goes up. Stock market is long term investment whereas forex market is short term investment where you can make profit in small time period.
Forex market is trading of currency and currencies are most volatile thing. This is the reason why the forex market is very volatile and it is also very liquid. In case of stock market, it is not as liquid as forex. There is time barrier in stock market within which the trader has to trade where as in forex market there is no such barrier. You can access you forex account any time from any part of the world. It is open for 24/7.
Most important advantage is that you have to pay commission to your broker in stock market whereas in forex market you don?t have to do so. The broker will not ask you for any commission. He will make his money from the difference of the bid and ask money.