answersLogoWhite

0

What are the advantages of FOREX?

Updated: 8/20/2019
User Avatar

Wiki User

10y ago

Best Answer

Trade Forex online have advantages:

1. Can do it from home only need good internet connection

2. Can get much money, but have high risk too

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the advantages of FOREX?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the advantages of utilizing forex online vs other exchange services?

There are many advantages for forex online. One of them is that it is faster, easier to manage, you can obtain for free a 50,000 practice account. Forex online can also be done on your mobile phone.


What are the advantages of Forex Hedge Funds?

There are several advantages of Forex Hedge Funds. If you want to get into the trade market, but don't have the time or skills, Forex Hedge Funds will trade on your behalf. You also won't have to watch the markets around the clock as your account will keep you updated.


What are the advantages to a novice trader of using Forex Mini Accounts?

Some of the advantages to a novice trader of using Forex Mini Accounts is that they allow novice traders to learn the art of trading without losing large sums of money.


What are the advantages of forex future trading in the International Monetary Market?

Forex future trading in the monetary money market has many advantages. The process includes the purchasing of forgein money for redemption at a later scheduled time. This allows the trader some room for speculation and growth.


What are the advantages of online forex training?

Online forex training allows you to become a lot more familiar with the system in dealing with currency trading and its all free so you won't have to spend a dime.


Advantages of currency investment?

Currency is not something to be invested in because it does not create a product and can not grow organically. There are those who trade currency, this is called FOREX trading. It's really easy to lose your shirt on the FOREX.


Does the Forex Trading demo offer real life advantages to the novice trader?

The Forex Trading Demo does indeed offer real life advantages to the novice trader, because it allows them to see how trading is in real life risk-free because the novice does not need to invest any money of their own.


What are the advantages of using a Mini Forex account for trading?

Using a Mini Forex account will get you used to trading with small amounts of money before you gamble more. It means you can get used to the way that the market works but won't lose as much money as you learn.


What is the managed forex?

"The Managed Forex has to do with trading.


Where can one check the Forex markets?

One can check the Forex markets on the Forex official website. The website Forex Markets is also a good way to check on all the latest news and charts regarding Forex.


What is a forex cover?

I'm not familiar with the term "forex cover" in the context of foreign exchange trading. If you can provide more information or context about what you mean by "forex cover," I'll do my best to assist you with a more relevant answer.


How does the forex works?

You can go with Forex Brokers like Integerfx.