Forex Trading– How Can Individual Investors Benefit?
Large multinational and individual banks and other major financial institutions have dominated FX trading (also known as Forex trading), but there is a paradigm change in the nature and type of investing. The competition between the brick and mortar institutions and the Internet-based companies has dramatically lowered the costs of investing and empowered the individual investor to take control of their own investment strategy in Forex trading.
We know Forex trading is direct access trading of currencies. In the past, foreign exchange trading was limited to institutional traders and large banks but recent advancements in technology have allowed small traders to take advantage of the many benefits of Forex trading using online trading platforms to trade.
In the new millennium, the Forex trading has become accessible for an individual investor or small group of investors. In the current scenario, investors reap many benefits from Forex trading than stock market, e-mini futures and such other trading. Today mostly traders are choosing Forex trading than stock trading because there are approximately 4,500 stocks listed on the New York Stock exchange.
Not only is it an accessible, easy and less capital-intensive business opportunity, but it is much more cost efficient too to invest in the Forex market, in terms of both commissions and transaction fees. In contrast, on-line Forex brokers charge significantly lower commission and transaction fees.
Large multinational and individual banks and other major financial institutions have dominated FX trading (also known as Forex trading), but there is a paradigm change in the nature and type of investing. In the past, foreign exchange trading was limited to institutional traders and large banks but recent advancements in technology have allowed small traders to take advantage of the many benefits of Forex trading using online trading platforms to trade. In the current scenario, investors reap many benefits from Forex trading than stock market, e-mini futures and such other trading. Today mostly traders are choosing Forex trading than stock trading because there are approximately 4,500 stocks listed on the New York Stock exchange.
