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TD Ameritrade is our top rated-forex broker. It has the best platform, both in terms of its ease of use and in the breadth of the tools it provides. It also offers the most currency pairs, which gives you an opportunity to trade in exotic pairs that have the potential for high returns.
Forex without broker. The concept of trading without a broker in the financial market may seem quite absurd as first. But, with currency exchange, a broker may not always be required to carry out trading. Forex without broker is based on a similar concept and, at times, can be quite advantageous.
Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. While this could be interpreted to mean that about one in three traders does not lose money trading currencies, that's not the same as getting rich trading forex.
The foreign exchange market is open 24 hours a day, for five and a half days a week, in major financial markets in London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris, and Sydney, in every major time zone.
Read MoreBecause scores of forex traders compete over every movement of the market, the volatility factor comes into play and markets can behave erratically too.The sheer volume of transactions that happen every day, all around the world, makes Forex the largest financial market ever.
Read MoreEnjoy a successful exchange in the largest financial markets in the world, the Forex market, that is apparently much bigger than even the stock and bond markets that we might be more familiar with.
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Since the FOREX market is open five days a week and available 24 hours on those days, an investor or trader will have to pick an appropriate country that will yield the maximum benefits.
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