Wednesday 25 January 2012

Top 10 Reasons to Trade Forex



  1. The markets cannot be controlled by any single country.
  2. 24 hour trading, the market runs on a 24 hour cycle 5 days a week from Monday to Friday. Trading continues around the clock, beginning in Wellington, Sydney, Tokyo, Hong Kong, Singapore, Moscow, Frankfurt, Zurich, Paris, London, New York and back to Wellington.
  3. Zero trading commission. ICM Capital makes 2 pips on the trading spreads for each of your transactions for example: Bid price is 2.0190   Ask Price is 2.0192
  4. Most brokers like ICM Capital offer educational resources, support and free daily commentary emails that offer fundamental and technical analysis, plus key support and resistance levels. 
  5. To open a Live Trading Account with ICM Capital the minimum starting capital is $500.
  6. Risk free Demo Account for you to practice, you can setup the demo account in just 5 minutes and trade with up to $100,000.
  7. Liquidity – Traders never have to worry about being “stuck” in a position due to lack of market interest.
  8. Its possible to make money whether whatever you are trading is rising or falling
  9. Leverage is 1 : 100 which means:
    1 : 100 Deposit USD 1000 / 100K   (per round lot)
  10. All you need is an internet connection via a computer, laptop or a mobile phone and you’ll be able trade anywhere at any time.

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