Why do currency trades?

1
Why Trade Currencies?

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2
Benefits of Currency Trading

• Enticed by the idea of currency trading but also
  on the edge when you have to decide whether it is
  the right avenue to make money? Know the benefits
  of currency trading to understand if you want to
  channel them. Here are some of the primary
  benefits of currency trading for beginners to
  understand what the market holds for you and the
  benefits exclusive only to currency trading. If
  these benefits seem profitable to you, enter the
  market. 

3
The most liquid market 

• Liquidity is the seamlessness of finding buyers
  and sellers for your assets in the market. A high
  trading volume means higher liquidity and a rise
  in the chances of your trades being successful.
  The most liquid financial market in the world,
  the forex market, is where large volumes of
  currencies are bought or sold without leading to
  too much price movement. 

4
Trade for more than you can afford with leverage

• Leverage is borrowing money from the brokerage to
  place trades. High leverage in currency trading
  is how you can borrow funds from a broker,
  increasing your exposure to the market and making
  more money with less. Lets take the leverage
  110, for example the broker will multiply the
  size of the trade you can afford by ten times.
•  
• This is how you can generate more profit if you
  do not have enough funds to trade. One thing to
  remember when doing currency trading for
  beginners is to not go for high leverage when
  first starting out. Remember, high leverage
  multiplies your losses as well if your trade goes
  against you. 

5
The market is open 24x7

• The forex market runs 24/7 trading is carried
  across time zones in different parts of the
  world, from 5 p.m. EST on Sunday to 4 p.m. EST on
  Friday. At any given time, at least one market is
  open, and there are a few hours of overlap
  between the closing of one market and the opening
  of another. The international scope of currency
  trading implies that there are always traders
  across the globe who are making and meeting
  demands for a certain currency.

6
Anyone can enter the market 

•  The largest financial market in the world, the
  foreign exchange market, has an average of 4-5
  trillion traded every day across the world in
  currencies. All levels of traders from the globe
  can trade in currencies easily, making forex
  truly accessible for everyone.

7
No centralized entity in control 

• The currency market does not have any single
  entity to control it. Participants from across
  the globe make this market, and hence a player or
  more of them cannot dominate or manipulate the
  prices. 

8
No special permits

• The currency market does not bar anyone from
  placing a trade. You do not have to take any
  special training to trade here. All you need to
  do is open a trading account with a registered
  broker and manage the initial capital. Since
  reading has moved online, it has enabled access
  to the global currency market with an internet
  connection.

9
Technologically advanced 

• Forex brokers now provide traders with a
  proprietary online trading platform incorporating
  the latest technology. Trade with your
  smartphone, place orders within seconds and get
  real-time data on currency movements worldwide.

10
A door to money-making opportunities

• The currency market allows traders to trade not
  only the highs of the market but also the lows.
  It is a market with ample trading opportunities
  regardless of how the market is moving, up or
  down. Your profits depend on correctly
  speculating the movement. 

11
Hedging

• The currency market allows the importers and
  exporters who are dependent on the foreign
  exchange rate for their earnings to hedge against
  the forex rate movements, helping them safeguard
  their money.

12
Arbitrage
opportunities

• Traders can make money in the currency market by
  arbitraging. Currency derivatives, when traded on
  different exchanges, generally have a minor
  difference in prices of the same currency
  contract, which can be taken advantage of to make
  profits.
•  
• Currency trading for beginners can seem daunting
  but consider these benefits and if they work for
  you, start working with the market.