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In spot currency trading, there are dozens of currencies traded, but the majority of market players trade the four major pairs. You can easy to keep an eye on “majors” than thousands of stocks.
With Forex, you have the ability to trade during the U.S., Asian and European market hours. This allows you to create your own trading schedule – instead of being tied to the opening and closing bells of the New York Stock Exchange.
Instant Trading
You can be almost certain the price you clicked is what you get. Most brokers will guarantee stop, limit, and entry orders. There’s no discrepancy between the price displayed and the execution price (unless extremely unusual market conditions exist).
Minimal or No Commissions
Most forex brokers charge no commission or additional transactions fees to trade currencies online or over the phone. Combined with the tight, spread, forex trading costs are lower than those of any other market. Most brokers are compensated for their services through the bid/ask spread.
Not Easily Influenced
The Forex market is extremly huge so that no one individual, fund, bank can ifluence it for long time.