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Why Choose Forex? 4


4. Overturns Positions
As your futures contracts run out, you will have to arrange ahead if you are going to overturn your trades. With FOREX, the situation is different. Your positions with FOREX run out every two days and you need to overturn each trade just in order for you to maintain your position.

5. 24-Hour Market place
With futures, you are generally limited by time, as their market opens only a few hours each day. Therefore, if a new event strikes you, there will be no way for you to pull out until the market reopens, which could be a disadvantage to you.

FOREX, however, is a 24/5 market. The day starts in New York, and goes behind the sun around the globe through Europe, Asia, Australia and back to the US again. You can trade whenever you like from Monday through to Friday.

6. Free Market place
An average daily volume of US$1.4 trillion makes foreign exchange (or forex) the biggest market in the world, which is 46 times as big as all the futures markets put together! With the amazing number of people around the world trading FOREX, it is difficult for governments to have power over the value of their own currency.

A great alternative to futures and commodities trading is simply FOREX trading.

Unless you have professional skills, you might want to get some help in order to ensure your success. Of course, there will always be some risks implicated, but if you follow this comprehensive guide to triumphant FOREX trading, the whole practice will become much clearer. So let’s get started !