Advantages of Forex Market
- 24/5 Non-Stop: You could say that currently, only 2 currency markets are running 24 hours non-stop, namely the Forex Market and Crypto Market which recently became a trending investment and trade. With this 24 hour trading time, we can set our own schedule to participate in the market freely.
- Free market: In the Forex market, of course, we are free to act in accordance with our own beliefs without any restrictions. We can also reap two-way profits, meaning that when prices go up or down we can still make a profit as long as our expectations are right.
- High Liquidity: With a market that is always active, it produces active price fluctuations as well so that profits/losses can occur in just seconds.
- Leverage: Leverage here acts as leverage funds where with relatively small capital, market players can execute orders that require a larger margin.
- Demo account: If in the past trading exercises can only be done by "taking notes and paying attention" without real action. It is different from the present where Demo accounts with real markets and execution of transactions can be done. So, forex trading exercises can be done without a penny.
Risk of Forex Market
- Volatility: With the increasing volatility and price fluctuations, not only profits can be obtained instantly in a short period of time. However, even large losses can be obtained instantly if the calculation is done incorrectly.
- Leverage: Leverage here can be likened to a "Double-Edged Knife", where small capital will have the ability to execute orders above the ability of the fund. It is true that big profits are obtained, but the risk of large losses can also occur.
- Forex broker: The risk to Forex Brokers is of course there. If you choose any broker, of course, the risk of losing a deposit fund can occur. Especially nowadays there are a lot of brokers who have run a lot of funds from their customers. So, the most appropriate way to do this is by choosing a certified broker, as well as a trusted local broker.
