Advantages of a Forex Trading Career
There are several advantages that a career as a forex trader, also known as a foreign exchange trader, offers and these include:
Low Costs
Forex trading can have very low costs (brokerage and commissions). There are no commissions in a real sense–most forex brokers make profits from the spreads between forex currencies. One does not have to worry about including separate brokerage charges, eliminating an overhead. Compare that to equity or other securities trading where the brokerage structure varies widely and a trader must take such fees into account.
Suits Varying Trading Styles
The forex markets run all day, enabling trades at one’s convenience, which is very advantageous to short-term traders...
