Currency trading on the Forex market has many advantages. Currency trading or forex day trading is in many ways more advantageous than day trading stocks or futures. Learn with Peter Bain's currency trading strategies course and look at all the advantages below:

24-hour trading

The forex market is a true 24-hour market. This means that a currency trader can basically choose his/her own hours to trade.

Low minimum investment

Currency trading strategies require a lot less starting capital than day trading stocks. Thus, you could start out small to try out forex trading.

50:1 Leverage

Forex trading offers much greater buying power than day trading stocks, which only offers 4:1 margin.

FDIC insured accounts

Full account protection via segregated, FDIC insured customer accounts.

Superior liquidity

The foreign currency exchange market is the largest financial market in the world. This results in fair prices and narrow spreads.

Free currency trading program with real-time charts and news

Free easy-to-use online forex currency trading system with streaming, real-time charts, news and commentary relevant to the currency trading market with Peter Bain's stock trading course.

No commission or transaction fees

It is much more cost-efficient to trade FX in terms of both commissions and transaction fees.

Can make money in rising and falling markets

There are no restrictions to sell currencies short, unlike stocks which have to be sold short on an uptick rule. This means that with forex currency trading you can make money just as easily in rising and falling markets.

Better for trading in after

Stock liquidity is reduced after regular trading hours. Forex currency trading does not exhibit this problem because the currency trading market is open around the clock