Trading Discussion Flexibility of the forex market

Phabbyfundz

Active member
Many successful forex traders use advanced trading apps on their iPhone or android smartphone and tablets.
Unlike any other financial market, forex has low entry cost due to the large number of participants. Also, the increasing competition among brokers lowers their commission and consequently transaction costs.
Currently, forex is the most cost effective market for retail investors. In forex you can start trading with as low ad $100 to any amount around $2000.
As you start to get a stronger grasp of forex trading and risk management you can invest more. You lower the risk of making rookie mistakes and increase your chances of making a higher and steadier profit.
Unlike stock market the for ex market works with nothing less than 8 currencies which are the base currencies in most trades.
 

Setho

VIP Contributor
The forex market is definitely one that will provide you with a lot of things that cannot be seen in other markets . I particularly like the forex market because it does not have a lot of volatility like the stock market or the cryptocurrency market. It also has a lot of market pairs that you can explore.
 

Dita Walczak

Verified member
The momentum of the market is not always the same. That's why I have to work with a flexible mindset. I have to work according to the plan the way the market reacts. If I'm not flexible, I can't make a profit.
 

Wisdom01

Valued Contributor
It's not even compulsory you start with $100 ,you can start with as Low as $10 depending the amount of money you have to invest , the forex market is truly flexible as you could make more money and gain profit the way you want from the market I think,
 

Mary Frederick

Active member
You can also take geopolitical condition under your consideration as part of fundamental analysis because it helps. If you are not better at this, try to watch videos on Youtube primarily to fix the lacking. Eurotrader uses smart bridge technology to ensure traders’ smooth trading.
 
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