08/29/2017 Share List rading on the Forex in my opinion is much better than trading stocks on the stock market. There are some key differences between the two and understanding the difference will help you earn extra money and minimize losses. By gaining knowledge of the differences you will be better equipped to enter into a market where you can earn money in a fast amount of time. Forex trading is not for just for professional traders. Individual traders can take advantage of trading without a broker. The following 5 key advantages of trading: 1. Low Transaction Costs Trading. There are no upfront fees. When you sign up for a trading account you don’t need to worry about upfront fees. Forex companies make there money on the spread. The spread is the difference between what the currency sells for and how much you pay. No need to worry about paying a lot of money. Most sites require only a $25 2. Trade 24 hours Unlike the stock market the forex is open 24 hours on Monday, Tuesday, Wednesday and Thursday. The market closes 5 p.m. on Friday and re-opens Sunday at 5 p.m. The only day it’s closed for 24 hours is Saturday. The New York Stock exchange is open Monday through Friday 9 a.m. to 4 p.m. The forex definitely has an advantage over the stock exchange as far as hours are concerned. Where else can you go and trade stocks for almost 24 hours? Trade on the forex all night if you’d like. 3. Highly Liquid Market Forex trading means you trade in all cash. When you exit a position, the money is available to use for the next trade. You don’t need to wait a few days before the money can be used again. 4. Having Leverage and Margin in Forex Trading The best advantage for traders on the forex is the ability to use margin when trading. This allows a trader to have a large leverage with the possibility of earning huge profits with a small amount of money. Keep in mind that leveraging works both ways. You can earn a huge profit as well as lose a lot of money. 5. Trade One of Two Currency Pairs There are a lot of currency pairs to trade. The best advice I can give is to trade only one or two currency pairs at a time if you are a beginner. Most professional traders don’t trade every currency. If you take the time to learn all you can about the market and the currency pairs you intend to trade you should have no problem with minimizing your losses.