Trade forex online – a new way of trading?
I guess many of you have already been trading stocks, options or other derivatives by a broker or even online. With currency trading, or forex (FOReign EXchange) as they also call it, there are brilliant opportunities to trade online. All you need to get started is a computer and a Internet connection..
How to trade forex online?
There are many excellent online forex brokers offering low spread when trading currencies. We at OnlineForex.net will be doing reviews of all of them within short. But first, lets start to point out a few things that differ online forex trading from stock trading.
Differences between stock trading and forex trading?
-There are no fees when trading currencies, such as commission.
-The spread is much tighter with online forex trading then with equites.
-You can trade 24 hours a day, from Monday to Friday.
-The liquidity are much higher with most major currencies.
More similarities and differences will soon be listed here.