Jul 3, 2007

Why Forex?


Nowadays Foreign Exchange Market (FOREX) is the most profitable sector for your investments.
Unlike other financial markets the Forex market has no physical location, like stock exchange, for example. It operates through the electronic network of banks, computer terminals or just by phone. The lack of physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one zone to another across the major financial centers (Sydney, Tokyo, Hong Kong, Frankfurt, London, New York etc). In every financial center there are a lot of dealers, who buy and sell currencies 24 hours a day during the whole business week.
Here the most important reasons why Forex is so popular nowadays:
1. Liquidity
2. Flexibility
3. Lower transaction costs.
4. Price stability