5 Reasons Why You Should Choose Forex Trading

[Music] why trade forks before i tell you what is five reasons for you to trade forks let me introduce you to the simple term of forks forks is the market where one currency is traded against another do we trade forks in real life yes of course we trade forks in money changer when you travel to another country you must change your currency to the currency where you are going to so you can spend your money there when you go back to your own country then you must convert back the money to your home country's currency

that's called trading between one currency to another currency in forks we also do the same thing trading one currency to another currency but instead you exchange it to use the currency you trading it mainly to get profit from the price movements so why do we trade forks the forks market is by far the biggest and most popular financial market in the world traded globally by a large number of individuals and organizations with an average daily trading volume of more than 5 trillion us dollars fork's market opened for 24 hours the forks market opens from monday

morning in new zealand to friday afternoon in the u.s it never stops moving just because their open market is overlapping one to another [Music] which means you can trade in the morning at noon or night according to where you are in the world there are no commission fees forks brokers like vt markets mainly earn money from the spread for certain account types or just with very low commission fees the power of leverage [Music] gives trader the power to control a much larger total contract value than their initial deposit the most common leverage is 100 to

1 but there are many types of leverage you can choose so if you want to have trade 100 000 then you only have to deposit 1 000 or we can say you trade more with less you can trade anywhere we know that the forks market moving 24 hours a day which means that you can trade anytime with current high technology you can trade anywhere you only need two things a gadget with our platform installed in it and an internet connection free practice account one more reason why we should trade forks is we are allowed to

try it out first using a free practice account or we call it a demo account most online forks brokers offer free demo accounts [Music] for you to build your skills and practice trading along with real-time forex news and trading facilities this way you can get a feel for trading without risking any money now you get the idea of why we should trade forks right okay then we will see you in the next video [Music] [Applause] [Music]