Foreign-exchange (forex) trading consists of the buying and selling of world currencies, and its marketplace is among the most liquid in the world. The unique aspect of trading forex is that individual investors can compete with large hedge funds and banks - they just need to set up the right account.
Pros
Service
Because the standard account requires adequate up-front capital to trade full lots, most brokers provide more services and better perks for individual investors who have this type of account.
Gain Potential
With each pip being worth $10, if a position moves with you by 100 pips in one day, the gain will be $1,000. SO CAN THE LOSS. This type of gain AND LOSS is not possible with any other account type, unless more than one standard lot is traded.
<a href="http://www.forexsignals.org/">SPAM Forex signals.org SPAM</a>
Avoid spam. Don't go to sites like forexsignals.org.
Pros
Service
Because the standard account requires adequate up-front capital to trade full lots, most brokers provide more services and better perks for individual investors who have this type of account.
Gain Potential
With each pip being worth $10, if a position moves with you by 100 pips in one day, the gain will be $1,000. SO CAN THE LOSS. This type of gain AND LOSS is not possible with any other account type, unless more than one standard lot is traded.
<a href="http://www.forexsignals.org/">SPAM Forex signals.org SPAM</a>
Avoid spam. Don't go to sites like forexsignals.org.