In today’s marketplace, the dollar constantly fluctuates against the other currencies of the world. Several factors, such as the decline of global equity markets and declining world interest rates, have forced investors to pursue new opportunities.
The global increase in trade and foreign investments has led to many national economies becoming interconnected with one another. This interconnection and the resulting fluctuations in exchange rates have created a huge international market: Forex. This market offers unmatched potential for profitable trading in any market condition or any stage of the business cycle. These factors equate to the following advantages:
Unlike any other investment types, trading Forex requires none additional charges / fees (i.e.: clearing fees, no exchange fees, no government fees, and no brokerage fees).
Forex trading requires no middlemen and allows investor to interact directly with the market maker responsible for the pricing on a particular currency pair.
Free trading size.
Investor is free to determine their trading size in each of their trades unlike futures markets where lot or contract size is determined by the exchanges. This allows traders to effectively participate with accounts of well under $1,000.00. It also provides a significant money management tool for astute traders.
Minimal transaction cost.
The retail transaction cost (the bid/ask spread) is commonly less than 0.1 percent under normal market conditions. At VEVOFX, the spread could be as low as 2 pips.
With an average trading volume of $4 trillion per day, Forex is the most liquid market in the world. It means that a trader can enter or exit the market at will in almost any market condition.
A 24-hour market.
A trader may take advantage of all profitable market conditions anytime. There is no waiting for the opening bell, from Sunday 2200 EST to Friday 2100 EST, the Forex market never sleeps. This is good for those who want to trade on a part-time basis, because investor can choose to trade in anytime they wanted–morning, noon or night.
The big boom in Forex came with the advent of online (Internet) trading platforms.
No market manipulation.
The borderless forex market fills with massive participants to the extent that no single entity can manipulates the market price.
In Forex trading, a small margin deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum.
Free "Demo" Accounts, News, Charts, and Analysis.
VEVOFX offers free “demo” accounts for practice trading. With breaking Forex news and charting services on the website for beginner traders who would like to hone their trading skills with virtue money before opening a live trading account and risking real money.
"Mini Account" Trading.
You would think that getting started as a currency trader would cost a ton of money. The fact is, compared to trading stocks, options or futures, it doesn’t. VEVOFX offers “mini” trading accounts with a minimum account deposit of $1 USD. It makes Forex much more reachable to the average individual who doesn’t have a lot of start-up trading capital.
Restricted Regions: Vevo Global Limited does not provide services for the residents of certain countries, such as the United States of America, European Union, Canada, Israel and the Islamic Republic of Iran.
High Risk Investment Warning: Trading Forex and other financial products on margin carries a high level of risk, and may not be suitable for all investors due to the high degree of leverage will work against you as well as for you. Before deciding to trade Forex, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists is either you will sustain a loss of some or all your initial investment and therefore you should not invest the money that you cannot afford to lose. You should be aware of the risks that are associated with Forex trading, and kindly seek advice from an independent financial advisor if you have any doubts.
VEVOFX does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. When accessing this website from a country in which its use may or may not be prohibited, it is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. VEVOFX does not affirm that the information on its website is suitable to all jurisdictions.