Should You Be Trading Forex?

In this article I’ll show you the pros and the cons of trading Forex so that you can decide whether Forex trading is for you.

What Are The Pros of Trading Forex?

The fascinating world of Forex. You see, it’s super easy to find the pros because there’s no shortage of ‘Forex Gurus’ out there telling you they’re the greatest thing ever!

So let’s cover some of the pros of the Forex markets.

1. It’s open 24 hours

Well, the first one that everybody tells you is that it is open round the clock.

So it’s not like trading stocks where you have regular trading hours and then a few extended hours.

No, it means that you can trade it 24 hours a day through the business week.

It is the market that never sleeps. Now, we are trading from 5:00 p.m. on Sunday until 4:00 p.m. on Friday and these are Eastern times.

But as you can see, it is open all the time. And this is intriguing to many people because they have still a daytime job and then they want to trade at night or in the evening or early morning.

And this is one first pros you hear often about the Forex market.

2. “It’s the most liquid market in the world”

There is another pro, this is where people say, “It is the most liquid market in the world.”