Advantages of Forex trading

Liquidity
The foreign exchange market is extremely attractive to retail traders because it is a highly liquid market. Liquidity means there are a large number of buyers and sellers, resulting in rapid execution of trades - buys and sells - at any time during market hours.

Forex trading hours
​The foreign exchange market is open 24 hours a day, 5 days a week, meaning we can open and close trades at any hour of the day, unlike other markets. The highest trading volumes typically occur when the various global markets open throughout the day - starting with Sydney, then Tokyo, then London, and ending with New York.

Leverage
Due to high level of liquidity in the foreign exchange market, the basic concept is that a trader only needs to leverage a small percentage of the total price of the position.
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For example, if your leverage is 1:500 and you want to trade the GBP/USD currency at a price of 1.3570 with a value of 100,000 you will need a margin of $271 for a 1 Lot contract.
However, without leverage (1:1) and you want to trade GBP/USD currency at a price of 1.3570 with a value of 100,000 you will need a margin of $135,744 for a 1 Lot contract.
Therefore, small price movements in a currency carry more weight, potentially leading to larger gains on smaller investments. However, leverage works in both directions and can amplify losses.
Although leverage amplifies your profits, it also exposes you to the risk of amplifying losses, including losses that can exceed your margin. Therefore, trading with leverage requires a very important understanding of how to manage your risk.

Lower Starting Requirements
​Due to the high leverage, it's possible to open an account starting from $200. This is a much lower entry level than other types of investments.

Low-Cost Transactions
​A forex broker's revenue comes primarily from the difference between the buy and sell prices. This is called the spread, and due to high trading volumes, these fees are considered very low compared to the fees charged by traders on local exchanges.

A Wide Variety of Trading Instruments
​Trading in the Forex market allows you to trade a wide range of different currency pairs and speculate on global events.
With Orbex, you can choose from over 40 currency pairs in addition to commodities, stocks, and stock indices.