FOREX is also an extremely efficient market. This is due to the fact that it is a market that never closes.
A trader can literally be active twenty-four hours per day. Other markets, such as the stock market, do not allow for this possibility. As important news reaches you, as an investor you have the possibility of reacting immediately since you can always find working sellers and buyers in some corner of the globe. You also do not need to worry about conference calls of analysts or earnings reports that are done after hours as these cannot influence your portfolio in the
FOREX market. Albeit with a few limitations, trading after hours is now possible for stocks in the United States of America through Electronic Communication Networks (ECNs). ECNs were designed to connect sellers and buyers outside of stock exchanges, but they cannot ensure that each trade is successfully carried out and cannot vouch that it will take place at fair market value. With a view to obtaining a tighter spread,
traders often have to await the opening of markets on the next day. There is no need for this in
currency markets as traders can reap the benefits of all advantageous conditions whenever they occur.
Another advantage of the
FOREX market is low expenditure. In fact, the only charges consist of the spread, i.e. the market difference that naturally occurs between supply and demand prices. There are no commission fees. When operating under standard market conditions, the wholesale transaction cost (bid/offer spread) is usually below 0.1% or 10 pips. The spread can be significantly lower in bigger transactions (under 5
pips) and in very dynamic
markets it can broaden substantially.
ForexGen offers three types of business partnerships:*Introducing Broker *White label *Money ManagerForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.
[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.
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