Forex Characteristics
ForEx has been, since its birth at the beginning of the 1970s, the most important and relevant market due to a number of characteristics that have made of ForEx the perfect market where traders must make use of their intellect, time and finances, to make the best decision in terms of investments. ForEx possesses its own characteristics that have made it one of the most dependable markets in our days, casting a shadow and making a great impact on today’s markets.
The main and most significant of ForEx characteristics is its stability that, unlike other markets, has been able to maintain an extraordinary level of trust; ForEx has been able even to raise up the bar in the new international trade markets, setting up the whole new concept for fixed market rates. ForEx stability has made possible that the market never sinks. Unlike other financial trading systems, like the Stock Market, ForEx goods, in this case foreign currency, never falls; currencies get a worse position in the market against other currencies by decreasing in value but, the market continues its operations and never collapses.
In a market where operative hours are not set to rigid office hours, ForEx most dependable characteristic is the non-stop stream of transactions that keeps a 24-hour constant flow. Dealers will be able to set up their own hours in order for them to approach the different exchange deals from any corner of the globe. Foreign exchange rates are vulnerable to noteworthy changes that can show up any time. The flexibility of ForEx allows a market where dealers can rapidly make a large number of instantaneous transactions.
ForEx is an open market for all type of investors, agents, brokers, dealers, even institutions like national currency reserves, banks and even governments. One of the main advantages of ForEx market is the comfort of the market at home, something that has been brought by the new technologic advanced devices. This has definitively made a significant point in history as online home-based investors have become the real agents of ForEx market; starting up a place of work at home has never been that easy.