 |
|
|
|
|
|
|
|
-
The FXCM Forex Practice Account provides unlimited
Live Quotes and Real-Time Charts.
-
You can test and evaluate forex trading strategies
with no risk.
-
You can access FXCM's Services staff 24 hours a day,
7 days a week, 365 days a year.
-
The free forex practice account is live for 30 days,
then automatically expires.
-
Register Now to experience the excitement of
Currency Trading
Trade Around the Clock
The forex market is a near-seamless 24-hour
market, but is subject to available liquidity. FXCM offers trading from
Sunday, starting after 5:15 PM EST, until Friday, 4PM, EST (FXCM Client
Service is available 24/7. With the ability to trade around the clock,
currency traders have the advantage of customizing their own trading
schedule; they can usually get in or out of the market at any time
without waiting for an opening bell or encountering a market gap. While
trading stocks after usual market hours is possible, very often that
possibility is negated by a lack of order flow or a drastic widening of
the bid-ask spread.Pay No Commissions*
In the forex market costs are confined to
the bid-ask spread. FXCM charges no commission or additional transaction
fees, and its customers trade on spreads posted by some of the world’s
largest banks, who compete to offer some of the best rates via the FX
Trading Station.* In the stock market,
“no-fee” programs are frequently offered only with provisos mandating
minimum account balances or minimum trades per month.No Uptick Rule
Unlike the equity market, there is no
restriction on short selling in the forex currency market, no matter
which way the market is moving. Since currency trading involves buying
one currency and selling another, a trader has the same ability to trade
in a rising market as in a falling one.Forex Market Information
Easily Accessible
Information about stocks is abundant, but
so are the stocks. Finding a trade opportunity in the equities markets
may mean sifting through data on thousands of stocks, while the forex
trader has only six major currencies to research. Additionally, the
vital information that moves equity markets, such as revenues and
profits, is proprietary and private, and sometimes subject to fraud,
deception and insider trading. In contrast, virtually all of the news
that bears on the forex market is in publicly disseminated reports from
governments or research institutions, and released to everybody at the
same time.
The knowledge you've gained in analyzing stocks is easily transferable
to the forex market. Many of the economic indicators familiar to equity
traders, such as payroll data and interest rates, affect the currency
markets. And many technical traders have found the forex market to be
particularly attractive, since currencies respond well to many of the
common technical indicators, such as MACD, RSI, and Candlestick
charting.
To learn more about transitioning from trading equity markets to
trading in the Forex market, contact us at 800-525-1090.
*FXCM is
compensated for its services through the bid ask spread.
|
|
|
|
|
|
|
|
|
