WHY IS FOREX SO POPULAR?
FOREX transactions take place around the globe. Millions of transactions take place daily. This increases the probability of earning huge profits and creating wealth.
The value of the currencies is shaped by macroeconomic factors like interest rates, inflation, economic growth and political influence. Demand and supply also play an important role. The above factors are required to be considered before trading in FOREX.
Only 4 currencies are legally allowed to trade in Indian Currency market – they are US Dollar $, Euro €, British Pound £, Japanese Yen ¥. All of these are paired with Indian Rupee - USDINR, EURINR, GBPINR and JPYINR. And 3 cross currencies are also listed they are – EURUSD, GBPUSD & USDJPY.
As all of these currencies are lesser volatile, this market can give good investing & trading opportunity with lesser risk if managed properly with calculated leverage.
• Exposure Managed
• Cities Served
FOLLOWING ARE THE BENEFITS OF INVESTING IN FOREX
The investment in FOREX ensures higher liquidity.
The market is open 24 hours a day for the 5 days of the week.
The transaction charges are low.
It has a wide array of investment options to choose from.
The market is well-regulated. Even though it lacks a centralised exchange, every country possesses a well-regulated system of FOREX trading. The
presence of guidelines ensures transparency in the transactions incurred by the traders and brokers.
The FOREX market is much larger than the Stock market. Therefore transactions undertaken cannot be manipulated.
This is a better option for diversifying your portfolio. It has been observed that the stock market has an inverse relationship to the FOREX market.
This means that when you are losing in the stock market, chances are that investments in FOREX markets will be providing you with higher returns.
How can I help you here?
I shall ensure that your money is poured into safe investment bets. I believe in conducting a strong fundamental and trend analysis of the market conditions before investing (rather than investing based on mere speculation). The fundamental analysis considers the factors like market sentiments, prevailing interest rates, inflation, economic growth and political influence.
I have been engaged in FOREX research for 10 years and have been fascinated by it since it was newly introduced in India. I can assure you that my knowledge will be reflected in my assignments.
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