The Forex Market vs. Futures: Why Choose Forex?

TORONTO - May 21, 2021 - PRLog -- When you trade within the forex market, it is important to acknowledge that it doesn't strictly have to do with the stock market. Forex happens to provide people with a number of other various benefits that we here at Smart Prime Academy will explain in our blog post below.

Liquidity

Were you aware that approximately $6.6 trillion is traded daily within the forex market? These numbers make forex the most liquid market on the whole planet. Not only is it the most liquid, but it stays liquid consistently. This essentially means that positions can be liquidated and stop certain orders with little to no slippage. The forex market can also absorb transaction sizes as well as volumes of trading.

In comparison, the futures market trades a measly $30 billion in a day; that's a much smaller trading value than the one forex has.

It's Open 24 Hours a day, 5 days a week

When New York trading closes, immediately after, the Sydney market opens right back up! This makes for a seamless, 24 hour market that is open almost all the time. This in turn gives you the...

Read More: https://www.smartprimeacademy.com/blog/forex-vs-futures/

How We Can Help

Are you interested in learning about forex? Not sure where to begin? If so, why not try our services here at Smart Prime Academy? We provide stellar service with a team who has been in the forex market business for years! This means you are getting only the most beneficial advice, from experts who care about your success. To learn more about our Forex trading courses in Richmond Hill (https://www.smartprimeacademy.com/academy/), be sure to visit our website linked above and contact us today! We look forward to hearing from you.