You can trade 1.24.
The foreign exchange market is a 24-hour uninterrupted market. Whenever and wherever any news happens, foreign exchange traders can react quickly. In addition, foreign exchange traders can make flexible plans for foreign exchange trading hours through rich foreign exchange ordering functions.
In the futures market, such as Chicago Mercantile Exchange or Philadelphia Stock Exchange, there are certain restrictions on business hours. As far as the Chicago Mercantile Exchange is concerned, the business hours are from 8: 20 am to 2: 00 pm EST. Therefore, if no important events are announced during business hours, futures traders will have no time to react when the market opens the next day. Important events usually cause gaps in futures prices, and traders can do nothing at this time.
2. Good liquidity
Liquidity refers to the difficulty of entering and leaving the market. If you have a lot of money in your hand and want to sell it, the foreign exchange market has a large transaction volume and high liquidity, and the foreign exchange market has the ability to fully absorb your orders, so it is easy to sell it in a short time, especially before the price changes significantly.
On the contrary, the trading volume of the futures market is only $30 billion, and the liquidity is low. Futures investors often deviate from the price due to trading delays, resulting in losses.
3. Low cost
In foreign exchange transactions, brokers only pass
Spread "profit, traders only need to pay this small amount of cost. The transaction cost of futures market is much higher than that of foreign exchange. When buying and selling in the futures market, in addition to the price difference, futures traders must also bear additional commissions or handling fees.
4. Pricing
Foreign exchange brokers have been able to provide stable quotations and real-time transactions. As long as foreign exchange traders are willing, they can usually use Marketorder for quick trading.