TRANSPARENCY. No Madoff style risk fraud with fake statements and returns. Clients have full time access to his own account and can check the results and trades online.
No correlation with Stocks. This fundamental advantage was highly noted in the last months when all stocks exchanges crashed to several year lows, and the Forex Markets was not correlated at all.
24 hours a day Market. The Forex market operates 24 hours continuously non stop, from Sunday night (Monday Morning in Australia) through Friday afternoon, at the close of US markets. There is no after markets hours manipulations.
No bear markets Since the currencies operate in pairs (one with or against another euro/dollar, for example), there are no difference, nor limitations between going long (buying) or going short (selling), as exists in the Stocks. When a currency goes up, the other member of the pair just goes down. For this reason there are no bear or bad markets.
Limited Risk. Currencies fluctuate in value in a way less than stocks, and there is no risk of a company that goes bankrupt, leaving one with stocks that are worth nothing. (ENRON for example).
Biggest Financial Market in the World. With transactions of near 2 trillion dollars daily, there is no risk of remaining with a no sellable position that nobody wants to take, as indeed it happens with the stocks.
Totally Liquid Investment Although it is highly recommendable to consider this investment as a medium term investment, you can withdraw your invested money (total or partially) within 48/72 hours.
Account in your Name The funds that are invested will be deposited in an account, with your name, and only you can retrieve it.
Tax Free If You. are not a Citizen or Resident of the USA, your investment could be 100% tax free in relation to the American authorities (the USA is a fiscal paradise for non residents).
High Leverage. With only US$ 1000 in the account it is possible to buy up to US$ 100.000 in currencies, (100/1) . This allows fast gains with an absolutely limited risk: When acquiring a contract of U$ 100.000 risks, there is a risk of only US$ 1000, but the potential of gains of that same transaction is limitless. |
