- No Commissions
You have no commissions in this market since
you don’t have to go through a broker on your way to the market maker. You
simply deal directly with the market maker and therefore you don’t have a
broker’s commission. This is a huge savings and allows you to get into
profitability much sooner too. For instance, in stocks, you are charged
twice (a buy commission and a sell commission). Ouch!
- 24 Hour a day Trading
Unlike stocks, that trade only 6 ½ hours a
day, you can literally trade Forex anytime 24 hours a day (Saturday &
Sunday Market Close). So instead of having to trade at work (like people
do all over America with stocks), they can trade after work when they can
really have some focus. So it doesn’t matter where in the world you are or
what shift you work…you can trade Forex. More tradable hours means more
tradable opportunities.
Also, many important announcements come out
for stocks when you can’t even trade them (before or after the bell). In
Forex, you can trade currencies at the time of the news announcement if
you like.
- No restrictions on Short Selling
In stocks people want to to go UP and not
down. However, in Forex, you can short just as easily as you can “go long”
(buy). The fills are just as quick. There isn’t any need for a firm to
check for “shares to borrow” like in stocks. There are no “uptick rules”
either. There’s none of that nonsense to worry about.
Besides, in currencies, you are always going
long one currency in the pair and essentially short the other. So they
don’t care which one you are long or are shorting. | 
