Forex inherently appeals to traders world-wide with its advantages.
24-Hour Trading
One of the foremost advantages of trading Forex is 24-hour trading. Forex is able to trade 24 hours because it isn't traded on an exchange; rather by banks around the globe. Even though it may be 9:00 pm on a Wednesday, there is a market open somewhere in the world in which currency is available for trading. Forex is a true 24-hour market, trading from Sunday afternoon ET to Friday afternoon ET. Such 24-hour trading allows investors to trade on their own schedule - and not on the schedule of an exchange.
With IBFX Australia, the only transaction cost to trade Forex is the spread - the difference between the bid and ask prices. On top of that, we have low spreads on the majors.
Enjoy low spreads with IBFX Australia
But don't take our word for it: here on our website we publish actual previous spreads to substantiate our low spreads claim. Say goodbye to commissions, account maintenance fees and service fees, inactivity fees, account closing fees, and say hello to the simple power of trading Forex with IBFX Australia.
Fewer Short Selling Restrictions
With the same margin requirements as buying long, a trader can sell short in the Forex market without added costs and hassle. This allows traders to act on a bullish market as well as a bearish one.
