Why Trade Forex

Although the Forex market is by far the largest and most liquid in the world, day traders have up to now focused on seeking profits in mainly stock and futures markets. This is mainly due to the restrictive nature of bank-offered Forex trading services.

Unlike others, NorthFinance offers both online and traditional phone Forex trading services to all investors, with minimum account opening values starting at 100 USD.
There are many advantages to trading spot Forex as opposed to trading stocks and futures. 

1. Market is on its own
In the peoples mind there is this opinion that brokerage firms and analysis’s can change the flow of the currency. But in reality, FOREX is an independent international foreign exchange market which can be influenced by many factors but NOT by the wants(wills) of traders and brokerage firms.

2. Trade when you want, make your own trading schedule
Because of its diversity you are able to trade FOREX 5 days a week, 24 hours a day. US, Europe and Asia the major trading sessions enable you to trade on your own schedule and make a quick respond to breaking news from all continents of the world no matter where you are located.

3. Big Potential
Complied benefits from both high leverage and potential profits from both rising and falling market, Forex is very interesting for speculators from every point of view. 

4. More buying power with 1:500 leverage
For example, with $10,000 cash in a standard account that allows 1:100 leverage (1%), you can control up to $1,000,000 in notional value. 

5. Take all your profits with you
NorthFinance charges NO commissions or fees, simply take all your profits with you. Commission-free trading is one of the most attractive features of NF. The dealing spreads are as low as 2 pips(for EUR/USD). Providing a more comfortable environment when trading. Versatility all around 

6. Forex is the largest and most liquidated market in the world
The overall volume of FOREX market is $2 trillion. Almost all the amount of the volume involves trading of the major currency pairs, NorthFinance clients enjoy tight spreads on these pairs.

7. Trade in both bullish and bearish market
NorthFinance clients have the ability to trade in both directions, compared to other equity markets where it is more difficult to make certain trades. This gives an advantage to all our clients.

8. Easy access to your Forex trading
It is simple to open an account, you can do it on-line within 10 minutes. With multiple means of funding/withdrawing you can start trading within one hour. Access your trading account from anywhere in the world. Our company serves clients, from over 150 countries and with a large network of world wide located offices and representatives it makes contact us easy.

Trading Example

Trader Y opened an account of USD 50'000. 
He buys EUR/USD 500'000 @ 1.3500 at the market and places a stop loss order at 1.3460.
This point shows that his maximum risk is USD 2'000 and his margin utilization is 10%, well above the minimum.

During the trading day the Forex market fluctuates and initially moves down to 1.3480.
At this point trader Y has an unrealized loss of USD 1'000 and his margin utilization has fallen to 98% reflecting the effect of the downward move on his margin capacity. 

Later the price moves back up to 1.3600 and trader Y decides to take profit. 
He sells at 1.3600 making a USD 5'000 profit which represents a 10% return on his account value.
Note that trader Y took only a risk of USD 2'000 and made a return of USD 5'000 this equates to a risk/reward ratio of 2.5. A high risk reward ratio is what every trader should be aiming for.
Please note that the example above is a random case and in no way is meant to illustrate that the potential for profit is always greater than the potential for loss in foreign exchange trading.

(Source: www.northfinance.com)