Lately, forex investment has become a type of investment that is in great demand by the public. Basically, Forex is an abbreviation of Foreign Exchange , which means to make buying and selling transactions of foreign currencies originating from various countries in the world.
The purpose of buying and selling transactions is to get a lot of profit. Currently, there are many traders who are present in all countries in the world. Therefore, don’t be surprised if a lot of people learn forex trading for the sake of making a profit.
But besides being able to be used for trading , it turns out that forex is one of the investment instruments that can provide big profits robot tranding binance. Many investors are competing in investing their wealth in the form of forex .
But, why forex can be a profitable investment asset? Curious? Find the answer by reading the article about forex below.
What Are the Advantages of Running Forex ?
We must all admit that forex is one of the investment instruments that is able to provide greater profits than other instruments.
A famous trader named Dr. Corvin Coldira chose forex instruments as his investment assets because the trend conditions tend to move more slowly.
In the Seputar Forex page , he explains that the factors that influence forex changes are various economic news which are generally unable to provide big changes.
So, it is certain that in general there will not be much change in the forex trend , so it can be used as a long-term investment asset.
In addition, there are several reasons why forex is one of the investment instruments that is able to provide large profits than other instruments, namely:
1. High Return Of Investment (ROI)
If we compare it with other investment instruments, forex has the highest percentage of ROI. ROI or Return on investment is the return on investment which is calculated by dividing the income generated by the value of the invested capital.
So, the thing you have to pay attention to when trading forex is consistency and strategy in making a profit.
Also read: Crypto Trading: Understanding, How it Works, and Tips for Doing It
2. Small Capital
You don’t need to worry if you don’t have big capital to invest in forex . Generally, most people will assume that if you want to invest, you need a very large amount of capital. But this does not apply when you invest forex . Why? because you can start with a smaller capital first.
Even today, there are several brokers that make it easier for investors or traders to open an account with a capital of only $1 or around 14 thousand rupiah.
A trader broker is a company that has collaborated with major producers or banks in order to be able to carry out trading activities in foreign exchange (foreign exchange) for forex traders .
3. High Liquidity
Forex is one of the most liquid instruments in the world. When you make a purchase whenever you want, there will always be someone who wants to sell it to you, and vice versa.
This is because the scope of forex is a world exchange that is integrated with one another.
Of course, this is inversely proportional to the stock market, where when you make a transaction, it can only take place on certain stock exchanges, such as the IDX or the Indonesia Stock Exchange. So, the stock investment that you make is very vulnerable to a failed transaction condition.
4. More Independent
It is undeniable that forex is an investment instrument that is suitable for everyone, including for individuals or individuals.
Why? Because by investing in forex , you can determine for yourself the amount of money you want to invest later and when is the right time to do buying and selling activities.
Of course, this is different from other investments, such as deposits, mutual funds, and insurance. Generally, these three instruments can only be done through a third party.
Thus, we conclude together that forex will make us more independent without the need for a third party.