benefits of Trading FX on the InternetFullaccess to market information with real-time confirmation and lossanalysis. Lower transaction costs traded directly from live price quoteexecution.Lower transaction costsOnlineForex brokers charge significantly lower commission and transactionfees. Some, like Apex, charge NO commission or fees whatsoever, whilestill offering traders access to all relevant market information.Ingeneral, the width of the spread in a FX transaction is less than1/10th as wide as a stock transaction, which typically includes a 1/8bid/ask spread. For example, if a broker will buy a stock at $24 andsell at $24 1/8, the spread equals .006. For a FX trade with a 4 pipwide spread, where the dealer is willing to buy EUR/USD at 101.30 andsell at 101.33, the spread equals .0004Trade directly from live price quotesVeryfew online brokers are able to offer their clients real-time bid/askquotes, which facilitates immediate deal execution and no missed marketopportunities. Real-time prices also allow investors to compare anon-line broker’s dealing spread with that of current market prices, toensure they are receiving the best possible price on their Forextransactions.Immediate trade execution and confirmationTimingis everything in the fast-paced Forex market. On-line trades areexecuted and confirmed within no time, which ensures that traders donot miss market opportunities. Even the incremental extra time it takesto complete a transaction over phone can mean a big difference inprofit potential.Real-time profit and loss analysisThefast growth in the Forex market forces traders to execute multipletrades each day. It is essential for each client to have real-timeinformation about their current position in order to make sound tradingdecisions.
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