High Volume and Liquidity : -usually, the forex market is highly liquid as it can handle any transaction, even those are reaching beyond $1.5 trillion every day. Again, both buyers and sellers are ever-present regardless of the currency type, and for that, if a buyer wants to buy, there will always be a seller available to sell.
It’s a 24-Hour Market for Five Days and a Half: -as stated earlier on in the text above, the forex market is a worldwide market that is continuous as long as there is an open market somewhere in the world. It’s actually the largest market in the world, as roughly $4 to 5 trillion dollars are traded on a daily basis.
Low Barriers to Entry: -the forex market is for everyone, and getting started at the market doesn’t cost you a lot of money and most especially when compared to trading other financial instruments such as stocks. Again, the market is not owned by anyone; in other words, there is no single institution or rather trader that controls the forex market prices as the market quickly calibrates itself as well levels the playing field.
Low Transactional costs: -typically, the transactional costs are built into the prices within the forex market in the form of the spread. It’s also important to note that their enormous potential profits between the rising and falling prices, even considering the involved transactional costs.