As you have already gone through the benefits of Forex Trading,  The forex market has lots of advantages, which include convenient market hours, high liquidity and the ability to trade on margin. Now it’s the time to know the main Advantage of Forex Trading

• 24 Hour Open Market – The foreign exchange market is open 24 hours a day, five days a week – From the Monday morning opening in Australia (Sydney session) to the afternoon close in USA (New York session), the forex market is always open. These long hours are because forex transactions are completed between parties directly, over the counter (OTC), rather than through a central exchange. This is fabulous for those who would like to trade on a part-time basis because you can choose your own time for trading.
• Use of Leverage and Margin – With the help of forex leveraging, a trader can open orders as large as 1,000 times greater than their own capital. In other words, Leverage in forex enables you to open a position on the currency market by paying just a small proportion of the full value of the position up front. Leverage gives the trader the chance to make higher profits, and concurrently keep risk capital to a minimum.
• Very High Liquidity – The FX market is the most liquid market in the world, There are a large number of buyers and sellers looking to make a trade at any given time. You can instantaneously buy and sell currencies as always under the normal market condition there will be someone in the market willing to accept the other side of your trade. This also means you can place large orders, and that would be fulfilled without much affecting the currency exchange price.
• Low Capital Requirement – If you compare the spot market with Stocks, Futures, or options trading then you would realize that it takes much lower capital to enter into the trading.
• Greater volatility – The stock market tends to have more stable prices that change over a longer period of time. Although this is a great thing for some trading styles, the volatility of the forex market can create an exciting range of opportunities for short term traders.
• Hedge with forex – Hedging is a technique that can be used to reduce the risk of unwanted moves in the forex market, by opening multiple strategic positions. Although volatility is part of what makes forex so exciting, hedging can be a good way of mitigating loss or limiting it to a known amount
• Profit Potential from both Rising and Falling Market – The Forex market has no restrictions on trading direction. That means, if you think a currency pair is going to increase in value, then you can buy it or go long. Likewise, if you think it could decrease in value, then you can sell it or go short.
• Free Stuff Available Everywhere – The most critical part of trading is the availability of free tools and learning material, which can prepare you for live trading. Here is some good news for you.Majority of online forex brokers offer “demo” accounts for practicing and building your trading skills. They also provide real-time forex news and charting services.Moreover, all of these offerings comes at no extra cost.You can use those demo accounts grow your trading skills and test your strategies before opening a live trading account and risking real money.