Advantages of Margin FX
24-Hour Market
The Forex market is a seamless 24-hour market. The spot FX market is unique to any other market in the world, as trading is available 24-hours a day. Somewhere around the world, a financial centre is open for business, and banks and other institutions exchange currencies, every hour of the day and night with generally only minor gaps on the weekend. Essentially foreign exchange markets follow the sun around the world, giving traders the flexibility of determining their trading day.
The MF Global dealing desk is open from Monday at 7am EST until Saturday 9am EST. With the ability to trade during the Asian, European and U.S. market hours, traders have the advantage of customising their own trading schedule.
Rapid Execution of Market Orders
MF Global prides itself in offering the best execution possible in all market conditions. MFGA offers rapid execution and price certainty on every market order under normal market conditions.
Short-Selling without an Up-tick
Unlike the equity market, there is no restriction* on short selling in the currency market. Trading opportunities exist in the currency market regardless of whether a trader is long or short, or which way the market is moving. Since currency trading always involves buying one currency and selling another, there is no structural bias to the market. Hence, a trader has an equal access to trade in a rising or falling market.
Types of Orders
When trading Forex markets traders are able to place sophisticated orders from market orders, entry orders, stop/limit entry orders, and stop-loss orders. All of the above orders are Good Until Cancelled (GTC), which is valid until the order is executed or cancelled.
*subject to commercial trading limits.
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