Currency trading is an act of buying, selling of world currencies. It is often engaged by banks or financial trading institutions. Individual investors attempting to benefit from variations in the exchange rate of the currencies can also engage in currency trading. Investing in currency products offer investors an opportunity to participate in the foreign currency market. Today, currency market has become the most liquid markets in the world.
Just like equities and bonds, foreign exchange investment can also help you meet with all your financial needs. Investing in foreign currency sounds like an exotic venture, however, it's obvious that trading is definitely not easy.
Benefits of investing in currency market:
Low transaction cost
Profit potential from rising & falling price
Broad range of products for short and medium term maturities
Diversify your portfolio and tap into new source of potential return!