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Plus, unlike stock markets or futures markets,
the forex market is a seamless, 24-hour market. At 5 p.m. Sunday,
New York time, trading begins as markets open in Sydney and Singapore.
At 7 p.m. New York time, the Tokyo market opens, followed by London
at 2 a.m., and finally New York itself at 8 a.m. As an investor,
this allows you to react to favorable/unfavorable news by trading
immediately.
It also gives you the added flexibility of determining your trading
day. By comparison, the currency markets in the U.S., such as the
Chicago Mercantile Exchange and Philadelphia Exchange, have regulated
hours. The CME, for instance, opens at 8:20 a.m. ET and closes at
2 p.m. Therefore, if important data comes in from England or Japan
while the U.S. markets are closed, the next day's opening could
be a wild ride. (It is theoretically possible to trade stocks or
currencies overnight, but the overnight markets are very thinly
traded and difficult for some traders to access.) But thanks to
the power of the RefcoFX trading station,
you can now trade forex online wherever and whenever you want —
24 hours a day.
You pay absolutely no commissions or exchange fees. You get
guaranteed prices and instantaneous fills. Your risk is strictly
limited — and you get the power of up to 200 to 1 leverage.
Best of all, you can see how all this works right now and without
taking any risk whatsoever. Try our FREE
online demo account with $50,000 in virtual money. You don't
have to invest a red cent, and you can compete for $5,000 a month
in cash prizes (Competition details).
Why not give it a try? It takes just a few minutes to register online
and download our FREE RefcoFX Trading Station.
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