Profit: Well, first reason is obviously profit. Profit is the main reason behind any kind of investment. Currency trading gives the returns which you can never get in simple investments, saving accounts, fixed deposits, marketing, share markets, stocks, real estates and other kinds of investment.
Operate 24 hour: There is no starting or closing time of a forex market. You can
Accessibility: You can do all the forex transactions online. There is no need to travel place to place. You just need a laptop and and fast internet connection to operate. All the software used in forex trading are very user friendly. Even a novice user can operate them easily. There is no need of any special training to do transactions efficiently.
Narrow choices: Most of the currency trading revolve around eight currencies namely Australian dollar, US dollar, New Zealand dollar, Japanese Yen, Swiss Franc, Canadian dollar, British pound and euro. So, there is very narrow choice spectrum unlike share market. This decrease confusion and facilitates the decision making process.
Fluidity: It's a gigantic market. Daily turnover of forex market is about 4 trillion dollar. Huge volume of transaction happens daily. Hence you will never face a condition when no one is interested in selling or buying a particular currency. Currency keeps on flowing.
Leverage: Most of the forex brokers give you option of Leverage. I will explain the meaning of Leverage for readers who are new to