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What are the advantages of the Forex Market over other types of investment?

When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other typesof investments. The Forex market is open 24 hrs a day, unlike the regular stock markets.Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount ofcapital. Anyone can enter the market with as little as $300 USD to trade a "mini account",which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency isequal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain orloss, depending on which side of the market you are on. A standard account gives you controlover 100,000 units of currency and a pip is worth $10.