5 Reasons Why You Need To Try Retail Foreign Exchange

In the last decade, retail forex has become highly popular with the small investors and general public. The major reason for the growing popularity of retail forex is the round the clock possibility of trading in the retail forex market. Retail forex market is open 24/5 meaning from Monday to Friday round the clock except on Saturday and Sunday. This round the clock action means that investors and traders can choose a time for trading that suits them. Something impossible in the stock market. This shift from stocks to forex has been accelerated by the recent stock market crash that took place in 2008.
If you have some experience of trading stocks or bonds than you can esily switch to forex trading as the fundamental analysis and the technical analysis basics are almost similar. Now, many sophisticated investors are also turning towars forex as well.
Recent advances in technology means price transparency and a better trading experience with the use of stop loss and trailing stops. What this means is that traders can execute their trading plans using a combination of these orders to better manage their currency risk.
Another reason for the growth in retail forex is the availability of managed forex accounts. Managed forex accounts provide opportunity to profit from forex without having to trade it. However, investors have full access and control over their capital.
Over the last few years, forex robot developers have been able to develop a number of good robots that have been giving consistent performance. In the last decade, algorithmic trading systems became more and more sophisticated. These automated trading systems are also know as Expert advisors or Forex Robots.
In December 2009, the first ever Forex Robot World Cup (FRWC) was held. This was the first ever live trading competition. FRWC had a cash prize of $150,000 and hundreds of robot developers participated in the competition.
Transparency and the stringent criteria for the competition is going to develop more trust in the use of these robots in the future. The second round of FRWC will start in the next few months and is expected to be even bigger than the first one. The increasing sophistication of these forex robots means that more and more people can trade forex on autopilot from the comfort of their homes now.
What this means is that with a proven and tested robot they can trade forex without having to sit in front of their computers for long hours. These robots are programmed to trade automatically. The development of forex robots and their improved performance is going to drive the growth in the retail forex in the coming years.