“Do something today that your future self will thank you for.”

“We are what we repeatedly do. Excellence then is not an act but a habit.” —Aristotle

“The difference between the impossible and the possible lies in a person’s determination.” —Tommy Lasorda

“Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come.” – Dwayne Johnson

“I pray to be like the ocean, with soft currents, maybe waves at time. More and more, I want the consistency rather than the highs and lows.” – Drew Barrymore

1. Largest Financial Market

The foreign exchange (forex) market is the largest financial market in the world, and it's not going to cede that title anytime soon. It's not hard to see why the forex market is used as a snapshot of global trade and economic activity. On average, between $4 and 5 trillion (yes, that's trillion with a T) is traded daily. That's about $200 billion an hour, $3 billion a minute, $50 million a second. And with traders of all sorts participating from all over the world, it truly is the single most accessible and global trading market.

2. It's for Everyone

Forex trading isn't just for the big shots. Getting started as a forex trader doesn’t cost a lot of money, especially when compared to trading stocks or options, and it's part of its appeal to a large number of people globally.

3. High Volume and Liquidity

The forex market is enormous, we've got that. But why is this such a good thing? One word – liquidity. What this means is that given the large volume being traded at any given moment, under normal market conditions you don't have to wait. With a click you can buy and sell as you please, since there will usually be someone on the other end willing to trade back. You can even automate your trading. Of course the market does have its quiet hours, but generally there are always trades to be made, especially if trading popular pairs like USD/EUR and other majors.

4. Nobody Owns the Market

Given the sheer size of the forex market and the amount of participants, no single institutional trader (no matter how big) can control market prices for an extended time period. The market quickly calibrates itself and levels the playing field. Additionally, the forex market is decentralized and there are no middlemen. You trade directly with another participant in the market and a retail forex broker simply facilitates this connection. Essentially the market is influenced directly by the economy itself, not one person or a company. You can't corner it and you can't control it, and that means that you're not as small a fish as you may think.

5. Trade the Highs and the Lows

No matter if the market is rising or falling, you can trade.You can find opportunity in any market condition and you can trade when you believe the price of a currency pair is going up or when you anticipate it going down. Some traders even thrive on high volatility periods. Although carrying more risk, these sudden price changes can be advantageous if timed right. Whether you're following longer market trends or trading day to day movements, there is plenty of trading opportunity to be found.

6. A 24-Hour Market

The forex market never sleeps. Open 24 hours a day, 5 days a week, you can trade whenever you want to, not when the market dictates. There is no waiting for the opening bell or scrambling to get your order executed before a daily close. Trading begins with the opening of the Sydney session and closes with the New York session, by which time it starts all over again, round the clock. This means you can be as active or passive as you'd like, and trade on your own schedule – be it morning, noon, or night.

7. No Commissions on Most Accounts

There are generally no trade commissions, or very low ones for large volume trades. There are also no clearing or exchange fees. Most retail brokers earn their revenue through the “spread,” which is the difference between the bid and ask price. Spreads in the forex market also tend to be very tight (more on that below), making forex trading one of the most cost-effective investment tools.

8. Low Transaction Costs

As mentioned above, the difference between the bid and ask price is the broker’s spread and this is the retail transaction cost. Highly capitalized brokers can offer very competitive spreads, thus minimizing your trading costs and maximizing your profits. 9. Leverage

A small deposit can go a long way. With leverage you can essentially "borrow money" from your broker to trade with in excess of your actual deposited funds. This is a powerful tool and one of the most attractive features of forex trading.

10. Risk-free Demo Account

You can make use of a free demo account to practice forex trading and learn the ropes. Trading with a demo account is just like the real thing, but you're doing it with "play money." A demo account is great for those who want to test the waters or improve their trading skills in real market conditions without risking any actual capital. And this is all for free and without any commitment. So give it a try and see the benefits of trading forex for yourself!