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Wednesday, July 2, 2008

Differences Between STOCK and FOREX

FOREX

  • Two-way trading market
  • Twenty-four hour market
  • Only 1.5%-3% of the total amount traded is required as a margin deposit, to begin trading.
  • Dealing in an international market where buyers and sellers are ever present.
  • Contracts can be closed/ liquidated on same or on any other day of one's choice.
  • Interest is paid daily based on number of days the position is held in trade. Brokerage fee is based on a fixed amount per lot traded.
  • Open trading-International Market place.
  • locking is available.

STOCK
  • one-way trading only
  • Fixed opening and closing hours.
  • Full capital outlay required.
  • Need to find a buyer or seller in order to trade.
  • Dividends paid only after period of time; e.g. quarterly.
  • Brokerage fee is a fixed percentage of total value.
  • A fixed place of trading-Exchange.
  • There is no locking system.

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