What Are The Advantages of Forex

1)There are only six major pairs.
Example:USD/CAD
Trade the US Dollar Against:
Euro Dollar
British Pound
Swiss Franc
Canadian Dollar
Japanese Yen
Australian Dollar

2.) You can make trades 24 hours a day.
The Forex Market is open form: Sunday 5PM ET through Friday 4PM ET.

3.) You can open an account for less than $500

4.) There are no commissions.

5.) Incredible Leverage:
Mini Leverage
One $500 Lot controls an astonishing $10,000
Currency pair moves 1¢
1¢ equals 100 Pips

Standard Leverage
One $1000 Lot controls $10,000
Currency Pair moves 1¢
1¢ equals 100 Pips
100 Pips x $10 = $1000 profit