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Everyone knows that what Forex is. It is foreign exchange Currency or FX selling is distributing worldwide market and where every world’s currencies exchange. On this page, let’s check the difference between Forex stocks and trading stocks according to the Finance Brokerage Education. It is one type of stock market where you can buy and sell the share. Its working structure is similar to any stock market but there are some differences that make it one of a kind. So here in this post, we will look at 3 differences between stock trading and Forex.
Top 3 difference between stock trading and Forex
Forex market is one of the amazing markets for the online trading. But still, it’s advisable that you should figure out the difference between Finance Brokerage Stocks and Forex market.
- Trading Hours
Both stock market and Forex market in the strict timing. Forex market operates twenty-four hours in a day in three break meeting throughout the year. The Forex market doesn’t overlap and you can select between European, us and Asian riding hours. And stock market consistently operates for the 7 or 8 hours in 3 trading sessions.
- Trading Marketplace
Forex market is another independent market for traders which work similar to stock market. it is popularly known as over the counter exchange. This market can trade according to government protocols and regulations. It also works in accordance to demand at any particular location. Some of the countries ban the trade deference in currency pairs.
- Financial Friction
In the stock market, you will always need a broker to invest in a correct direction. A broker is always behind every sale and purchase made in a Stock exchange. But in Forex marketplace there are no needs for a middleman to make the purchase and sale. It is completely transparent in its own way and you can do it easily from online.
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