Stocks Trading Or Forex Trading? Which Do You Prefer And Why? | All About Money Online

Forex hands down. On the NYSE, there are 1600 issues. Worldwide, there are 40,000 issues. That’s a lot of information to sift through to find a stock to trade. In the forex there are 6 major curreny pairs. A lot less info. Stocks – only allow a max of 2 to 1 leverage. Forex (depending on the broker) can have up to 400 to 1 leverage. Forex – you can start an account with as little as $200 (or even less depending on the broker). Forex trades 24 hours a day, stocks (on the NYSE) trade from 9:30 am to 4 pm Eastern time.

Average dollar volume traded on the NYSE during the day is approx. $40 billion. Global equities markets is about $190 billion daily. Forex is approx. $1.9 trillion daily.

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