An increasing number of people are being attracted by foreign currency trading in preference to the variety of other forms of investment available today and it is not hard to see why.

The Forex market is the biggest trading market in the world and shows a growing trading volume which has risen from in the region of $500 billion dollars to $2 trillion in the last twenty years. It is also an amazingly liquid market which is not tied to any particular location and operates around the clock across the world making it in effect a permanently open market. As one market closes its doors another is opening and you can effectively follow the markets across the world as you trade and even more or less eliminate the fact that the market in your home country is closed at the weekend.


As a consequence it is not surprising that foreign currency trading appeals to a wide and growing variety of big and small traders each of whom enjoys a wide choice of trading strategies arising out of the large number of factors which affect foreign currency rates. Indeed for a lot of traders entering the market it is the fact that there are so many different factors that affect foreign currency exchange rates which they find particularly attractive as it allow them to use a large range of different tools when trading in this extraordinarily exciting market.


Possibly the biggest influence today however on the future growth of the market and its popularity is to be seen in automation which is easier than ever before to achieve and which brings with it many advantages.


Automatic foreign currency trading permits trades to be conducted anywhere in the world in real time and virtually eliminates the losses that are so often seen in manual systems which are trying to operate in such a fast moving and unpredictable environment. Anybody who has experienced trading using manual systems knows only too well the frustration brought on by a series of losses produced by nothing more than a simple time delay in buying or selling.


Automated Forex trading also permits you to operate in a number of different currency markets at the same time without any problems with the time zones of the markets in question. If you are in the USA at 1 o'clock in the morning then automated trading allows you to work with traders on the opposite side of the world in a variety of different countries all at the same time without any problem.


For a lot of traders one difficulty is that of the management of risk and this too is reduced as we move into automated trading. Manual systems often make traders nervous about whether payment will be forthcoming following the completion of a trade but because payments can now be matched in real time this is far less likely. Indeed, as automated systems continue to develop settlement systems will also be updated and any risks are likely to be all but eliminated before too much longer.


Technology has advanced by leaps and bounds in recent years and is going to continue to do so in the years ahead. Most importantly, access to this technology simply and cheaply from the comfort of our own homes, or today even when we are mobile, means that we can all now handle our investments with ease. For those of us working in the currency trading world automated foreign currency trading will undountedly come as a welcome addition to an already great form of investment.


LearningForexTradingOnline.com provides advice on everything from automated currency trading to using an online currency calculator