An investment is an asset or item acquired with the goal of generating income or appreciation. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
The key benefits of investing in MYFXPAY include:
- A large and liquid market The foreign exchange market is the largest and most liquid market in the world, with an average daily volume in excess of $6 trillion.
- Diversification The foreign exchange market offers investors a way to diversify away from potential risks associated with the U.S. dollar as an asset class.
- Trading hours The foreign exchange market operates 24 hours a day, five days a week, which offers more trading time than most traditional equity, bond, or futures markets.
- Potentially low costs Most foreign exchange trading doesn't involve paying a commission, but rather, a bid/ask spread that tends to be tighter than equities.