The Towers Of Foreign Exchange Business: Forex Versus Stocks

There are so many options to trade in the stock market, which may get you confused as to which one to trade. For example, there are over 4,500 stocks listed on the New York Stock Exchange (NYSE). We also have more than 3,500 stocks listed on the NASDAQ. We’ve not talked about the rest,
The question is; which one will you trade? Do you have the whole lot of time to stay on top of so many companies?
But in currency trading, there are dozens of currencies traded, but the majority of market players trade only the four major pairs. I think four is very easier to keep an eye on than thousands of stocks.
That's just one of the many advantages of the forex market over the stock markets.
Let’s take a look at other advantages of forex over stocks.

In Terms Of Hour Of Trade,

The forex market undoubtedly a 24-hour market. Most brokers are open from Sunday at 4:00 pm EST to Friday at 4:00 pm EST, with steady customer service. You can trade during the U.S., Asian, and European market hours without restrictions.

In Terms Of Commission Paid

Most forex brokers charge no commission or additional transactions fees to trade currencies. The forex market also have tight, consistent spread which makes trading cost more lower than those of any other market including the stock market. Most brokers are compensated for their services through the spread.

In terms Of Execution of Market Orders

In forex, your trades are instantly executed under normal market conditions and the price shown when you execute your market order is the price you get. You're able to execute directly off real-time streaming prices too.
Brokers only guarantee stop, limit, and entry orders under normal market conditions. But when there is an economic release, order execution may experience some delays.
The stock market are not filled instantly, you are at the expense of your broker.
In Terms Of Short-Selling Without An Uptick.
Unlike the equity market, there is no restriction on short selling in the currency market. There is always an opportunity to trade whether a trader is long or short, or whichever way the market is moving. You always have equal access to trade in a rising or falling market.

In Terms Of Middlemen Requirement

The stock is a centralized exchange and therefore has room for middlemen. A third party is always involved and this party located in between the trader and the buyer or seller of the stock will cost them money. The cost can be either in time or in fees.
But in forex trading, it is a decentralized market, which means quotes can vary from different currency dealers. You can get the best deal out there because it is Competitive. Forex traders get quicker access and cheaper costs from ever ready brokers.

In Terms Of Market Control Through Buy/Sell Program.

The stock market is very susceptible to large fund buying and selling.
In forex, the massive size of the market gives no power to any one fund or bank to control a particular currency.
Banks, hedge funds, governments, retail currency conversion houses, and individuals are just some of the participants in the spot currency markets where the liquidity can never be controlled.

In Terms Of Analysts And Brokers Influence The Market

In stock, brokers could form an alliance with analyst to relate opposite information about certain assets. The news could mislead investors to buy while the stock is heading down south.
In foreign exchange, as the prime market that generates billions of revenue for the world's banks and is a necessity of the global markets, Analysts have very little effect on exchange rates; they just analyze the forex market.
In Summary, take a look at the table below;