Serial entrepreneur Dilawar Singh gives plenty of reasons to invest in the forex market
It has always been fascinating for any layman to know about investments in the financial markets. The main reason behind this is the long term returns. While traditional forms of investing like stock trading have been practiced for years, it is currency trading; popularly known as forex trading, which has gained momentum among many investors in the financial market. One of the notable names in the financial industry, Dilawar Singh has great expertise in finance as he explains the need to invest in the forex market.
The serial entrepreneur has great skills in commerce, banking and investments. Born in India, Mr. Dilawar is based in Hamburg, Germany. Although he comes from a family of sportsmen, it is his commercial vocation that led him to enter the financial market. Understanding the latest market trends, the entrepreneur believes that the foreign exchange (forex) market allows multinational companies to do business in other countries.
Explaining why the forex market is the best for trading, Dilawar Singh describes some of the best reasons behind it. According to him, the forex market has the best accessibility compared to other online trading markets. He says, “Forex trading can be started with as little as $ 100. All it takes is consistency and patience to grow a small amount to a large amount. In addition, the procedure for opening a forex trading account is straightforward as there are many forex traders whose platform allows forex brokers to trade online.
Unlike the stock market, the forex market has one of the greatest merits. Dilawar Singh shares that forex trading operates 24 hours a day and almost seven days a week. “There is no opening bell or closing bell to start or stop trading. There is time flexibility in forex trading, which is by far the best part of investing in the market. forex, “Dilawar quotes. The main reason the market is open 24 hours a day is that it involves currencies from all over the world, which means people can enter or exit trade as they choose.
In addition, every investor is looking for one important thing: profit. That’s the beauty of investing in the forex market. Mr Singh added, “The forex market is very profitable and there is a chance that the initial investment could be multiplied by 10 overnight. On the stock market, you only make a profit when the share price rises. But in the forex market, you can buy when the currency goes up and sell when the currency goes down. On the professional side, Dilawar Singh owns a company named OmegaPro, a leading name in the forex market with operations in over 100 countries.
Dilawar Singh’s other business is OMP Money, a UK-based online banking platform. The platform is spread across 100 countries around the world. Giving a final word, Dilawar Singh concludes by stating that forex trading promises fruitful rewards. However, he insists on the need for patience and consistency in order to realize huge benefits in the long run. Well, now we understand why investing in the forex markets has always caught the attention of investors around the world. What do you think?