Convenience The fact that you need to go to bed or spend time with your family does not stop the forex markets from operating.  In other markets you can trade a specific window that usually lasts 6-10 hours, which is physically manageable.  Forex, on the other hand, demands 24 hour monitoring.  That can be accomplished through automated trading systems or, less optimally, through pre-set stop and limit orders or physical monitoring of a trade.  Cost “No commission trading” is a marketing slogan many dealers offer as a perceived benefit of forex.  But the fact that there is no commission does not change the high level of transaction costs paid to dealers through the bid-ask spread.   
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