Differences of Modern FOREX and Traditional FOREX

Differences of MODERN FOREX and TRADITIONAL FOREX

FACILITY	MODERN	TRADITIONAL
Minimum Initial Capital	Under$500	$100,000
Leverages	higher	nothing( only 1:1 )
Price Difference	2-3point	Average of Around 100 point
Commission	Nothing	Yes and Variation
Trading System	With Margin	Cash
Place	Free( Internet Connection )	Bank or Money Changer
Order Type	Variation	Only Sell and Only Buy
Otomatic Trading	Yes	Nothing
Transaction	24 hours	Follow with Bank Hours
Liquidity	more than $2 Trilyun/days	Depending Stock Bank
Order Execution	Direct Market Watch	Waiting List
Demo Account	Yes and Free	Nothing
Order Facility	Variation	Only Buy and Only Sell