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Free Forex Demo Account |
Currency Trading: Top Forex Trading Course.
The foreign currency trading market, or forex, is the largest market in the world. Many traders believe that they must have the top forex trading course in order to make money in the market. There is a huge industry that has developed in order to "teach" people how to trade this market.
Just because there is a course available does not mean that this course will teach you how to trade the forex profitably. Unfortunately, people are paying thousands of dollars for seminars, courses, and hundreds signals or trades each month and not learning how to profit in this market.
The agency that is the guardian of the forex market, the CFTC, requires that anyone who produces a product on trading the forex, place a disclaimer that the forex is risky and promises of profits are unsubstantiated.
Over 95% of first-time forex traders lose their account because they are not ready to trade. The good news is that you can open up a free trading account and practice before you invest your money.
It is recommended that the beginning trader start with an inexpensive forex e-book and test out the trading methods from the book in their practice demo account before trying the trading method in a live account.