It was four years ago that you were strolling through Kuala Lumpur on a summer afternoon. You asked strangers if they knew anything about forex trading Only people with a lot of investment experience and bankers would get what you are saying.

Let’s fast-forward to 2009. Forex trading has become very popular and well understood. The same applies to people who live in large cities. Internet is the reason. This has been possible because online forex trading opened the currencies markets up to everyone in a way that wasn’t possible before. This phenomenon has an impact on more than one country. A lot of people, both from Africa, China, and Russia, are trying out the forex market through computers.

There are many forex brokers competing for their share of the market and it’s no surprise they are. This has resulted in fierce competition and made opening an online forex trading account impossible. The major forex brokers can help you get an account for forex trading starting at $20 For a total of 68 Malaysian dollars, twenty American dollars equals approximately $20. The equivalent of 68 Ringgit will buy you a good steak dinner in Malaysia. A forex account can be easily obtained for less that a dollar.

You can now trade Forex online with any computer that has broadband Internet and money. There will always be scammers in every business that offers great potential. They are never one to be forgotten and can climb from shadowy places to prey on only the lucky, ignorant and fortunate. It seems that their question is this: Do you think it would be worth your while to attend a 3 Day Course which will allow you to trade currency currencies daily for $1000 USD?

For their marketing pitches, hotels are the preferred location. There have been at least 30 seminars that I attended. Many people in these seminars didn’t seem like they knew what was happening. They wanted to advertise a product that had been repackaged. Some weren’t even interested in forex trading. You can promote your courses through newspapers, internet and word of Mouth. How much is it? It costs $6000 for a 3 month course