According to the established banks, 95% of forex day traders lose money. Sound like a good deal to you? No, I didn’t think so. Forex Trading is NOWHERE near as easy as the brokers would have you believe.

There is a good, unbiased and free guide to forex trading here (written by yours truly.)

My personal opinion is it is all but impossible to make money trading foreign exchange, especially without some sort of structured education. Here are a couple of recommendations to use as learning resources. I still don’t think you will make money, but the few hundred bucks you pay these guys in fees will be peanuts to how much money you will lose trading. Don’t say I didn’t warn you !