A mere four years ago people would stare blankly at anyone walking on the streets of Kuala Lumpur asking them about Forex trading. Only the most investment-savvy people would be able comprehend what you’re saying, check my site.
Flash forward to 2009 and it was obvious that the majority of people know some forex trading. City dwellers, it is at most. Thanks to the internet, all of this has been possible. This has allowed currency markets to be more easily accessible online than ever before. This phenomenon has an impact on everyone and isn’t limited to certain countries. Foreign exchange trading is popular among people living in China, Russia, and Africa via the internet.
Each year forex brokers compete for the same piece, with increasing attention to this market. This has caused fierce competition that has seen the number of Forex brokers wanting to open an account online. For only twenty dollars, you can open a forex trading accounts through major forex brokers. Twenty American dollar equals 68 Malaysian rupees. You can’t buy 2 steak meals with 68 Ringgit. It is possible to purchase Forex accounts starting at a mere few dollars.
It is possible to trade forex online for as little as $1 per day if you have a computer, some money and internet access. Scammers will always be present wherever business activity is available that presents great opportunity. The scammers never let anyone down and always look out for the opportunity to exploit the weak, unfortunate, or the inept. It seems that everyone has the same question. Do you want to take part in a 3-day training course on how to earn $1000 USD daily trading currencies?
These people choose the hotels that they are able to present their pitch at. I can confirm that at least 30% of those who attended these “seminars” didn’t have any idea what they were discussing. They simply wanted to sell products that were undoubtedly repackaged, repackaged, and more. It was disappointing to find that many of these salespeople did not address forex trading. Instead, these were just sales people who created wealth by avoiding the topic of Forex trading. There are three options for advertising the courses: online, newspaper or word-of–mouth. How much can you expect to pay? What is the cost of a 3 month course? It can be as high as $6000 Ringgit