The most annoying thing for me talking about Forex is a huge spread of Forex-related scams in recent years. The frauds use any methods to attract victims: TV and radio commercials, finansial newspaper classifieds and perfect-looking web sites, all promising extremely high investment returns with no risk. Scam artists even rent fancy offices(!) to make a solid impression. To survive in this scam minefield the novice should become keenly aware. The rule of thumb is do not believe anybody until you have some good reasons to.

Now, do you believe me? Ok, let’s move on...

How do you see the stock trading? Large rooms with screaming and waving stock brokers usually come in mind. However, this picture from the movies has long been outdated. Markets combined, trade has become largely electronic, an operation now takes a matter of seconds. Millions of bidders are now scattered around the world, but have quick access to the market through the Internet.

That is how the foreign exchange (currency or Forex) market is running. It is the most dynamic and liquid market, working around the clock. Rapid movement of funds, low transaction costs and high liquidity make Forex the one of the most attractive markets for investors.