The rise of retail foreign exchange

[Rambo35]

While forex used to be the domain of large financial institutions and super-wealthy individuals, people can now get involved with as little as a few hundred dollars in capital. Investing in forex used to be the exclusive preserve of an elite group of hedge funds, investment banks and multinational corporations. Forex trading became approachable all around the world for everyone who wants to trade.

 

[Fxpipper]

Of course, retail forex is a great big plus, as long as the trader does the ground work that is expected of him. Traders, have gone on from being green to earning the big bucks and it all comes down to trading strategy, discipline, etc.

And one way to start would be to research the brokers, find out what is on offer, check out the reviews etc. Currently I use three brokers from tradersway to fxcm and you can bet your last dollar that I researched the lot before moving on to trading on these three.

For all newbies, head over to babypips school, demo for a short while and move on to small live accounts..good luck.