I am considering investing in foreign exchange trade. Please can anyone who is involved in it or experienced tell me if it is a good investment?

thank you

Tammy

get a training account and do it a bit, find out if you like and can do it, then if you have discipline it may be a good choice

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thanks i will look through and begin from there

Hi,
I feel that FOREX trading is like playing with fire. the incentive of most FOREX companies is to bet against you ... they actually loan you money and encourage you to lose it.
Unless you live for the thrill of gambling - there are much more safe and sound ways to make a decent profit....

FOREX is too far from investing. It's speculating in the clearest form possible. The high liquidity and margin accounts are a big potential source of profit but more often the results are cleared accounts. It takes discipline and a great knowledge of yourself. Practice and money management are also very important. Maybe the most important thing is to risk money you could easily afford to lose.

Yeah, it's definitely a profitable one but only for those who have a good know-how of this business otherwise it can also cost huge losses.

Foreign Exchange or Forex as it usually known is really a good place to make your living, but you got to know what you are doing. Don’t just open an account and start trading because you will lose your money.
Before trading on live account, try to read educational materiel on the subject, learn the technical analysis techniques and fundamental techniques. Find a good broker that has good reputation, even if he gives you a bigger spread that a broker that you know nothing about.

All the best.

Absolutely, 100% no. Forex rates are the consequence of shifts in the supply and demand for the goods, services, and assets denominated in a specific currency. Does that sound easy to forecast?

Anyone can recommend a good broker to start off with?

Ive heard it is but I dont know much about it but im intrested!

In forex trading an individual has the freedom of choosing where, when and what to invest. A free trial forex trading account can be made first where you can practice so you can learn how it really works and know the right skills.
By knowing all the basics about forex trading you sure can make a lot of profit from doing this sort of business no matter where you are located in the world.