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what education is required to become a forex broker??

do they make alot of money? about how much?

Public Response to what education is required to become a forex broker??

  1. not a lot of education is required because forex brokers really are just networking representatives and make their business from gathering assets, not from their skills from an educational institution. I understand as a forex broker you can trade for others once you reach a level of experience, but i still feel the success comes from managing volume, not performance. There isn't a lot of regulation in this industry, which makes the risks a lot higher for everyone involved. And i haven't met anyone who has done well brokering for others who I would consider a "professional".
  2. I think a criminal background is probably helpful. Oh yes and a nice web design is essential.
  3. Here is an easy way to start trading forex using ETF's: http://top10traders.com/ViewPost.aspx?postID=753 You can play around with these currency ETFs, risk-free, by creating a "practice" portfolio at http://www.top10traders.com - it's free - each month the site ranks the best performing investors.
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