Business Opportunities - Foreign Currency Trading
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Foreign exchange currency trading is a lucrative business. Many large corporate as well as small entrepreneurs have used forex trading as business to get rich. Forex trading is smitten with risks of all kinds and if you get on the wrong foot, you could end up losing all you earned and more. You need to get good training in forex training and might even require constant guidance to keep you afloat.
These programs may teach you something but these courses are highly overpriced for what they offer. Most of them are popularly advertised on the Internet and give out nothing but fluff and get you stuck in a vicious cycle of buying training material. Each program costs thousands of dollars and much of what it has to ell is pure fluff. One such company is 4X Made Easy. This company offers software, newsletters, and training courses for foreign exchange traders. The software is sold at a hefty $3,000. The company claims that the software is easy to use and helpful.
In case a user is unable to operate it 4X Made Easy offers them a training to get them started. This training again costs a few hundred dollars per month. The software they sell is not easy to use and therefore most people who have spent money buying it are ready to shell out a few hundred bucks to start using it.
A Class Action suit was filed against 4X Made Easy because of their software and courses. There are thousands of plaintiffs in this case ranging from companies to individuals. 4X Made Easy is charged with deliberately misrepresenting the ease of the software. They sell the software as being easy to use but most people who purchased the software were forced to go through training for it.
Several companies offer training programs in foreign exchange trading. Each company claims that their program is better than the other’s is. Yet no one lives up to customer expectation. In Forex trading, you must know what you are doing and therefore the training you get must be reliable yet cost-effective.
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