If you’re interested in getting involved in trading foreign currency, the first thing you need to do is get an education. Luckily there are many sites online that can teach you the basics. Keep in mind that the goal of most people providing free information in this arena is for you to sign up to use their trading software. However, if you can stomach a bit of a hard sales pitch, you’ll find a number of free Forex seminar schedules online that will allow you to interact with some experts in the field.
You may be wondering what a Forex seminar is. Several companies have weekly web based instructional sessions that outline the basics of the foreign exchange currency markets. In these lessons you’ll be able to learn about the importance of developing a consistent trading strategy. You’ll also be able to ask questions with an expert that has worked in the field for many years. That kind of access is rare in financial markets. Again, keep in mind that a big reason people do this for free is because they’re looking to make money off of you once you sign up to use their software.
Some of the best sites to find a Forex seminar are: FXCM’s DailyFX Course and Forex.com Webinars. Forex.com also offers some advanced training sessions for people that feel they’re a little bit beyond the beginner stage in their knowledge. FXCM has a Forex seminar archive, so if you’re a little shy about having live interaction with an expert in the field you’ll be able to watch without the pressure of a dialogue.