In an effort to help our customers trade more effectively, we have started to gather resources from some of the leading experts in the forex market and regulatory bodies in the forex industry.
We encourage you to use these resources to help gain knowledge of the forex market. Check back often as the content in this area is always expanding and changing.
NFA launches forex online learning program
February 14, Chicago - National Futures Association (NFA) announced today that it has developed an online learning program for individuals who want to learn about the retail off-exchange foreign currency (forex) markets. Individuals can access the program through the Investor Learning Center section of NFA's Web site.
The interactive, self-directed program consists of six modules explaining how retail forex contracts are traded, the risks inherent in forex trading and steps individuals should take before opening a forex account. The program also contains a series of quizzes to help reinforce basic concepts.
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetitie. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
