What’s With The Sudden Explosion In Forex Trading? | All About Money Online

It seems to me I can’t visit a finance related site without seeing something about forex trading to the point that I see ads for $250 “mini accounts.” It seems to me that trading currencies is exceedingly risky and only for the very sophisticated investor. I trade in options but I moved into that from equity investing. At least in that area I can still look at fundamental corporate performance and detailed economic forecasts to research my options activity. In the world of currencies, however, no such audited, published information exists. While I am sure there are huge amounts of money to be made, it seems as though the average investor has less chance of being successful in the long term with forex than even options trading. Are people just being drawn in to forex like all the late night “Flip this house” infomercials?

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