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The Truth About Forex: Forex Brokers and why you will lose!


Udemy

Summary

Price
£15 inc VAT
Study method
Online
Duration
Self-paced
Qualification
No formal qualification

Overview

This course will show you how Forex Brokers work against you making trading Forex a really bad idea!

Description

So, you wanna trade Forex?Make money and get rich? All that, of course, from the comfort of your home. Wouldn't that be nice? Just imagine! You wake up in the morning, go to the kitchen, make yourself a cup of coffee, sit in front of your screens and stare at the EURUSD chart trying to get a "feel" for which way the market is heading. You do not have to worry about being late to the office and commuting in that horrendous traffic, changing trains, planes, bicycles and god knows what else just to get to work on time and as cheaply as possible. Thats for losers! You are different...you are a Trader! Equipped with 500 bucks, an MT4 platform, couple of free Forex news sites and the Will to conquer the World, you are well on your way to......NOWHERE!

This course is not for everyone! This course is for people who want to know how Forex Brokers work against their client's best interests. The course will reveal how Forex Brokers operate and expose the different ways in which that can harm you. While I will not get into the very basics of explaining what is a pip and what is a currency pair, most of the content is critical for Forex Traders and applicable to newbies and experts alike.

- Learn why there are so many Brokers out there and why they are all the same.

- Learn what Forex Brokers do, to make you lose money even if you have a profitable strategy

- Learn all the tricks Forex Brokers will employ to get your deposit and make sure you lose it

- Understand why it is unlikely that you will be able to trade for a living

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.