Open demo accounts with few different brokers to compare if you like. It also help you understand how their trading platforms work.

And yes every time you withdraw, they will send it to your bank account. But be careful with the ‘new’ started brokers. you better do some research first before you ever join with them.

Forex is similar to what we call a “zero sum” game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. The net winnings of everyone combined equals zero. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the “bets” in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.

Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: “Go to Forexcrap,com/q2347.” The “q2347″ is a signal to the Forexcrap site that you are being referred to them by “q2347.” If they sell something to you, “q2347″ gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.

I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.

Read the warnings in the links below:

But this is key, practice demo trading first or you risk losing your hard earned money. You can either find that out now or the hard way when you lose it. If someone would have told me that when I first started, I would have been so grateful because I’ve lost my share of money believing in junk. Good luck!

Forex Automoney is decent. It lets you trade on 18 different currency pairs and has 3 different signal strategies to choose from.

The trial is like $5, so you can give it a go, and if you don’t like it, cancel.

They all turned out to be pieces of garbage. I don’t even want to add up what they all cost my in losses and what I paid for them. The best education you can get is on your own.

Visit some forums and other sites and learn about it before you put your hard earned money at risk.

There are good systems out there that actually do what they say they are going to do. I also suggest trying everything out on a demo account first so that you can see what you are getting into.

I tried to learn on the fly and it ended up costing me money and a lot of stress. Always work the kinks out before you go live with the trading. It makes life much easier.

The forex industry is notorious for scams and I feel your pain – I’ve been burnt on several occssions!

I use a “forex robot” called “Forex Autopilot” which is pretty popular. I basically just switch my computer on, open up the program and it finds good signals for me. I only have to verify the trades it suggests!

I found a great review at http://www.fxsystemscompared.com/rev_forex_autopilot.html – they take customer reviews and comments from all around the web so it’s totally unbiased.

Hope this helps?