The Wall Street Fraud Watchdog is warning high net worth individuals and investors to be extremely skeptical about what appears to have become a boom in Forex training classes that cost thousands of dollars, especially given how volatile the Foreign Exchange Currency marketplace can be.
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The Wall Street Fraud Watchdog concentrates on investor protection and due diligence, and the group is warning potential investors and those who show an interest in learning to trade the markets not to spend any money at all on a Forex training class, unless they really understand what they are investing in and are aware of the potential outcomes and extreme volatility.
The organization says, “Recently we have been inundated with calls asking for our view as to whether forex training classes are worthwhile, or if their cost of up to $10,000 is justifiable. Our opinion is that a book related to forex investing will be of equal merit. These books typically cost around $20, to $30.”