Not the best advice for the majority of people on this forum.

Returns from day trading forex highly correlated with the level of risk you are prepared to take, so unless you have capital you can afford to lose, stay away.  Especially true for forex CFDs where there is significant leverage.

If you do want to trade FX, there are many better brokers here in the UK that are regulated by the FCA. Your losses still won't be protected but if you have issues with customer service, withdrawing funds, unfair pricing etc. you have an escalation route that's a lot easier than via regulators in Cyprus, Malta, Gibralter or wherever the broker is licensed.

I would also recommend to start any kind of trading account as it can bring actual money. I'm using https://www.trustpilot.com/review/instaforex.com this platform and can answer any questions related if they appear.

If anyone's thinking of starting their own business but isn't sure where to begin, you may be interested in this hour long session being run by The Forward Trust on 25th June 2020.

You can register online here.

Hope this is useful.

Debs

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