Profit Guide to Forex
Forex Profit Systems

Has anyone been to a 'Free Forex Seminar'?

Whats the catch ?
Offered by Digital Look. Whats the catch ?

Public Comments

1. Nope, I did sign up for a free trial on some website.
You invested with play money.
Finally figured out it was like playing a roulette wheel that was on steroids.
The catch is they want you to attend a session and invest real money.
I opted not to attend. Little to fast for me.

2. The catch is that they're ultimately trying to sell you something. Plus your name will be added to a lot of sucker lists.

Foreign Exchange is a huge market and totally legitimate. The big players are experts with far better access to information that an individual will ever have. An experienced individual is at a great disadvantage. A novice is a sheep being fed to wolves. You will lose if you try.

There are a ton of forex scams, and they show up regularly on Yahoo Answers Investing.

3. There are several catches to free seminars. It's the old adage that you don't get "something for nothing."

Free seminars tend to be organised sale pitches for a product or services from the organisers. The aim is to try to catch you at a weak point and get you to sign up for a service or further training on the spot.

If you can get past this (take no cards or cheque books!) then they can provide some useful information however, especially if you are new to trading or have little experience.

However most of the information that you gain can be freely found on the internet, so you might as well save your time and simply have a look at some of the good free resources to be found on the internet.

Type Forex Education or Forex Learning into google and have a look at some of the results that come up as a starting point. It also might be worth investing in a reputable Trading system that you can trade in a small way, as this will probably help to 'cut your teeth' in the markets far better than any free seminar information or overpriced courses that they seminars will try to sell you.

Try looking at something like http://www.forextechnicalchartist.com as a starting point for information on Forex and a selection of recommended trading systems for beginners.

4. Ultimately they will want to sell you something. The question is do you need it.If you are considering going to a forex seminar the answer is you probably need it. Now the second question is what they are offering worth it.That is something different.if it is worth it and you can ultimately make a profit from it then then them giving the free seminar makes sense for both parties.You learn forex and test the waters for free .And they get a potential customer in the room. Some people however will try and hard sell you rubbish.Just do your research before hand. And remember its free so dont stress too much. Better that it is free than spend 3000 on one of them. And believe me there is very little difference between some of them that are free and cost a bomb.

5. They usually include your email in their mail list. But aside from that, there is actually no catch. They offer you valuable information about forex trading.But in the end, it is still up to you to verify what they say.