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Stay away from Forex if you are not a very experienced investor.

Check , cboe.com for tutorial
investopedia.com, for simulator

Some of the advice you have received is ok but I must say you have made the first important step. Ok Now to the point you want to learn forex the best way is to join a investment club. I am in one now and we make an average return of 5.3% per month its not the 300% that some companies promote but it is a great return on a monthly basis. The club I am in you receive a weekly newsletter which explains what was traded and why so this way you could see how trades are done.

Forex trading takes some time to learn as there are charts reports and your own research in economies and markets of other countries as well as the one you are in .

I personally work at the forex market for 15 hours a day on average and when I make trades in the club it is conservative to avoid high risk of loss. Yes you can make more and I encourage people after a year to try a mini account while still a member of the club and see if you are on the right track.

With the club you do not pay any fees all you do is invest with the club and by doing so you start to learn more about how the real world runs as in trades.

The only people who say stay away from forex are the ones who tried to invest in it with out any knowledge or very basic knowledge and with such probably lost all ther money. They will make claims not to trust any one as they do not want you to be able to learn the right way because nthey did not.

Books can give you some insight but every book you read will have a different method to determine how and when to trade so again I say join a investment club if you would like more information write to me at billone44@yahoo.com and I will be more than happy to help you in answering questions you may have
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Actually $300 to $500 is a bit on the low side. There are two reasons for this. First, your account is not large enough to sustain any possible string of losses. Secondly, I always recommend to my clients that they trade with a margin of between 5% and 10% of their account. This would mean that you would only have between $15 and $50 actually invested in a position. What kind of profit do you think you could make with this?

The good news is that there is a solution. Why don’t you open a free demo account with a broker or two to get in some experience and in the mean time we can build up a little more in your investment fund.

Drop me an email and let me share a couple of ideas with you.

Paul

pupp52@yahoo.com

If you cannot afford a $999 course then DO NOT INVEST IN FOREX.

What you mention is true about the minimum capital needed to invest in forex. And I agree there are also scammers out there. So I advice you to conduct a thorough research on this before you put in real money. In the meantime you can open a demo account first. You may experience a continuous flow of losses at first.