What is an online Forex trading system?  Many people get confused when they hear the term online Forex trading system, as it's not a program that you can download and suddenly you're "forexing".  An online Forex trading system is simply a website or brokerage that allows you to trade online.

There are many websites that offer online Forex trading.  Before you go deposit $1,000 to invest in Forex through one of them you need to keep the following in mind:

1) Commission rates.  Make sure that they offer competitive commission rates on the trades that you make.  There are some websites that don't charge a commission rate at all, but often that comes at the expense of service and overall program quality.

If you've found a website that is offering low commission rates and seems to be pretty reputable, do some searching around to see if you can find any complaints or open cases against them. 

2) Software availability.  A good Forex broker will offer their software to anyone and everyone that is interested in trading through them.  If their software is out of date, full of bugs, or only available for a select few operating systems you may want to consider moving on to a different broker.

If you've been reading around a bit on Forex, you may have also heard about:

3) Customer support.  If you're dealing with lots of money there's no reason that your broker won't be available to assist you with any concerns that you might have.  After all, you're using their online Forex trading system and could possibly have thousands of dollars invested.

4) Availability.  If your broker is not available at every moment that the market is active you may want to do business with one that is.  This just makes sense from a traders point of view.

Don't be afraid to look your online Forex broker up in the event that you think you are being scammed.  It's your money to make as well as protect.  Good luck!