21 September 2007 1656 hrs (SST)
One of them, fx:1 Academy, has seen an enrolment of over 500 students since last July.
But with growing interest in forex, fx:1 Academy says it is poised to expand.
Ezen Ho, another student at fx:1 Academy, said: "Even though I had a finance background, I realised that it is very important to learn practical tips and strategies. So I've been trading for 5 to 6 months now and I've made consistently about 20 to 30 percent returns on my investment."
Patrick Seow, a retail investor, is a student at fx:1 Academy.
He said: "Forex is actually a very fast market compared to stocks and shares, and you can actually profit within minutes in the forex market compared to conventional stocks and shares.
Benjamin Song, fx:1 Academy, said: "We already started a school in Malaysia, and we want to establish also in places like Indonesia, Vietnam, Taiwan, India as well as China
www.channelnewsasia.com/stories/singaporebusinessnews/view/301228/1/.html