What if you do not own your own home and need to get funds together so that you can buy your own home?
Opening an account with the understanding you are going to make enough to buy your own home isn't a good way to make money. Investing should never be done with money you cannot afford to lose. If you cannot afford a home right now, then you probably shouldn't count on Forex to do it for you. There simply isn't any guarantee a person is going to make a profit.
Think about this for a moment.... If suddenly today you lost your current primary stream of income how long would you be able to survive financially before it had a significant impact on your life if it could not be quickly replaced? 1 day? 1 week? 1 month? 6 months?
Now think for a moment about the fact that you are intending to open a live trading account with enough funds to be able to start trading at a reasonable level to make a small profit each month. Let's say that you've managed to save up $2500.00 for your opening deposit into your live account. And now think about the fact that there is an extremely high probability that you are going to lose your investment capital.
Let's say that you make $15.00 USD per hour and you work 40 hours a week.
40 hours X $15.00 USD = $600.00 USD before taxes.
In 4 weeks you would make $2400.00 USD before taxes
After you've made your rent payment, insurance payments, food to eat, internet, other utilities, how much money do you have left over? I'm guessing that the answer is going to be something similar to 'not much left'.
Can you honestly say that suddenly losing your initial investment capital is not going to have an impact on your life?
Investing should NEVER be done with money you cannot afford to lose.
In my opinion, it would be best to simply start small and invest over time slowing, and use strong risk management.
2% gain per month is a solid safe return on your investment.
If it looks too good to be true, it's probably a scam! Let the buyer beware.