What is a legit foreign exchange business I can invest into, or get into?

I heard there is money to be made in the Foreign Exchange business field, is there anyone out there that can refer me to some legit business sites? Or have information to share?

Except for a few states, such as West Virginia, there is no regulation of the FOREX spot market in United States. The reason is that money is a commodity. You could go to a coin dealer and buy 1 Euro for $10, $0.80, or $1.33 or any price you could agree upon. You could also do this with a friend or anyone else. Since the FOREX sites are captive sites, you are actually only trading with the FOREX site as a dealer of money. They can use the real spot rates, but if they are losing money on a position, they can simply substitute their own prices. There is no law that says they cannot because they cannot compel you to trade with them. Of course, if you are on margin with them, that could mean they could force a margin call and force you to liquidate at adverse prices. You need to physically go to the United Kingdom or be present in the handful of domestic locations that regulate the practice and engage in your operations within the physical presence of that jurisdiction. Otherwise, while they might be "legit," in the legal sense, they do not need to act in a manner which an independent observer would consider fair. What is money worth, or better what is foreign money worth? The answer is what a willing buyer will bear. If the only willing buyer is the FOREX firm, then you are in a world of hurt.

Only those with very very very large portfolios can trade with money center institutions. It is important to understand that money trades occur where $1 million is the equivalent of to the average person of a penny.

A better bet is to trade foreign short term debt on a regular brokerage firm. Not only do you get the foreign exposure, but you get a little interest on the money.