Demo Account Trading

August 13, 2019

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My picture - Bt Stew

by Bt Stew

Use a demo account before live trading

People that are new to forex trading should not just dive in without practicing forex on a demo account. A forex demo account will help beginners learn things the easy way, instead of losing money and learning the hard way!

This way, the various aspects of forex trading can be understood at a quicker pace. Forex trading is not just about buying and selling commodities, there are different types of trading and styles. People that are new are able to use a demo account to practice and decide which style suits them best.

Trade using a demo account

Aspects of trading

Forex beginners should understand the different aspects related to trading. In order to do that, one of the first steps that they should be taken is to start trading using a forex demo account.

The trading platform at each forex broker will differ slightly, so it's best to practice on any new demo account. It's basically the same with each broker but we offer a special group price. The commission charge is a little smaller, every bit counts!

Demo account tools

All demo accounts look just like your actual trading account. All the tools are there for you to use and to setup your platform as you see fit. It is really up to you as to how you want your screen to look. You can google MT4 setup to get ideas.

In conclusion

The absolute best thing you can do as a beginner is open and use a forex demo account. The biggest advantage is practicing your style without the risk. Most places will offer a free demo account if you ask. Below are a few links of brokers that offer demo accounts with no initial deposits.

Tradersway – Accepts Canada & Other Countries. No USA

FXPro – No USA or Canada

Coinnex – Most Countries

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