Open demo account on forex
A demo account is a training simulator that will help to work out trading skills in the Forex market, and carry out technical and fundamental analysis. Moreover, it is suitable for those traders who never traded in Metatrader 5 or cTrader and wishes to master the functionality of trading platforms without no risk to lose money.
After registration of a demo account on Forex, you will get virtual currency to make transactions in the foreign exchange market. The same instruments as those on a real account are available for trading: currency pairs, buying and selling metals, share CFDs, and stock indices. The only difference of a demo account from a real one is that profits and losses are virtual. Trading errors / mistakes on demo account do not result in loss of real money.
A demo account for Forex trading provide the traders with technical analysis tools, as well as with the news feed. You can use a demo account to test your first trading strategy.
If on a demo account is depleted and you still do not see the use of opening a real account, just open a new demo account. You will need other email address to that end.
One can trade on a demo account not only from Windows or MacOS computer. Metatrader 5 and cTrader developers issued applications for iOS and Android devices with similar features. That is why it is possible to make transactions and learn to trade on Forex in any place with Internet available.
ADVANTAGES OF DEMO ACCOUNT TRADING: