Usually, these accounts are offered on a trial basis with an amount of virtual money that you can risk. It is recommended that you use a demo account until you have the skills and confidence to then trade with real money in a real account. ![]() The demo account allows you to learn about the mechanics of Forex trading and test your trading skills and processes with ZERO risk. You can open a demo account for free with most Forex brokers because it is the best way to learn the ins and outs of their trading platform, and have a good time trading without risk, so you’ll fall in love with them and deposit real money. Best Discount Forex Brokers ( Reviewed )Īccording to research in South Africa, what are the best Forex Trading Demo Accounts, and why are they such an important offering? A demo account is a “pretend” account that still has most of the capabilities of a “real” account.
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