Talk about account types, I tell you, now I am trading with FreshForex, they offer me 3 types of account, there are classic, market pro and ECN. there are any benefits between account type. ECN will give you spread as low as 0 pips, if you open classic type, you can trade start from $1. Try it!!
Demo accounts are available for Forex Trading, which is a very good business. This is a great facility for all traders. By practicing in a demo account, we will get experience, and we will know our mistakes. We will not make the same mistake in the real account.
Yes, I believe that demo accounts are really important when it comes to trading and understanding how to use a trading platform. You can practice as many strategies as you want without worrying about losing your money. When you are sure that your strategy is worth using in the live market, use a small amount and increase it gradually.
Demo trading is the first step of trading. A trader must never risk their money in the live market before any prior demo trading experience, because this can lead to losing money that you can save by trading on a demo account.
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