Forex Practice Account or Forex Demo Account is a Forex trading account in which the trader trades in the live market with virtual money. It is ideal for the beginners and for those who wants to try different strategies and analysis before applying them in a real trading account. Some Forex brokers provide absolutely free Forex Demo Account and some offer demo account only to a real account holders.
Most of the Forex experts advise to start trading in a Forex demo account before doing so with your real money. The demo accounts offers complete access to Meta Trader-4 (MT4) platform also. So the traders can get familiar with MT4 trading and its features. One should try advanced charts, indicators and Expert Advisers available in MT4 for free.
So , why not try the 4 Trillion Dollar daily Forex market with a free Forex demo account and take your share of profit out of it by trading in a Forex trading real account later.
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