Forex Account - Open Trading or Demo Account

Before opening a forex account you should decide what account type you need. It can be a demo account, a mini forex account or a standard account. Demo and real accounts are exactly the same in every respect except one - there is no capital at risk when trading on the demo forex account. Currency rates available in the demo forex system are exactly the same as those in the

Forex brokers do every effort to make sure that demo users get the full and complete picture of what will be available to them when they open a live forex account. A standard account will suit those who already have some skills and experience in trading real money and feel confident on the forex market. Mini forex accounts are a great opportunity to take a crack at this business as the contracts sizes are smaller. We usually recommend starting with forexdemo accounts to understand all advantages and disadvantages any given forex broker has. After you receive some forex trading practice and experience with a forex demo account, you can choose between mini and standard forex accounts.

One more option to choose is to open a forex managed account. The major difference between the above listed types of accounts and the managed one is that an experienced manager trades your money on your behalf and is paid for this. This might be really helpful for the beginners who may be lost or confused by the vast choice of forex trading accounts, brokers, or simply do not have enough time to trade themselves. There still may be risk to bump into a scammer. That is why we strongly recommend checking forex managed accounts reviews before making a decision. Your first steps will be choosing a forex broker, trading conditions, and account size. Opening a forex trading account is like opening a bank account. You need to provide your forex broker with personal information in order to identify yourself. Very often this information is required by regulators. You'll also have to sign the risk disclosure. It reminds you that forex trading is risky and requires a thoughtful approach.



Open FXTM account
  • Regulated Broker
  • Advanced risk management and strict segregation of funds
  • Flexible Leverage
  • Tight spreads starting from 0 pips
  • 120+ trading instrumentss
  • Large variety of tailor-made account types
  • Full feature trading platforms for desktop/mobile devices
  • Various secure and trusted payment methods
  • No Dealing Desk Execution
  • S.T.P. direct to the Market
  • From 0 pips spread
  • Level II Pricing with full market depth
  • No requotes
  • Partial fills
  • Market Execution of Orders
  • cAlgo for automated trading
  • CySEC, FCA, FSB, DFSA, SCB regulation
  • Practice Trading Forex Risk Free
  • Demo account features
  • Variety of trading platforms
  • Live buy & sell prices
  • $50,000 of virtual money
  • Trade online, 24-hours a day, 5 days a week
  • FCA, ASIC, SFC, CONSOB, BaFin, ACP Regulation
  • Indices, Commodities, Treasury, Forex
  • Low spreads 0.2-1

Open Easy Markets account
  • dealCancellation, up to 60 minutes
  • Fixed Spreads, No Slippage
  • Free Guaranteed STOP LOSS, Negative Balance Protection
  • No commissions or sneaky fees
  • Free Trading Signals and SMS alerts
Open Forex4you account
  • CySEC, FSC, FSB, FCA, BaFin regulation
  • zero spreads
  • PAMM System
  • 1000:1 leverage
  • variety of trading tools
  • lightning fast execution
  • innovative forex systems solutions
  • interbank spreads and liquidity
Open HYCM account
  • CySEC, FCA, MiFID, DFSA, SFC regulation
  • Commodities, Stocks, Indexes, Cryptocurrencies
  • low spreads 0.2-2.8
  • complete product offering
  • expert advisors, automated trading
  • trading courses, software tutorials, trading books
  • trading all markets

Open GMOTrading account
  • Minimum deposit is $250
  • forex, cryptocurrencies, stocks, commodities, indices + 250 more
  • Segregated accounts for increased security
  • Desktop/mobile/web MetaTrader4
  • lightning fast execution
  • low spreads
  • No commissions or sneaky fees
Open Fibo account
  • Minimum deposit is 300$
  • Leverage up to 1:400
  • Low fixed and floating spreads from 0 pip
  • Guaranteed execution of StopLoss and TakeProfit at stated price.
  • Protection from negative balance of trading account
  • Trading platfroms: MetaTrader 4, MetaTrader 5, cTrader
Open EverFX account
  • CySEC and CIMA Regulation
  • Tight Spreads
  • Segregated Accounts
  • Fast Execution
  • Daily Analysis from Autochartis
  • Mobile+Web platforms
  • Free education packages for all accounts
  • Trading Shares, Indices, Metals, Cryptos

 
 

 

Top 10 Forex Brokers 2019

# Broker Review
1easyMarketseasyMarkets92%
2FXTMFXTM88%
3HYCMHYCM87%
4FxProFxPro85%
5FIBO GroupFIBO Group84%
6OctaFXOctaFX83%
7HotForexHotForex82%
8FXCMFXCM79%
9XMXM73%
10FP MarketsFP Markets70%

Top Forex Trading Platforms


Top Forex Brokers Reviews

SFX Markets

Currently big issues with SFX as unable to withdraw...


CapitalXP

CapitalXP leverage is way bigger that half of the platforms which you can find. You are not obligated to invest a large sum of money to get profit. The more you invest the more you make. Eventually you will find out that if you want to eat big you...


Cryptocurrencies are available on MT4 FIXED & MT4 NDD at FIBO GROUP!
Cryptocurrencies are available on MT4 FIXED & MT4 NDD at FIBO GROUP!

Trading with cryptocurrencies is available with the following types of accounts: MT4 Fixed, MT4 NDD. Apart from trading, you may also invest in CFD for cryptocurrencies using the service of managed accounts PAMM which allows having a higher income both for investors and managers. Choosing such an effective and modern type of financial instrument as cryptocurrency, you get a new prospect of earning on the skyrocketing financial asset. Trading rules may be found on the "Contract Specifications" page for MT4 NDD and MT4 Fixed types of accounts.

HQBroker

Performing satisfactorily without any lags, this platform pleases diverse trading tools and acceptable trading terms! Their expert is exceptional. I also like their reliable channel with the most relevant and latest news. Actually, they offer a wide...


FBS

FBS literally move my pending order with about 15 pips while I was trading fundamental. They claim to be a true and fair broker while they are scamming us. It happened once so I thought it was a technical glitch so I decided to record all my trades,...


LiteForex

Especially useful for me are statistic and educational articles from this broker. I've followed advices which i can find in articles and predictions it helps me make my trading more profitable. Broker's trading strategies which o got from iOS app...


  


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