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 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
  • 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
  • Practice Trading Forex Risk Free
  • Demo account features:
  • 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
  • Stocks, Metals, Oil trading
  • 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 AvaTrade account
  • forex, cryptocurrencies, stocks, commodities, indices + 250 more
  • Desktop/mobile/web MetaTrader4, AvaTradeGO
  • A range of automated trading platforms and EA
  • Spread from 1.9 pips (fixed) and 0.7 (floating)
  • Segregated accounts for increased security
  • Regulated in Europe, Australia, Japan, British Virgin Islands and South Africa
  • Trading websites in more than 20 languages
Open AvaTrade account
  • High reliability of the broker being part of Alfa Group financial holding
  • Lowest spreads and high liquidity on the RUR currency pairs
  • Professional bank quotations
  • Depositing and withdrawals with 0 commission via Alfa Click
  • Popular MT4 and MT5 platforms desktops and mobile
  • 160 + trading instruments: forex, metals, CMD, Euro bonds, commodity indices
  • CySEC license CIF025/04
 

 
 
 

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