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 restrictions for using trading strategies (scalping, trading on news) and electronic advisors
  • Services for investors - PAMM, automated trading, trust management
  • Quick and convenient withdrawal of funds
  • High partner remuneration (up to 32% from spread or up to 1 pip on all instruments)
  • 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

Open FortFS account
  • more than 500 trading instruments
  • spread from 0.3 pips
  • order execution from 0.1 sec
  • support margin bonus
  • CopyTrading
  • investment service S.T.A.R.
  • deposit/withdraw without commission
Open FX Giants account
  • Regulated by the Financial Conduct Authority (FCA)
  • Spreads from 0.0 pips
  • 200+ trading instruments from 6 assets classes
  • Secure & Fast Deposit/Withdrawal Methods
  • Personalised support 24/5
  • Open Account with only $100
  • $35 Welcome Bonus & Deposit Bonuses available
  • Demo Account with up to $1.000.000 virtual money
Open Easy Markets account
  • dealCancellation, undo your losing trades up to 60 minutes
  • Fixed Spreads
  • Free Guaranteed STOP LOSS
  • Negative Balance Protection
  • No Slippage
  • No commissions or sneaky fees
  • Free Trading Signals and SMS alerts
  • Comprehensive education centre, "How to" videos
  • 300+ Markets, A Range of trading instruments

Open STO account
  • FCA & CySEC Regulated, Authorized by CONSOB
  • Over 300 trading Instruments
  • Leverage up to 1:500
  • 7 CFD Asset Classes
  • Great Choice of Account Types
  • Tight Spreads from 0.0 Pips
  • Negative Balance Protection & Same Day Withdrawal
  • Comprehensive Educational Resources
  • Trader’s Rebate Promotion