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
  • FCA, ASIC, SFC, CONSOB, BaFin, ACP Regulation
  • Stocks, Metals, Oil trading
  • Low spreads 0.2-1
  • Variety of platforms: FXCM Trading Station Desktop/Web/Mobile, FXCM Active Trader, MetaTrader4, NinjaTrader, ZuluTrade

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 FXCC account
  • Real ECN/STP
  • Security of Funds
  • Forex, Spot, Gold & Silver
  • Variety of Platforms
  • No Dealing Desk
  • Easy Funding or Withdraw
Open Forex4you account
  • Copy Trading
  • 100$ welcome bonus
  • 25% deposit bonus
  • Minimum deposit from $1
  • PAMM service
  • Cent accounts

Open Formax account
  • 100% of your trades go to market
  • One-click dealing and ultra-low latency, wherever and whenever
  • Advanced charting and key indicator analysis
  • Tight spreads as low as 0.2 pips
  • Flexible pricing and complete transparency
  • Option to use automated expert advisers to trade for you
  • 24/5 trading and valuable support
  • Free market insights emailed to you