What is a Forex Demo Account ?
It is an account that can be opened on almost every type of trading platform and helps traders get a feel of the real market without having to invest their hard-earned money. Different brokers offer varying choices of demo accounts. Some develop their own proprietary trade set-up, some use white-labelled platforms that are customised and some buy licenses for robust platforms like MT4 and MT5.
In a demo account, traders can practice using the online platform in a simulated live trading environment (with real live quotes), without the need to deposit their own capital. Some brokers offer virtual currency and the latest insights from expert traders.
Such an account offers multiple benefits. Click on the banner below to get started.