What is a Forex Demo Account?

Forex Demo Account

A Forex Demo account is basically a trading account that allows you to trade like normal but with “Play Money”

It is a great way to try out your Expert Advisors or trading strategies before you put in your own hard earned cash. All Forex Brokers See here for the main Forex Companies that all offer free demo accounts just for signing up with them (which of course is also free)

When you install your MetaTrader software that you downloaded from your broker, simply click on “Open Account” where you will have the options for your new Demo Account setup.

The Demo account works just like a real account however it may not include any spreads or may have slightly faster trade executions but it is still a lot better than risking your own money while you learn.