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{ 18 comments… read them below or add one }

Dustin May 5, 2010 at 4:02 pm

Well I totally admired this idea!!! We sometimes wonder giving a chance to play around on the real account which leads to bad consequences. I was always advised my senior who working with me when I was a technical analyst for one of a reputed broking company. He says ‘never role dice when and unless its yours’. He insist me not to play with even our own real account, I have been practicing the same since ever he said. Working on demo gives you hell of confident on making the real trade. In forex, as written on this article backtesting process even need more time. I would suggest it ifs more than an year practice. Thanks for this site. I would also recommend you to practice on stock market brokering, its real things as we flow high on forex, stock market is being on the top notch business, frpm white collars to normal man can do this.

Thanks for your time & efforts.



Bratz May 18, 2010 at 3:54 am

I really want to try this Forex Trading business. Very lucrative and really gives high opportunity if done right. I am still on the phase of studying it and making my self familiar with the core system of Forex.


Shaun June 16, 2010 at 12:05 am

Yes you definatley need to open up a practice trading account beforehand. Hopefully a paper trading account that is already with the same broker that you will be using with real money so that you can get a feel for their software as well.

Paper trading accounts have saved me a lot of money in the past. And they have taught me a lot of lessons that have improved my trading systems.


pozycjonowanie poznan June 25, 2010 at 5:34 pm

Is Forex Trading Business risk?


Opportunities Planet June 26, 2010 at 6:49 pm

Of course forex trading is a risky business and this is the reason why you should practise with a demo account and test your trading system first and then start trading with real money.


Virginia July 15, 2010 at 12:28 pm

Yes, I have now my account in the Forex industry! But I wonder if Forex Trading still very successful in in the market? But I believe in your ideas. Hope I could read more post like this so that I will be guided on what to to regarding Forex industry. Thank you for your very good Idea. I expect more of it..


oprawy oswietleniowe August 16, 2010 at 11:43 am

Forex is a risky industry, but if you are good at it, it’s worth it. I am in it for almost 3 years now. Beginning was really hard, but now I am really addicted to it. I recommend it to everyone.


yoga mississauga August 20, 2010 at 7:04 pm

Forex gives more liquidity than any other trading options.


Bit Doze September 17, 2010 at 10:24 am

You are wright practice is very important, I had an account in the past at a Forex trading company and lost all my money.


odziez ciazowa September 24, 2010 at 2:32 pm

Fantastic tip. I don’t know how I came across your site but it was worth to read that. Thanks!


Compare payday loans October 20, 2010 at 12:25 pm

Very interesting post.Lucrative .I really want to try this forex trading.


green building November 2, 2010 at 5:56 am

One most important benefit of having a Forex Demo Account is that it shows conditions of the real market. You should always keep a check on your finances and make wise decisions while doing Forex trading.


HGH December 13, 2010 at 12:34 pm

Did anyone tried forex mini accounts? I’d prefer trying forex mini over forex demo since you get profit and loss in real time. You can actually learn it SERIOUSLY!!


Claire January 28, 2011 at 1:00 pm

when you become a customer of the Forex industry, you are very discriminating and selective about what products and services you choose to purchase. Take your trading education seriously. Take your time and develop a long term plan for success and you will be able to enjoy the exciting benefits that the Forex market has to offer.


Ermelinda Hoch January 30, 2011 at 9:03 pm

Oh my goodness! a tremendous article dude. Thank you Nonetheless I am experiencing challenge with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting an identical rss problem? Anyone who is aware of kindly respond. Thnkx


Muhmmad August 21, 2011 at 2:40 pm

Great post!
Forex demo accounts in my opinion are very important, especially for forex beginners that has no experience in foreign trade market. It is very important to learn Forex, and of course to practice with Forex demo accounts . This way you can study the field and to practice trading without losing money – and then when you real trade at forex market you can enjoy from earnings. good luck!
Muhmmad recently posted..UK Currency OutlookMy Profile


Louie@LogUrTrades January 31, 2012 at 8:34 am

Don’t get me wrong demo accounts are great but I think the best way to learn trading is through mini and micro accounts. You get real time experience with the live markets, no better way to learn in my book.
Louie@LogUrTrades recently posted..Hello world!My Profile


Serwery Poznan August 6, 2012 at 12:49 pm

It’s really nice blog – I will obviously tell about it to my friend! Forex market is a good solution.


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