
04-19-2008, 03:05 AM
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Newbie
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Join Date: Apr 2008
Location: Florida- USA
Posts: 15
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Quote:
Originally Posted by rhodytrader
Actually, Oanda offers an unlimited demo account (FXGame), so you can practice trading for as long as you like without having to worry about getting cut off.
I'm also a fan of Oanda for small account traders. They don't really have "lots" - mini or micro. Their lot is 1. By that I mean you can trade a single EUR, GBP, AUD, or USD. That gives you enormous flexibility in setting your risk on any given trade.
And because Oanda has no minimum account size, you can actually start live trading with a really tiny account to at least get a feel for what real-money trading is like. I'm sure most of the experienced traders here would agree that paper trading is not the same.
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AGREED 100%!
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