Can I trade Forex without a broker?

You are all making me laugh now as I have seen many questionable reviews about brokers and I did my best to filter out what I could. I can easily see if someone does not know enough about the laws and mathematics of trading how fast they can blow up their account and start blaming legit brokers.

I think I get the idea now and will do my best to get this going. I opened up the Dukascopy demo and realized I really still know nothing and they only give me 14 days on the demo before it expires so I will just get going on this and see if I can make it happen.

Thanks again everyone for not discouraging me as I really want to try this and will study overtime to try and do it well.

study/practice makes pefect, but nobody is perfect, so why study/practice? eheheh

do not study overtime, do it slowly, as what I have experienced, study first the terms used in forex trading, and then slowly get a demo brokerā€¦

Yes, I was studying slowly and steadily, but when I open their demo account, the 14 day limit I found a little odd, so I guess they are really geared for very experienced traders. I canā€™t even get as far in the demo account to open in CDN, it only lets me open in USD which threw me off as I need to open it in CDN to understand what I am doing at first.

I wouldnā€™t worry too much what currency your demo account is inā€¦ look to the pip count for a measure of your level of understanding of the beast! :smiley:

I hope a lot of pips means Iā€™m making money :smiley:

it the demo account expires, open another demo account. :smiley:
you will always do the starting point hahaha

Yes, I just realized that I can keep opening demo accounts if I mess up and I did mess up big time yesterday so itā€™s good that I can delete it all. No such luck if I go live :smiley:

LOL! This is not a good sign. :smiley: Open another account because the current demo account has expired. Not because you messed up. Keep this account open and keep track of your pip count. This is a true measure of your performanceā€¦ canā€™t wipe clean and start again with a real account! :smiley:

:smiley: I thought to get this moving on the demo I would take the ā€œlets see what this button doesā€ approach :smiley: I ended up purchasing a million USD that I didnā€™t want so it was a good lesson how it all plays out at least. I have the 41 page demo manual now so am at it until it makes sense. I think I understand now that there would be more than one way to easily blow up an account.

LOLā€¦ I opologise unreservedly! Even now prone to pushing the long when I wanted to go short! :smiley:

:d ā€¦

Sounds like good advice!

Weā€™re all learning, the Forex world is so big and wide, you keep learning everyday, taking experience, till now I learn from others problems.

Thereā€™re no chances at all, I donā€™t think it is available to trade Forex without a broker, I think a broker is a MUST.

Yes mate, their website is Wall Street Brokers | Forex Trading | Online Currency Trading try them theyā€™re great.

I will tell you again, try Wall Street Brokers they offer 90days free demo account trading.

Opening a new account each time?? he needs to be live on market not opening accounts every 2 weeks, that is a bad issue to permanently close all the trades im in(specially if im long trading) and open a new account. That s*cks.

yeah, for sure we can delete immediately if we didnā€™t like the flow if we are involve in demo account, but sometimes we might regret especially if our account is doing well, earns well, :D:D
though opening a demo acct is sometimes for fun, shall we say, an experiment

I had to open a second demo as the first time I didnā€™t know what I was doing and it would confuse me to follow everything that was going on. The second one is just fine now and I am not making any mistakes except for the fact that at this very moment my unrealized losses are at 4500 CAD which means my strategy is not working very well at the moment:D

then I guess you should open 3rd account and change your strategy.