Free demo account

Hi i am just a new member and i am eager to learn about forex.Someone told me that i can also learn forex through demo account the question is is there any free demo that i can avail/use?

First, find suitable broker for you, open demo account (just follow instructions), then donwolad trading software (metatrader, Zulutrade). then register and start to trade on your demo account. The quality of services of a broker is part and parcel of achieving success in forex. Thankfully I found perfect broker for me with excellent trading conditions.

Most brokers offer a demo account. Just google it mate. Other important thing is learn Fx basics from Babypips

Yes you can learn forex by reading ebooks and practicing with a demo account. All brokers offer demo accounts and gives you free MT4 platform where you can login with your demo account. Any broker that offers live account also offers a demo account for practice. However, before you go further, I would like you to understand the advantages of forex trading, this post may be very helpful: Why you should Start Trading Forex today.

I agree about zulutrade - users (followers and traders) can open demo accounts to actually trade and follow each other. However, keep in mind a trader with a live account that is trading his own money is much more trustworthy :wink:

Hi!Sorry but I am also a newbie.What is Zulutrade?Is it an EA or trading platform?
And one thing more,is it advisible to use an EA for newbies like me.Anyway,I am really enjoying and learning a lot here at babypips.

Hey there!
Thanks for the article - quite helpful!
Thank GOD demo actually exists! Dunno what I would do without it. Forex is kinda tricky, I’m still too scared to try the real thing out! Wanna be confident in demo first.
I’m also just starting an I gotta say - it’s FASCINATING!

Though… I still can’t really believe it’s possible to get a big profit in forex. Has anyone actually won A LOT? if it’s ok to ask, of course.
btw, a few more articles like that would be awesome! Thanks in advance! =)

Hello there,
it is a trading plaform that you get to copy the traders of professional traders.
Check out the video:What Is ZuluTrade? - YouTube
and then open a demo account with it. It’s for free.

On Zulu, it is a copy trading platform with a slew of metrics by which the traders are ranked. Similarly there are other copy trading websites, doing the same thing. And of late, a few brokerages have started integrating the copy trading app onto their website, so it looks like everyone’s getting into it. Just google copy trading.
And on EA, it is not advisable for newbies or even advanced traders…would suggest that you demo and learn to trade manually rather than depend on a piece of code.

Hi i am just a newbie like you and a new member here im glad i have somebody with the same feelings about forex.But still i will do everything to fully understand the world of forex.

Hello everyone i’m new at forex and i’m willing to learn more about this.I hope demo account can help me through this.

Of course there are many copy-trading services out there, however, we need to concentrate on which ones are the most profitable ones. And the answer here is only one - zulutrade! there is a reason why it is so popular and this is profitability :slight_smile: