Hello, again. Thank you for replying.
I have not decided on a broker yet; I am looking around for a good broker that can service US residents. In order to do that effectively, I am trying to gather a better understanding about some of the things that are new to me. Since I have not selected a broker, I also have not selected where to set up a demo account, and I am unable to check some of these things for myself. Although, I suppose, if you have any information regarding demo trading accounts that do not have any KYC requirements, that would also allow me to trade crypto, then I may be able to figure some of these things out on my own. My hope was that someone could help me to save time by allowing me to avoid going that route.
To answer your other questions, I actually want to trade alt coins because the volatility is much greater and the allowable leverage for various alt coins provided by crypto exchanges is slim-to-none. That being said, I really just want the option. I still want to trade FX, but I also want to be able to trade crypto. The spread for crypto actually isn’t that bad, from what I’ve seen, depending on which broker you choose.
Thanks for your help!