Hi, and thanks a lot for your website, the school has help me a great deal, im on kindergarden now :).
I was wondering what would be a good level to start a demo account (kindergarten, elementary, etc), because im accumulating so much info that im afraid ill get loss for not testing it, Any advice would be appreciated.
pd: Thanks again for the online school, it rocks!:61::59: (i searched for this question but couldn’t fin anything)
Hi,
I would sign up to 1 or 2 today, perhaps try mt4 on one and ctrader on the other to see which you prefer.
It will help as you work through pip school
As Mr Eddie says get one or two now.If you use Metatrader 4 you can sign up for them from within the program so no need to go through web pages.Just make sure they say,“Demo”.I have two that I’ve been using.One large £50,000 and one smaller £5,000.
I have used the large one to test out indicators/strategies etc and learn from my mistakes.Then I take that knowledge and apply it to the smaller demo account which I’ve tried to treat as,“Real” money.This has slowly helped me become better.
Your learning and the use of demo should go hand in hand. Demo is a practicing account. It helps you in having a better understanding most especially technical and fundamental analysis. After knowledge then you have to apply it in demo before going into a live account.
Thanks a lot for the replies, would be trying both of then thanks!
Hi, ctrader from Spotware?, i google mt4 but it came up with to many options, can u recommend me one plz, thanks!
Demo account is for giving you exposure to trading in market and secondly you are not going to loose anything, so once you have learned about the market theoretically then you can open Demo account.
Most decent brokers now offer both of these, make sure your broker is regulated in your home country
Demo or not to demo is often a heated discussion. Best I can say is that you should decide when, how, if and why. What was a good learning path for one trader may not work for another trader so try to get your feet wet when you feel you are ready for it.
I would recommend you to spend max 3-5months on demo. After you know what you are looking on the charts and how to trade with some discipline and patience, you can start trading on live account,but with smaller risk to start with.
You are right, ill keep studying, test the demo, and work my way from there, thanks everybody for their advices! 
I just opened a demo account at oanda – don’t really know enough to even demo trade yet – I put a couple trades on and closed them but that is about it. Anyway my question --> I have been using their proprietary platform fxTrade, so what does MT4 give you that you can’t do on a proprietary platform like that one?
On a demo account, you need to have basic knowledge of how to open and close a trade, set tp and sl. I remember when I first installed MT4 I didn’t knew a thing about it. So a friend of mine helped me out with necessary understanding by screen sharing. So you need a person to guide you for the first time in your demo account.
MT4 allows you much more flexibility to try out systems and strategies,
Download Forex Trading Platform MetaTrader 4
and has a massive amount of support and help around and you can open other free demo accounts directly from inside it.There are sites with help for it all over the place and also Youtube videos to help and it comes with it’s own help files etc.
you could create a demo right away from the start of the school of pipsology to practise along the way. that way you get new info to sink in before moving on. don’t wait till you finish the school. start now. it’s only a demo account.
Best time to start a demo account is now. I found myself learning faster with a demo account and making stupid trades. 
Yes, it’s better to start trading with demo account soon because it’s easier to understand how to trade well with trying it directly so it’s not only theory. Beside, there is no risk at all to trade in demo account so it’s better to start it soon. And also, demo account is needed to create suitable system for trading with current style.
Demo account is very helpful in trading and you should keep proper practice in demo account which will help you to improve your trading skills and money management skills so that in real account trading can be done properly.