Google ASIC regulated forex broker and go through each 1 by 1. Make your own decision there. Remember you can have multiple demos running at once to see who you like the best.
I chose Vantage FX but I’m not going to make you choose them too haha.
I would recommend you to do your research and find the broker you are thinking to trade with when you decide to open a live account and just use their demo platform. In most cases their demo will be exact the same with their live platform.
Just a some heads up: Do not stick to long with demo trading, the best way of learning is through a live trading of course with a small micro-mini account.
Thanks for your help. Definitely I want to start with live trading as soon I start making positive trades in my demo account. Apart from Baby Pips school can you please recommend any other source to learn about Forex strategies.
There is no difference for demo trading, especially if you trade on MT4 platform, since if you move to another broker for real account you’ll still be familiar with the concept.
Hi, you can search your potential brokers name on forexpeacearmy.com
Also study 3~5 regulators, for example, NFA, ASIC, FSP, Cysec, etc
Now keep this in mind, gaining profit from demo does not mean you will in live account.
If you are just trying to get familiar to all the lines, charts and patterns then yes, it is alright to use demo account.
If you are looking to gain money, I strongly suggest you open a cent account, invest $10, think of it as schooling fee
There are many Forex broker so before invest money in any broker we should review their performance so that we will be happy for the investment because in Forexc money should be spend wisely.
