How to work with demo account?

[madelyn_jem]

I’m going to start trading in the Forex market by using demo-account,I have heard that demo accounts are best suited for the study of the trading terminal.Is any risk involved in forex trading,Please tell me,How can I get started in the Forex market without risking to lose my money?

[richardgt3]

Hi madelyn_jem

There is always going to be risk in forex.
You shouldn't trade with any money unless you can afford to lose it.
There are no guarantees at all.
A demo account is a good way to start to learn and see how you do.
If you're interested message me and I'll give the names of some good brokers to get demo accounts.

Thanks.

[neeraj654]

yes, demo account is the best way for learning forex trading, because demo gives you 1000$ for practicing. for example, etoro demo account give you 1000$ for trading, and currently I am trading with real account on forex by learning from demo account. demo account is great.

[alemcherry]

There is no way you can make money doing speculation without risking money. Forex trading may sound easy way to make money, but it is easier to lose money as well. This is just as safe a way to make money, as gambling, betting etc. Stock market would be slightly more predictable.

Most people start trading, make small profits, get addicted, lose money, in attempt to recover, lose even more money and finally quit after losing way too much. During this time, your job, peace of mind - everything would be affected. Better do some REAL job and stop trying to make easy money.

[Webstudio Pros]

Forex is a high risk business. If you don't have a good background or research on this, I suggest that you don't participate because chances are, you are going to fail.