• Client portal Login

blogs

Everything you need to know about the financial world, the history, the workings and the latest developments made available at one stop

An all-inclusive

Guide to
trading

Commentary

On latest
events

Introduction

To advanced
trading

The Importance of Forex Demo Accounts

When it comes to the trading world, before you start your trading journey, it’s important to learn more about the market and how trading platforms work. It is crucial to learn how to use the features of a forex platform as well. Traders can test out each platform using a demo account, without risking any real money. Whether new to currency trading or already an experienced forex trader, risk-free forex demo accounts are an ideal way to get familiar with the trading market.

As you start trading, each platform provided by brokers may function and look slightly different, while most provide roughly the same features. These features include forex quotes/prices, charts, news feeds, technical analysis tools, trade history, and functionality for buying and selling currencies. Demo trading accounts help to understand these tools better as well as to learn how the market fluctuations can be handled.

Even after a trader decides to go live, demo trading can be a valuable asset. Many successful traders test strategies in a practice account before they try them out with real money. Demo trading does not guarantee profits in a live account, but many traders agree that failure to achieve success in a demo account will almost certainly lead to failure in real. Therefore, experts recommend keeping an active demo account to learn forex as well as to try various trading and risk management strategies.

Risk Warning

 This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a guarantee of or prediction of future performance. Trust Capital TC Ltd does not take into account your personal investment objectives or financial situation. Trust Capital TC Ltd makes no representation and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or other information supplied by an employee of Trust Capital TC Ltd, a third party or otherwise.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.92% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trust Capital TC does not offer Contracts for Difference to residents of certain jurisdictions including the USA, Iran, and North Korea. Please consider our “Risk Disclosure“.

Comments
RECENT POSTS
Chat Support
Funding and withdrawal methods

Head Office

Representative Office

  • Al Abraj Street | Binary by Omniyat
    Office 1410 | Business Bay
    PO Box 113478 | Dubai, UAE
    Phone: +971 45785767

Get the App

Connect With Us On