Is there a demo stock trading account like the one forex brokers offer?
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This entry was posted on Wednesday, October 1st, 2008 at 8:23 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
October 1st, 2008 at 8:23 am
yes, msn offer a great free one. It’s the best that I have found, there are also some good one if you don’t mind paying, just google it.
October 1st, 2008 at 8:23 am
yes, there are several. You can try Investopedia.com, or from brokers like Optionshouse.com or Thinkorswim.com.
October 1st, 2008 at 8:23 am
Yes, all forex brokers provide a demo account which helps you understand the trading procedures. All forex brokers provide the facility of demo accounts. Through these demo accounts you straight come to know all about forex deposits and trading procedures as well.
October 1st, 2008 at 8:23 am
yes, like many said many brokers offer a way for you to use a “demo” account. Most traders refer to this as paper trading. It gives you the ability to learn about the forex markets without having to use real money.
But it should be stressed that you shouldn’t just even jump into trading even with a demo account without gaining a good solid foundation in learning how to trade forex successfully.
This site offers a great free course in video, teaching you the foundations to forex trading.
October 1st, 2008 at 8:23 am
Check your favorite forex broker and open a Demo Account with them. They all do it so you can have a feeling of the prospective future trading with them.
Some forex brokers:
http://www.interbankfx.com
http://www.fxcm.com
check on google “forex demo account”