Step 1: Training on a Demo Account.
Every person can open Forex demo account and learn how to operate the forex trading terminal and trading strategies for unlimited period of time and absolutely free. Even without having any idea about Forex market you can try yourself as a trader, by opening a Demo Account.
In spite of the fact that all deals on Forex demo accounts appear virtual and are not put on Forex, you have exactly the same conditions as you do on live forex accounts. On a Forex demo account, a trader can conduct deals as if he or she were trading on a real forex account.
No matter how many questions arise, you can try to find the answers working on a demo account, without risks and having the opportunity to open any number of such accounts totally free. More so, you have the
opportunity of reaching 24/5 support department available via ICQ, chat, telephone or e-mail if provided.
Step 2: Trading on the Live Forex Account
Having got the hand in working with Forex terminal and learning the main trading strategies, you can try yourself on the real account, limiting your risks.
Owing to the absence of limits on minimal deal’s volume you can trade according to the principle “risk profit”, when you define the volume of your investments.
Working on a live account lets you understand and learn more in comparison with a DEMO account, no matter how seriously you take the virtual trading. Working with real account, even with minimal funds, you start to feel the connection between your profit and currency movements.