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http://www.forexmarkettradingblog.com/1661/forex-demo-account-provides-trading-experience-without-risk/ - Forex Demo Account A Forex demo account is one of the many available tools developed to assist currency traders in honing and perfecting their trading strategies and techniques. By using a Forex demo account, investors are able to trade and test various trading methods without the inherent risks associated with trading the Forex. Being able to trade and gain first hand experience in the business without the threat of losing all of one's investment capitol, makes a Forex demo account a required tool, rather than a matter of personal choice for novice investors. As everybody likely already knows, nothing beats first hand experience and making one's own mistakes as our best teacher in almost everything we do in life. Trading currencies is no different and by gaining that first hand experience with the use of a Forex demo account, an investor will not only gain a tremendous amount of confidence prior to stepping into the live trading environment, he or she will also greatly increase their chances of success. Keep in mind though, that a Forex demo account is not meant to replace good and reputable training or a personal coach. A Forex demo account however, is not just a tool for the novice traders, in fact the more experience you gain, the more benefit you can reap from the use of a Forex demo account. Veteran traders use Forex demo accounts on a daily basis to test new strategies, techniques or ideas. Needless to say, a Forex demo account is a very powerful tool for traders and should be in any serious investor's tool box. For novice traders, making use of a Forex demo account will introduce and familiarize you with the most widely used trading platforms used by the masses to trade the Foreign Exchange, most importantly being the MACD and MetaTrader platforms. Another benefit for the novice trader who uses a Forex demo account is that it's use is not limited to a single currency or currency pair, so the newbie trader will also be able to gain experience trading all the currencies being traded in the market as well as being able to trade in both Gold and Silver. Many people may wonder where they can open a Forex demo account to kick start their journey into the world of currency trading. We always recommend to the novice trader, the best place we know of for the newer members of the Forex community to get their start, Forex Trading Coaches. Wade Scott and Steve Cook, the creators of Forex Trading Coaches, have a great system in place and phenomenal trading strategies that are, what we think, to be the best place to get started in learning currency trading. At Forex Trading Coaches, students learn Wade and Steve's proprietary MACD 3 trading techniques with the use of a Forex demo account, allowing students to learn what they teach without risking any capital. These guys have an unbelievable track record of helping others find success with their trading methods, something for which they have become highly regarded for. For more information on opening a Forex demo account or the Forex Trading Coaches program, visit our Forex Demo Account post page at - http://www.forexmarkettradingblog.com/1661/forex-demo-account-provides-trading-experience-without-risk/. For more Forex or investment related articles, visit our main site at - http://www.forexmarkettradingblog.com/.