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Forex Demo Account Creation What is Demo account? How to open a demo account? Demo Account You might be interested in trading with Forex. But you do not know how to trade in Forex. You have heard about pips, leverage from many people. Since you have no experience in trade, you are unable understand these concepts. So you are afraid to invest in Forex at first. Because of your ignorance, you might face a loss. But in this modern world, it is possible to perform test trade without investing any money. Through a demo account, you can perform trade using virtual money. You might have loss in demo trade, lose all your balance, but there is no problem. It serves to increase your efficiency and skill. The more you trade, the more you learn. You should not go for real trade before you learn about Forex properly. Otherwise it will increase your chance of making loss. So only when you are satisfied with your demo account trading performance, you can start your real trade. How many days should we trade in demo account? At least we should trade for two months. However, there is no specific time. What are the advantages of demo account? You can learn all the strategies of Forex You can test different trading strategies You can identify the reasons for your loss and rectify them You can test the effectiveness of any new EA or indicator Overall, demo trading will help you to improve your skills in trading. How will you start demo trading? To do demo or real trade, you need a software. This is known as trading terminal in forex. Most of the traders use Meta trader terminal. You also have to download a Meta trader terminal. Click the following link to download Meta trader platform. Download After downloading, open your Meta trader terminal 5. Demo Account Creation (1) So let us open a demo account First, from File, click on Open an account. 5. Demo Account Creation (2) The following window will open. Fill up the required fields. Then click Next 5. Demo Account Creation (3) Then select InstaForex-Demo.com and click Next: 5. Demo Account Creation (4) Demo account has been formed. Now remember your account number and password, and at last click Finish. - See more at: http://fx.dbiztech.com/forex-basic/forex-demo-account-creation/#sthash.1b6QOImR.dpuf