Trading Forex is one of the things that can be used to earn a lot of money today. Learning trading forex and mastering all the instruments correctly will make it easier for you to make money. Especially if you master the right techniques and knowledge, it is certain that your financial condition will be better in the future.
Currently, there are many platforms that provide trading forex demo accounts for learning. You can use it for trial and error from the knowledge gained. No need to spend initial capital, please use a demo account to better understand the ins and outs of the trading world
This time Tech Liven will provide some recommendations for the best Trading Forex Demo platform for you. Check out the full review below to find out the platform!
Best Trading Forex Demo Account
There are 3 Best Trading Forex Demo platforms that provide demo accounts as a medium for you to learn. This platform has been tested and has been used by many users from all over the world. Here are the recommendations!
1. Pepperstone – ECN Demo
Pepperstone's educational section called Learn to Trade Forex helps traders get started with some technical concepts, while a section called Trading Guides supports traders with the problems they will face on a daily basis.
The demo account and live account have the same performance and conditions, only the demo account offers 500,000 AUD in virtual funds. The minimum deposit on a live account is 100 AUD, with spreads on EUR/USD as low as 0.1 pips and a commission of 7 USD per lot giving a total trading fee of 7.90 USD per lot.
Pepperstone, headquartered in Melbourne, is internationally recognized for their high-speed trade execution, and offering for beginners that most ECN brokers lack. The free demo account at Pepperstone allows clients to trade 80+ Forex pairs on their preferred MT4, MT5 and cTrader platforms, and 24/7 customer support. Demo account expires after 30 days unless you have a live account
2. IC Markets
Brokers like IC Markets are not easy to find among brokers, as they provide a friendly environment for novice traders looking for an MT4 demo account with ECN conditions. In addition, IC Markets demo accounts do not expire unless you have been inactive for 30 days.
IC Markets offers two Raw Spread Accounts and a Standard Account, all with variable spreads, on the MT4 platform. IC Markets also provides excellent 24/7 technical support for the MT4 platform and more general inquiries.
3.Exness
Exness is a regulated market moving broker offering trading on the MT4 and MT5 platforms. They offer two standard instant execution accounts, and three market execution professional accounts. The demo account at Exness is a great way to prepare you for real trading, and comes with a virtual balance of 10,000 USD.
Trading conditions at Exness are among the best in the industry. All trades are executed on the market without any desk intervention, with one exception, Standard Cent Accounts. Initial spreads range between 0.0 pips and 0.30 pips on EUR/USD, which is much tighter than other brokers, and a reasonable commission of 3.50 USD per lot per side is charged on Raw Spread and Zero Spread accounts.
So that's the recommendation of the best Trading Forex Demo platform from Tech Liven. Please use it to learn about trading forex for free without the need for any capital. Register and learn all the science of trading forex now. Thank you
