1. Demo accounts as tated above are free. This means that you are allowed to tinker with the Forex Trading Industry (which is usually just a simulation) with Virtual Money. They allow you to take a glimpse or try the world of Forex Trading without the burden of actually paying with real money, this also gives you a chance to practice various trading strategies and platforms in so that you will be able to perform better in Trading with Actual people with Real Money (which usually is your money). It also lets you spot trends and patterns which you can use when you’re actually trading.

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