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16
May

What Is A Demo Account?

Posted by Susan Mitchell (0) Comment

The Benefits and Drawbacks of Using A Demo Account

A demo account is a virtual account that comes with play money that you can make virtual trades with. Demo accounts are free of charge and they are supposed to represent actual market conditions. Some brokers limit the demo account to 30 days of use. A good broker allows unlimited use of a demo account.

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Category : Forex Currency Trading | Blog
21
Oct

Which Is The Best Forex Currency Trading System ?

Posted by Susan Mitchell (1) Comment

A forex trading system is essential when trading currency as they help prevent rash decision-making leading to heavy losses. As human beings, emotions can get in the way and many investors have indeed made huge losses due to making “gut-feeling” decisions. In fact, only about 5% of traders consistently make profit. And this is mainly due to using  wrong information and ignoring “price behaviour”.

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Category : Forex Currency Trading | Blog