You can apply your knowledge in a real-life environment without risking your money. Demo accounts are used for:
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We recommend that you open a demo account prior to trading the live markets.
It is up to you what to choose: Fundamental Analysis, Technical Analysis, Elliot Wave theory, Candlesticks, Tomas Demark Theory, Chaos Theory or any other. Whatever you choose try to get as much experience as possible and never stop studying.
As with all trading, timing is critical. Sometimes it is not enough to know which trend prevails in the market. You need to learn how to determine the moment when it is more profitable to open/close a position because the difference in a few minutes can mean the difference between being a winner or a loser.
Follow your rules of risk management and know exactly how much you are ready to commit to the trade. If you do apply risk management rules correctly this could help you to increase your profit and at the same time to limit your losses.
Try to make rational not emotional decisions. If you follow your emotions you are more inclined to make wrong and therefore unprofitable decisions. Make your trading plans before you open positions. Decide on your objectives, entry and exit points.
Start trading on the live account with a strategy that you've proven to yourself. Analyse your good trades and your bad ones. You can continue to develop your trading skills by testing your trading strategies on your demo account.
If you are considering opening a live account, we will be happy to help you with this. On the “Open a Live Account” webpage you will find a complete, step by step guide of the account opening procedure.
It is very important for us to know that all our customers are happy with our services.
The following should be read carefully, as it describes some of the main risks in dealing in the Forex and CFD markets.
It is important that you should not engage in trading unless you understand the nature of the transaction you are entering into and, the true extent of the exposure to the risk of loss. These products may not be suitable for all investors; therefore if you do not fully understand the risks involved, you must seek independent advice.
This notice cannot and does not disclose or explain all of the risks and other significant aspects involved in dealing in such products, but you should particularly note the following:
* under normal market conditions
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