ForexTime Ltd (www.forextime.com/eu) with registration number HE 310361 and registration address at 35, Lamprou Konstantara, FXTM Tower, 4156, Kato Polemidia, Limassol, Cyprus is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12.

Exinity Capital East Africa Ltd (www.forextime.com) with registration number PVT-ZQU6JE7 and registration address at West End Towers, Waiyaki Way, 6th Floor , P.O. Box 1896-00606, Nairobi, Republic of Kenya is regulated by the Capital Markets Authority of the Republic of Kenya with a Non-Dealing Online Foreign Exchange Broker with license number 135.


Forex Demo App Download


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Exinity UK Limited (www.forextime.com/uk) with registration number 10599136 and registration address at 1 st. Katharine's Way London, England, E1W 1UN, UK is authorised and regulated by the Financial Conduct Authority with license number 777911.

Exinity Limited (www.forextime.com) with registration number C119470 C1/GBL and registration address at 5th Floor, NEX Tower, Rue du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License with license number C113012295, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 50320 and is a licensed Over the Counter Derivative Provider.

Learning how to set up a stop-loss order on a platform is vital for most forex traders. That is the surest way for heavily leveraged traders to prevent large losses when exchange rates suddenly move in the wrong direction.

Forex demo accounts allow you to practice trading currency pairs in a real-time environment using actual market exchange rates. The main deficit with demo account trading is that you are not risking actual money, so your emotional responses may differ from those you experience in a live trading scenario.

I can suggest to try Hotforex, their advantage is multiple account types like raw spread, premium, fixed spread etc. You will be able to compare various transaction costs and maybe find better trading strategy

When it comes to demo you can try literally all existing brokers. If you want any personal recommendations then you can check EagleFX. Im using them for more than 2 years already and theres no issues at all. I`ve already tested then with demo first.

Whichever demo you decide to go for make sure you get unlimited use. There are some brokers out there who will call you and put pressure on you to fund a live account before you are ready and I find that pretty unethical as statistically, you will just lose it very quickly.

You are trading on demo account, which is the best thing to do before jumping into live trading. Even if you are a full time trader, you may still need demo accounts to trade your new strategies. Almost all the brokers provide demo accounts. However, some brokers do not let you use the same demo account more than a month or two. They do expire. Thus, get demo accounts from brokers that let you allow trade as long as you want. You may try CedarFX, Onada, Hugosway, etc.

Hi guys. I've got some really basic questions which, after some quick searching, I haven't found the answer to. Every where it's explained seems to presuppose prior or additional knowledge that I'm missing, so please bare with me as I ask really simple questions, or point me to a really, really, take-nothing-for-granted explanation!


I've learned the basics of risk and money management, analysis, and have a simple system I'd like to test in a demo account.

Now it's time to figure out the mechanics of placing trades and punching in the right numbers.

I'm using IG's Workspace. I've started with 9,059 GBP. Now, let's say that I want to place a trade, on, say, USD/JPY and "Buy" at x10 leverage, with a stop loss of 1% my account (90GBP). Alright, let's figure this out:


Firstly, I see three options:

Deal, Order, Alert.


"Deal" seems to be what I want, for placing a regular trade. Correct me if I'm wrong.


Under the "Deal" tab, I've got three options: Size, Stop, and Limit.

For the yen, Size is given in terms of "contracts," where 1 contract = 1000 yen per point. Okay, so I guess I can buy a 10,000 yen position which is equal to 10 points. Am I correct so far?


Now, is this position leveraged? What leverage am I using, and where is that displayed? Is that leverage factored into this price? Also, how do I know how much I am paying for the contract in GBP? Also, how much is "1 point" on the chart? How can I confirm that I have the right values before placing a trade?


I've watched this video, and it explains none of this: =dtodgGPczxU&list=PLOGjoJXp0cmpVNwvNbeAWnH_nu2RaLv4q&index=2


What am I missing?

I think what is confusing me are statements like "The margin is 5%." This means the margin = the money that I supply, on top of which is the broker's money which is not shown? Or does the value in the "Margin" box include the money the broker is lending me?


Moreover, I've heard reference to leverage being an account setting. Is it possible to set the leverage of my demo account to 1:20 rather than 1:50?

Our spreads start from 0.7pts on major FX pairs like EUR/USD, USD/JPY and AUD/USD. Spreads on GBP/USD start from 0.9pts, and from 1.1pts on EUR/GBP. Margin rates for our most popular forex pairs start from 3.34%, which is the percentage of the total trade value that you need to put forward to open a position. Learn more about margin trading.

Trading on the foreign exchange market can expose a trader to risks. For example, spreads between the buy and sell prices of popular forex pairs are among the tightest, so even small price fluctuations can incur larger-than-expected profits or losses. Learn how to manage risks in trading.

Demo traders can use an impressive range of available instruments, spanning CFDs on forex, indices, commodities, shares, and cryptocurrencies. The offering is above average for the industry and includes CFDs on futures and soft commodities. We checked that clients of Vantage also have access to a great range of educational materials which can assist them in their development as traders, including live webinars.

TMGM offers 20 CFDs on cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Cardano. These are available for trading via both demo and live accounts. Our tests found that spreads at TMGM are better than average, including spreads on cryptocurrencies.

For traders looking to trade live after a demo: TMGM earned an above-average mark in the fees category. Its spreads are low-to-medium compared to the broader industry, with commission-free trading also available.

The demo account contest at OCTA uses the MetaTrader 4 platform and takes place over four weeks. The trader with the highest balance at the end of the round wins the main prize, $500. Second place wins $300, third place $100, fourth place $60, and fifth place $40. To date, there have been 134 contents, and OCTA records detailed stats ranking all participants - including the total number of trades, pips, final equity balance, and percentage gain.

In our tests, OCTA performed well in the category of fees. Live traders can benefit from tight spreads in CFDs on forex and commodities, no swap fees, no inactivity fees, and no deposit or withdrawal fees. 17dc91bb1f

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