If you're new to Forex trading you may want to choose a test account first. Well, this makes a lot of sense and is a must in my opinion. The reason is that you're not very experienced and not ready to trade for real money. Even if you read a lot about Forex, know all the trading signals and can make a good technical analysis chances are that you wont succeed. And you may just go broke! It's all possible because forex is a risky game with a high variance. Even good traders can lose money. Even good traders make mistakes that can be very costly. So you better be careful when you trade with Forex and you definitely should choose a forex test account first.
With a forex test account you get some playmoney you can trade with. So there's no risk at all. If you lose, nobody cares. Of course if you win, nobody cares too.
Every forex broker offers a test account. It's a must nowadays. But not every forex broker offers an unlimited forex test account. The problem is that most demo accounts are restricted. That means that you can only use them for 3 weeks or so. After that the test account will be closed and you either have to go to another broker or trade with real money. THat's not nice but makes sense for a forex broker. He makes no money when you trade with play money so his reasoning makes sense.
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