Not every forex broker out there offers a forex demo account. A demo account is a must for every broker. Checking out a broker via a forex demo account is a must for every trader. The forex market is growing rapidly in the last few years. More people are trading currencies. This is especially felt in the current global crisis, when many people were disappointed and disillusioned from the stock market. Together with the popularity of forex trading, there is growing number of forex brokers. Some have commissions, and some don’t. Some have tighter spreads and some have larger spreads. Some have a better platform and some don’t. Some have a high entry rate and some don’t. All are acceptable. But no demo account? That’s too much. For people that are new to forex trading, this is of course useful for learning about the entire market. It takes time and practice to get technical analysis, money management and even the in-trade psychology. But a demo account isn’t only for newbies. Any trader needs to test and to feel a forex software system, understand how it works and get familiar with its features. A forex demo account enables you to get to know the broker’s software before putting real money in. Who would want to lose money just because he missed an important button? Who would want to throw cash stupidly? Naturally, there are some things about the broker’s behavior that you’ll learn only in real trading. A forex demo account will minimize the risk to a minimum. So, don’t put your money at a broker that offers no demo account! For more on these issues, check out my special page about a Forex Demo Account. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Basics & IndustryForex Basics share Read Next SNB Intervention – Shortlived Indeed Yohay Elam 14 years Not every forex broker out there offers a forex demo account. A demo account is a must for every broker. Checking out a broker via a forex demo account is a must for every trader. The forex market is growing rapidly in the last few years. More people are trading currencies. This is especially felt in the current global crisis, when many people were disappointed and disillusioned from the stock market. Together with the popularity of forex trading, there is growing number of forex brokers. Some have commissions, and some don't. Some have tighter spreads and some have larger spreads.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.