Trading online foreign currencies is an exciting and sometimes rewarding activity. But Forex trading is also a very risky activity. So how to learn forex trading without taking too many risks?
If you are a beginner or novice to FX trading, we recommend you to practice first without risking your real money. A good way to do so is to open a free forex demo account. With a free demo account, you can start trading without any risk, as you will only trade for “play money” and not for real money. With a demo account, you are able to trade foreign currencies under real market conditions without risking any of your own assets. You will quickly see it is easy to buy and sell foreign currencies online. But you will also experience that it will take a lot of time and trading skills to become a successful online FX trader.
But before you start trading with a demo account, you should first learn to trade Forex. A good choice for this is the reputable Forex broker eToro. Here you can familiarize yourself on the website with all the important information you will need to become a successful Forex trader. You will find both basic information on Forex, but also manuals for using the eToro trading platform, a Forex trading guide, a glossary and information about Forex Trading in your home country.
Learning Forex Trading Withou Risking Real Money
eToro offers you an unlimited demo account. This is a risk-free way to get started in the fascinating world of online trading in foreign currencies to gain.
Tip: If you are a new customer and register now at eToro, you will also receive access to a free online course eBook.