CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Forex trading is a practice which entails skill, excitement and a strong perception of the financial markets. It involves exploring the economy in depth, identifying and grabbing opportunities and having a strong sense of control over your actions. It also involves a high element of risk; this is why as a newcomer to the forex industry, one should always take baby steps before walking and learn how to walk before running. And there's no better way to do this than to start trading on a demo account.
To help forex beginners learn the ropes before diving into the deep end, FXTM provides clients with the option of opening a demo account. Demo accounts encompass a number of advantages which help traders break into the markets.
Trading on a demo account is a key educational experience and an excellent insight to the world of the currency markets – register today and try it out!