Forex Demo Account - What Are They Really

Forex practice accounts allow you to trade the forex market while not putting your hard earned capital at risk. These accounts are often also called forex demo accounts, these accounts should be free - so if a forex broker is trying to charge you for one - just say no thank you and look for another broker. Most forex practice accounts will work for approximately 30 days, some are longer and some are shorter it all depends based on the broker that you choose to open your practice account with. We have found many forex brokers even let you continue to use the account for longer than the time period that they say it the account is for. However, other brokers will discontinue the account as soon as the time frame is expired. Forex brokers offer forex practice accounts to people as a way to get other people interested in their forex trading tools and use their forex broker services. As a result - they will collect some basic contact information from you when you create your forex practic...