Here in our demo Account section, beginners can learn forex through a free unlimited demo accounts that include live quotes as exactly like real-time charts. Beneficially, Demo clients will be capable to receive news and analytics as faithfully as client’s real-live accounts. With a demo account, you can monitor the performance of short-term and long-term strategies under real forex trade market conditions, gaining valuable knowledge in a risk-free environment.
How to start
People become professionals through experience; they are not born that way. The “newcomers” become professionals in the process of constant learning and skills development.
In order to find answers to questions you may have, please review the FAQ (frequently asked questions) section. You can gain a better appreciation of money market terms by consulting the Forex Glossry, where the most frequently found finance market terms are defined.
Prior to trading with a real account, we recommend that you open an educational account, which is not too different from a real account, except that profits and losses in this case will be virtual.
When you work with a Demo-account, you do not risk losing your money and can do the following:
- gain practical trading experience on FOREX;
- study the process of money market analysis;
- try using real quotations in real time, and improve your trading strategy without risk;
- develop your own (Money Management) risk management system;
- gain practical experience when working with GIGFX.
Steps to open a demo-account:
- It is ONLY possible to open an account with a trader’s terminal. Please download one Here.
- Once the setup file is downloaded, please install the program.
- Once the program is installed, please launch the terminal. Now you can open an account. In the top menu, under File , please choose the Open Account item.
- Please fill out the registration form. Define the account currency type that you would like to open. Also choose the initial deposit amount for the study account. The following amount will be automatically enrolled to your study account in terms of virtual money. The fictional deposit amount will be in USD.
- Once all fields are filled in correctly, and you have chosen your settings, be sure that “Receive news via email” has a tick, then the “NEXT” button will become active. Click on “NEXT” and continue. As a result, you should then receive your account number and password. Please keep these in a safe place and do not forget them.
You may have as many demo-accounts as you wish, therefore you can open a new demo-account to work out a new strategy on your terminal with your educational account.
