Forex trading step No.4: choose a reliable forex broker and platform
Although there are many forex brokers and various platforms for forex traders to choose from, it is not easy to choose a reliable one. Going to forex forum, blogs etc. makes it easier to find the best broker and platform. IKON is regarded as a reliable forex broker who provides reliable platforms to a large number of forex traders.
Forex trading step No.5: open a demo account
Many forex beginners might be skeptical about demo account at first. But it really is a good way to practice forex trading if they try them. A forex demo account provides real time trading price and charts, extensive market analysis and market news. In total, a demo account offers all what a live account have. However, the difference is that traders do not need to trade with their real money if they use a demo account, thus they do not need to worry about losing their own money for lack of experience in forex trading. On the contrary, if they make a big fortune with a demo account, accordingly, they cannot withdraw and spend them.
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