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Foreign exchange demo accounts are popular and certainly they have their advantages. But should you be using the foreign exchange demo account beyond that? Have you ever asked yourself what’s in it for the broker?
forex brokers offer demo services for 2 main reasons. But the demo account does also have some benefits for the broker. So as quickly as we join up with a broker and begin to use their demo account, we become attached to it at some level. When we have gotten to understand their trading platform, it feels more safe in comparison to any alternative. Plus we have invested time in getting to know it, and we don’t need that time to once have been wasted..