Lesson No - 4
In this lesson we will learn how to create Forex Trading Account?
First of all we must know that there are how many types of forex accounts. So friends there are mainly three types of forex trading accounts:
- Demo Accounts
- Bonus Accounts
- Real / Live Accounts
Demo Accounts are aimed to provide training to new traders without any possibility of lose in trades. These accounts of virtual money and provides opportunity to the traders to start trading and do experiments and learn new things. Creating demo account is very simple, whenever you download MT4, MT5 trading platform you will got a demo account with it, but it is not by default opened then you can create it In next lesson we will discuss details about how to create account in practical. In the meanwhile you can download MT4 software and install it on your system.
