Any payments by TU () to the users of our website shall be interpreted solely as incentives for the activity on the website, as withholdings of a part of proceeds from advertising they shall not be used as a subject of any claims by our uses or our liability, subject of claims and they shall not be viewed as a part of the services provided to the users by the brokers, both in terms of on as received basis, and their fullness and scope. The information on this website is not intended for distribution or use by any individual in any country or jurisdiction, where such distribution or use is illegal under the local laws or regulations. Before you make an investment, you must adequately consider your level of knowledge and be aware of all risks, particularly in terms of trading with leverage. Forex market, as well as CFD and cryptocurrency trading, carries high risks and is not suitable for everybody. Traders Union () is not responsible for the consequences of the trading decisions made by the Client and possible loss of their capital, caused as a result of use of this website and information on it. Therefore, although demo accounts are quite beneficial to start with, you should not linger there too long. This is not advisable because you can lose passion and motivation, and your strategies will cease to be successful because the Forex market is constantly changing. In fact, there is a small probability that, having got used to the absence of risk, you will not want to switch to a real account or will delay it as much as possible. For example, after you have become familiar with the market and know how to trade. In the long term, however, a demo account loses all its advantages as soon as you don’t feel the need to stay on the demo account. Such accounts are good in the short-run to quickly learn the basics of Forex trading in practice or experiment with a new strategy. I can see only one real disadvantage with demo accounts. This is an invaluable chance for a novice trader because you don’t risk a real-money deposit.

Here you can successfully test any trading strategy, advisors, indicators, learn to analyze the market and come to well-thought-out decisions. A demo account is a perfect way to start trading on the Forex exchange because technically it is no different from a real account with a broker. The advantages of using demo accounts are obvious even to a person who is unfamiliar with the foreign exchange market.

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