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Tuesday, May 3, 2011

Motives of the brokers offering demo accounts



Some newbies will be worried about the motives of the brokers offering demo accounts. However, you shouldn‘t be worrying about that at all. This way they are trying to attract more real account traders, which in turn generate more money for the forex brokers. Brokers hope that after you have used the demo account and it fits your trading requirements, you will like it and trade in real account. There are no charges for using demo accounts. If you are very scary of giving away your personal details, you could even create a fictitious persona using only your email (which could also be purposefully created for the demo account).

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