Demo Accounts - Forex Broker Testimonials

Is there is any restrictions on the number of demo account I can make in IC Markets? I am the kind of traders who likes to try the strategies over and over until I make sure I am ready. I also like to back-test a few new strategies to help myself prepare for rainy day. This is almost impossible to do in my old broker since they restrict how many demo account I can make. 

Is ThinkMarkets the best place for beginners to start trading? What kind of benefits do they offer for newbies? I personally have plenty of criteria that I think would suit me, including but not limited to:

1. A good demo account with a lot of instruments choices and a good virtual balance (around $10k)

2. Great educational programs for beginners, which include basic trading skill courses and interesting interactive programs like webinars.

3. Low deposit as well as low deposit and withdrawal fees, most new traders are afraid to spend a lot of money for first-time trading.

Is FBS good for beginners like me? I have no experience in the forex market, however, I feel like I have to start somewhere. So, I want to find a broker that allows me to use their demo accounts as much as I please. How much virtual money does FBS offers? Can I make more than one demo account at the same time?

So, I recently created a demo account in FXOpen and so far I am loving every part of it. It has a very simple user interface which I really like. I do love more advanced tools, but they tend to be complicated so I just stick to the basics. I think I might want to try trading in the live account. I wonder if I can create the live account from the demo account? Do I need to add some extra doccuments? If yes, then what do I need to prepare?

I haven't seen too many people talking about FP Market's demo account here, so I just have to ask since I am about to open an account. First of all, does the demo account available for all account types, and how much virtual money will I receive in the demo account. Second of all, how many demo accounts can I open? There are several strategies I would like to try and it might require me to create multiple demo accounts.

Easily one of the most recommended brokers for new traders. There are several reasons for this, but mainly because they have plenty of great features that are geared towards newbies. For example, the demo account is super easy to make and very beginner-friendly. That is what a demo account is supposed to be if you ask me. If you aren't sure where to start, ICMarket also has great educational projects that you can join. I personally love their webinars as they always talked about more specific matters. Also, their podcast is a great option to learn while you are on the go.

Amazing customer service, easily one of the best I have ever been with. Although the demo account can be a little bit laggy and buggy, it is not a huge problem. In fact, I was having a hard time trying to log in to my demo account. Contacted the customer service and the operator quickly help me with it. I was very happy with the results and the fact that my problems were gone in a short time. Sadly it is very rare to find a broker with a great service like this nowadays. I hope their great service extended to other aspects as well.

I ran into Tickmill when I was just a newbie and don't understand a lot of things about Forex. I was still studying a lot about the industry at the time. But I am glad I picked Tickmill. First I opened there a demo account, then a real one, and soon decided to withdraw some money - on trial, would they not deceive you. After that, I continue to trade small positions, and eventually I was able to generate consistent profit albeit small. I withdraw at least $300 per month or so. Never have any problems.

Finally, I have found a goo true ECN broker. Before IC Markets, I have tried several other brokers claiming to be the best ECN broker while in reality they are not, they are also full of scams. IC Markets managed to give me the best spreads and the best order executions. They also have a great live chat support team that is always ready to help me with my problems. They are not perfect, however, they also have several things that I wish they would change. For instance, while they do have great educational features, I don't think it's enough to guide new traders. I think they need to put some team in order to compose better materials. I also think they should have more trading contests as well, preferable using a demo account?

So far I have tried at least 5 brokerages that claimed to have low spreads. Among all of them, IC Markets prove to be the best. Basically, they cover all I need without giving me headaches. Sadly, there is a limit of 20 demo accounts, I can live with that although eventually, I may need more as I test and grow in various strategies.