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Forex is just like regular business where your money make more money with pure risk of losing actual capital so learning is important before investing money into this business or the new traders should first check the failure stats in forex trading.

So once a trader achieve to maintain these qualities eventually become successful in my opinion.

Almost every broker allows all type of trading these days but the traders should first learn which trading suits them well either its the long term or swing trading either they are good at scalping.

The only thing a trader should adopt should be focus, discipline and patience primarily while learning in order to become successful as per my own personal opinion.

Obviously it would be a trader's own choice choosing a micro or a demo account but what if a person does not know what to do in forex should only blow up his account if start with either a micro account or a regular one and maybe demo too. So, the demo comes up with free virtual funds and if...

Yet in my opinion we can or any new trader can learn the skills while dedicating time with proper focus and patience.

Actually we can learn forex trading processes more easily through trading demo than learning form any other resources. Demo accounts comes without depositing any amount with the broker so we can also test the broker processes free of any cost.

I think broker recommendations are really getting hard these days but if you wanted to shortlist a few other reputed brokers then you can check hotforex, octa, xm, exness, lmfx etc but do some of your own research before finalizing any broker of your choice.

Again all of these above mentioned requirements does not comes right over the night we have to spend time with it.

Major pairs like EURUSD or GBPUSD have good liquidity for trade and they have less spreads as compared to the exotic trading pairs in my opinion.

Every business has a boom like the case in crypto as you are saying however in my opinion, currency pairs market is among the evergreen markets i have traded so far.

Remember forex trading is a very professional market which does not spare any traders mistake so learning knowledge is very important before investing any real money into trade industry.

Forex news and other stuffs are available on all major platforms however in stock trading it seems like we need an insider to trade that specific stock for profit or take loses.

Major pairs are more liquid, less volatile and comes up with tight spreads as compared with the exotic currency pairs.

At least a demo can be traded for a minimum of six month before jumping to the live trading in my opinion.

Yeah, many putting buys and others putting sells at the same time thinking they all are clever.

I also suggest we can start with a demo and then after learning proper skills move to a micro account to further test our skills plus broker with small funds before going into live trading with huge sum of money.

Yes it is very professional market which does not actually spare even a single trader's mistake in my opinion.

MIcro can also be a good pick to test those processes what we actually can't test on the demo account like the withdrawal etc.

Yet we have to manage between this unpredictable market because nothing is predictable in the forex trading industry.