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A demo account allows you to test different strategies before going live. It also helps you understand how the trading platform works.

@einnar_345 Well, trading on MT5 won't be very difficult if you got your hands on the MT4 platform. Yes, I agree that MT5 is an advanced version with more features, but it will make your trading journey easier. So don't be concerned, just go for it if you plan to switch ever.

The most common mistake traders make is losing control and giving up, the one who can master his emotions can work easily and happily.

Justforex suspends services for clients from Russia & Belarus. They said opening new accounts for clients from these countries is no longer allowed. What do you guys think of this decision?

are you a part time trader? how long it has been?

Firstly, all the best for your trading journey ahead and for recommendation, i’d say try fxview. They are regulated and trading conditions are something to look out for, spreads are low, their cost is minimal which is obviously a plus point if you are just starting out.

Taught me how to take practical decisions not just in trading but in life too. :)

Yeah right. But demo accounts are great for first hand experiences.

Hmmmm.... Nice stuff!

My current most favorite is Fxview. Low spreads + low commissions!

Absolutely. No hard and fast rule that a strategy that works for me, might work for you as well. So we have to find one on our own as per our goals.

Great to hear that. A 20 yr old saying he is profitable is a rare thing to be found.

Agreed. Upto30x. nothing more than this for newbie.

Well, just because the broker is charging higher commission doesn't make them safe now, does it? what make a broker safe to trade is regulations of the broker. Fxview is regulated by Cysec, FCA and many other strong upper hands. So, why pay more when you can trade at much lower cost with strong...

Yeah, even i started with this one only.

Yup. If you really want to be a profitable forex trader, lay emphasis on learning, hardwork, discipline and practice.

No hurry, better focus on grabbing the information than hurrying, if you wanna be profitable in the long-run.

Yes but ultimately not with $7 commission if you count the expenses. I found another competitor on the rise, especially Fxview nowadays which has both low spreads as well as commission $2/lot round.

Yeah... the road to success is through a healthy state of mind.

The only thing we can do is to remain unaffected by them. As we already trading is all about profits and losses. Today may be good but tomorrow might be bad and vice-versa, so we need to have a strong mindset to be able to bear all that.