Many of the training and strategies we reviewed provide results of back testing and advise practising on demo accounts before live trading. However, please take very careful note of the actual findings from our research on testing...

Only test trading strategies on a live account

This is very important. Demo accounts do not always use live data feeds and usually contain average price points which do not accurately reflect volatility in the market. Also, a demo account will give you instant execution. Using a live account will show you that you do not always achieve instant execution. Never test your strategies and tools on a demo account - your results will not be reproduced on a live account.

If you already have a live account please continue to Step 3.

During our research we also reviewed many different brokers. If you do not currently have a live account we recommend Marketiva to get you started. They are currently offering a $5 registration bonus so you can start testing the system and tools in step 3 of our guide on a live account with no initial outlay!

There are brokers out there with slightly tighter spreads but these require $500-$10,000 initial investment, if you are just starting out we do recommend starting small to gain confidence in trading Forex.

Please open a live account now before continuing to Step 3 using our recommended broker for live testing.

Click here to open a live account for testing
with Marketiva

 

Continue to Step 3...