couscous

Practicing on a demo account I guess is a very important step on the process of becoming a good trader. And choosing brokers is matter of checking the reviews and playing with some of the best ones. Tradeview is a good one and they are registered on NFA but you can read and check some others so you stay with the one you feel more comfortable with.

jeffsmith

It is true that before starting with any broker start practicing with its demo account. Practice is necessary to do any work before starting with it.

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couscous

Don't expect you being the best trader if you've never ever seen a MT4. So I guess every newbie should give a look to a trading platform, learn the basic stuff and then play with it. I've met people that have used demos for at least 6 months before going live. I am from those that still recur to the demo account to check some patterns, and that's because of the excellent service I've got from the guys on Tradeview. So don't forget to pay attention on where you get your demo.

jeffsmith

You are right friend that before entering this market and trading it. One must learn about the forex market and use a demo account to learn about trading. With the changing scenario of the market, and brokers coming in the field of forex they are providing the services of Demo account. With whom i started trading was AVAFX. They are soon going to start MT4 in 2009. Now i have stopped trading and taking interest to search the market and make analysis on it.

I found the work of analyzing the market interesting. I would like to share my experience with the new comers in this market.

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couscous

I've had the opportunity to play with some demo accounts from different brokers, that's how I came to the conclusion MT4 from Tradeview was the best for my strategy. But I never used AVAFX demo account, I even thought it was an MT4 platform but it seems MT4 will be available until next year. I’ll give it a look. Hey Jeff, I would like to know what results have your analysis given so far?

Hdsn

Hey I recently got a mini account with Tradeview's guys, I was doing fine with their MT4. But they offered me a new platform called Ikon Platinum. Have you used it?

jeffsmith

Friend it would be my pleasure to tell you something about AVAFX. Well i had nice results from online broker. As you had asked that you have never tried for AVAFX demo account as they do not have MT4.

I would tell you that once you gather proper knowledge about forex and how it work's you will not bother about how the broker what service he is having and what deposit he is asking to open an account. Once you gain experience about forex market you can easily understand the trading tips when you start a practice account with any broker. This practice account helps you to make new trading strategy and helps you to make target that how much time you have to trade and how much profit you would like to book everyday while trading.

I would say that every trader must go for practice account before you start trading. I would say go ahead and try the demo account of this broker (AVAFX).

Happy trading and Merry Christmas.

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fxgator

So the conclusion would be find an NFA regulated and mt4 supported broker.

Thanks guys.

jeffsmith

I still have a demo account with my online forex broker AVAFX. I am still trading in this demo account and increasing my trading skills.

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Happy Trading

couscous

I couldn't understand what's the analysis you will be performing on the market, though I see you are truly happy with your broker. I could certainly say the same about tradeview. I guess I became accustom to handle MT4 and demo account seems to be more simple to use.