Open a live acocunt with us! Earn $3.00 per lot!

Open a FREE forex demo account through our brokers!

Pick One or both MetaTrader 4 software forex brokers!

FXDD REFERRAL PAGE.. OR .. GAIN LINK

Please read this about the role of the forex demo account. There are many forex brokers that offer free demo accounts on the internet and not all of them use the software we suggest from MetaTrader 4 (MT4). Indeed, the ultimate goal for any of these brokers, introducing brokers, or referring agents is that perhaps after you have tried their free services you may decide to open a real live account with their company. They all offer live free quotes on the currency pairs. But, I will tell you from experience that the forex broker's servers are NOT all the same and there are little quirks that sometimes work for and against the forex investor at times. Factors like the pips spreads, fractional pricing quotes, expert advisor interactions, and world wide news events are important everyday occurances that can make or break your trading account.

Some expert advisors are developed for a particular broker server (tested during development) and yet are sold to the general public not realizing that the expert advisor may or may not operate exactly as designed and back tested before going public. They use your first hand live forex trading experience (good or bad) as a way for them to work out the bugs at your expense. That is why it is very important that you ask the vendor seling those EAs those questions and still you are well advised to pre-test any expert advisor on the forex broker demo account FIRST before you risk your hard earned risk capital.

WHAT YOU CAN DO WITH A DEMO ACCOUNT

1. Once you decide which broker to try out, load the MT4 software onto your computer, open a free demo account using the popup first menu offer, set up your demo account using a name that signifies what you are doing. So, if you are going to run EA XYZ, it is easy to remember the name XYZ compared to the actual account number that is issued by the broker.

2. The internet provides the opportunity to share information world wide. 4xWINs offers you the opportunity to upload any demo account statements produced by your MT4 software into our Demo-It Database so that we all can compare outcomes, results, and share some productive dialog. You can review the top-5 EAs at anytime by visiting the 4xWINs main web page.

3. From time to time, we offer some free downloads for the public which you might be interested in. Take for example the Simple Daily Forex Trading System (SDFX). Because you took the time to read this page, you now discovered a successful trading strategy that I have been testing out and you can review the results. Our 4xwins subscribers get the first exposure to these EA and other forex indicators, video instructions, and trading strategies on a regular basis. That is the benefit of being a paying subscriber vs. getting something for nothing. But, in this case you are getting another worthwhile benefit just because you took the time to visit us at 4xWINs.

 

Pick One or both MetaTrader 4 software forex brokers!

FXDD REFERRAL PAGE.. OR .. GAIN LINK

DISCLAIMER YOU SHOULD READ:

THE RISK OF LOSS IN TRADING OVER THE COUNTER SPOT FOREIGN EXCHANGE (FOREX) CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN ON OUR SITE OR ANY SITE LINKING TO US. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFITOF HINDSIGHT.