CFI Markets Guide â€“ Read our In-Depth CFI Markets Review
CFI Markets Rating: 4.33 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This CFI Markets review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this CFI Markets review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the realm of trading and brokerage, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all of the concepts of broker as you keep trading. For starters, you need to select the right broker who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program will generate hefty returns. CFI Markets is one such platform which will take you along with your investment into great heights. It is crucial that you know about CFI Markets before you trust them with your cash.
CFI Markets Guide â€“ Quick Overview
CFI Markets Telephone Number:
CFI Markets Email Address:
CFI Markets Address:
Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin)
Number Of Clients:
10,000+ CFI Markets users and traders
CFI Markets LinkedIn:
CFI Markets Facebook:
CFI Markets Facebook Likes:
CFI Markets Twitter:
CFI Markets Twitter Followers:
CFI Markets Instagram:
CFI Markets Instagram Followers:
CFI Markets Youtube:
Losses can exceed deposits
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|Regulated By:||Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin)|
|Number Of Clients:||10,000+ CFI Markets users and traders|
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|CFI Markets Facebook Likes:||0|
|CFI Markets Twitter:||@|
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Losses can exceed deposits
Our full CFI Markets Review covers everything you need to learn about trading with CFI Markets. A fantastic broker can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a broker service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; thus, you must carefully assess your agent before you select them. It is a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
CFI Markets is a broker that has forged its way successfully to the broker world. Within this review, we have attempted to collate a number of the important facets of CFI Markets. This review will help you to understand whether CFI Markets is a fantastic fit for your investments or not. We have tried to breakdown all of the features and fees for your convenience.
CFI Markets Review, Table Of Contents
- Who are CFI Markets?
- Benefits Of Trading With CFI Markets
- Everything you should know about trading with CFI Markets
- Is CFI Markets Safe To Trade With?
- CFI Markets Risk Disclaimer
- Pro's & Con's Of Trading With CFI Markets
- Compare Brokers Similar To CFI Markets
- Regulation And Licencing In More Detail
- CFI Markets Awards
- Minimum Deposit Required For A Live Account With CFI Markets
- CFI Markets Commission And Fees Explained
- Compare broker fees against CFI Markets
- CFI Markets Withdrawal Fees Explained
- CFI Markets Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With CFI Markets?
- Alternatives To CFI Markets
- Frequently Asked Questions About CFI Markets
Who are CFI Markets?
CFI Markets is a foreign exchange broker headquartered in Cyprus and provides a variety of instruments for trading. Since its beginning in 2012, CFI Markets has emerged as a top player in the industry of online broker. CFI Markets has a highly competitive and full-featured trading site that's focused on currency, indices, metals, sharesand commodities.
Over the past 9 years, CFI Markets has grown into one of the leading online brokers.
After establishing in 2012, their customer base has become as big as 10,000+ clients.
CFI Markets is the favourite for many traders because of its negative balance protection. Our CFI Markets review discovered that they are an superb alternative for automated trading solutions. They're best suited for investors that are searching for an assortment of assets. Social and automated trading solutions are the core at CFI Markets.
Technology plays a substantial role at CFI Markets. CFI Markets features trading on MT4, Mac, Tablet & Mobile apps. CFI Markets is honest, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin). Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The trader resource section at CFI Markets is very insightful for new dealers since it permits them to get a closer look in the financial markets. CFI Markets caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
CFI Markets Videos
If you feel that CFI Markets is not right for you then at the bottom of this CFI Markets review you wil find a lot of alternatives to CFI Markets.
Everything you ought to know about trading with CFI Markets
CFI Markets is a dynamic platform that offers various techniques of trading online. These tools cover the financial markets considerably. Most of the brokerage platforms provide less procedures than CFI Markets
If you wish to exchange with CFI Markets, you will require a minimum deposit of $100. This deposit is required if you want to start trading with CFI Markets. This 2021 CFI Markets review will direct you clearly about trading with them.
CFI Markets is as versatile as another broker platform. CFI Markets is ideal for traders that want a manageable variety of low-cost services. The platforms offered by CFI Markets are third-party, white-label offerings. All traders can pick from MT4, Mac, Tablet & Mobile apps.
Together with everything, CFI Markets has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction has to be kept open. The agents offer premium client service which rewards clients with advantages.
Many unethical brokers try to pressurise users into larger funding for superior services. CFI Markets, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the greater advantages will come along.
CFI Markets accounts are available globally and provides excellent service wherever they have clients. There are some select few countries where CFI Markets accounts are not available. Traders in the following countries cannot open or use a CFI Markets account:
BR, KR, IR, IQ, SY, JP, US
Is CFI Markets Safe To Trade With?
Launched in 2012, CFI Markets has been open for 9 years, they are headquarted in Cyprus.
CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin). These figures have rules that ensure that trading platforms have measures in place to maintain investor's assets secured. This usually means that CFI Markets users don't need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption secures every user's personal information as well.
You can make use of an option for Two Factor Authentications (2FA) with CFI Markets for increased security. An SMS with the confirmation code will be sent to your phone. You will be asked to enter this code to log in to your account.
Another concern with fiscal brokers is in regards to safety might be manipulation of trading. This is highly disadvantageous to users on those platforms. However, this is more widespread in the example of Market Maker brokers who compete with users on the stage.
CFI Markets Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With CFI Markets
Every online trading platform will have some ups and downs, and no CFI Markets review would be complete without having a balanced approach. This CFI Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
CFI Markets Pro's
- CFI Markets is trusted by 10,000+ clients
- CFI Markets offers Negative Balance Protection
- CFI Markets has low minimum deposit requirements
- CFI Markets offers social trading
- CFI Markets offer trading on MT4, Mac, Tablet & Mobile apps
- CFI Markets offer 100 trading instruments
- CFI Markets trades major forex pairs
- CFI Markets trades minor forex pairs
- CFI Markets trades exotic forex pairs
- CFI Markets can communicate in English, and Chinese
CFI Markets Con's
- CFI Markets does not offer Guaranteed Stop Loss
- CFI Markets charge withdrawal fees
- CFI Markets charge inactivity fees
- CFI Markets charge deposit fees
- CFI Markets doesn't offer trading on cryptocurrencies
- CFI Markets charge CFD fees
- CFI Markets doesn't offer copy trading
- CFI Markets doesn't offer trailing stop
CFI Markets Review - Compare Brokers Similar To CFI Markets
|CFI Markets||Darwinex||Bittrex||Ascot Securities|
|Rating||4.33 / 10||4.43 / 10||5.81 / 10||4.23 / 10|
|Regulated By||Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin)||Financial Conduct Authority (FCA)||Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)||Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Losses can exceed deposits||Your capital is at risk||Your capital is at risk|
CFI Markets Review - Regulation And Licencing In More Detail
CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin).
CFI Markets, as a company, has a powerful collection of rules for ensuring honest trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial details.
CFI Markets Review - AwardsAt the time of writing this CFI Markets review, and despite CFI Marketsâ€™s impressive offering, the company has surprisingly not garnered any other awards to date.
CFI Markets Trading Platforms
CFI Markets are a professional brokerage that has been open for over 9 years. They offer a wide range of options in their customer accounts.
Below we take the main parts of any professional online broker and compare CFI Markets with Darwinex, Bittrex, and Ascot Securities
CFI Markets Review - Minimum Deposit Required
The minimum deposit that you must deposit to begin on CFI Markets is $100. This is an adequate amount for people just beginning. You can create more advanced deposits as you go along. But, make certain you know how to make the most of your cash before investing in larger amounts.
CFI Markets Review - Commission And Fees Explained
CFI Markets is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the number of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you are spending a spread, financing speed, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those that are charged when you hold a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They're billed for things like depositing cash, not trading for lengthy periods, or withdrawals.
In general, CFI Markets doesn't charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by CFI Markets are relatively lower. Consequently, you're charged more for non-trading actions on your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.
This CFI Markets review breaks down each of the relevant non-trading charges for you in detail.
Compare broker fees against CFI Markets
CFI Markets Review - Withdrawal Fees Explained
CFI Markets charges a withdrawal fee when you make a bank transfer. Every time you move money into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any time from the CFI Markets account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don't always need to have any money on your account.
In addition, the withdrawn money will be transferred directly to the accounts you use to make deposits. Thus, if you used a credit card for deposits, then the withdrawn money will be sent to the card. CFI Markets will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you're opting to withdraw in.
CFI Markets Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your head when open an account with CFI Markets. An inactivity fee is an amount charged to registered traders that have not participated in buying or selling for some time. The period considered inactive is determined by the agent.
The inactivity fee differs from 1 broker to another and isn't generalized. If a dealers account does not have a purchasing or selling trade, it's claimed by the broker as an inactivity charge. The traders have to pay this commission under terms and conditions that they had agreed while enrolling.
CFI Markets charges an inactivity fee if you don't make any trades for a while.
Even if no fees have been indicated by CFI Markets, it's better for you to close the account if you're inactive. Inactivity fees are not just charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is subjected to many circumstances and needs to be revealed clearly by the agent beforehand.
CFI Markets Review - Deposit Fees Explained
When you move money in your trading account by the bank account, a deposit fee can be billed by the broker. Most brokers do not charge an excessive amount of money for this particular operation.
CFI Markets charges a deposit fee for transferring money into your trading account.
Depositing cash on the CFI Markets trading platform is simple. You just have to complete a single-user profile survey to begin depositing money into your trading account. You will have to provide an identity evidence and proof of residency to deposit substantial amounts.
CFI Markets Review - Compare Broker Deposit Methods
What Can You Trade With CFI Markets?
Note: CFI Markets offers a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may differ depending on the country of residence of the client.
CFI Markets has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then CFI Markets offer over 30 currency pairs.
Compare CFI Markets, Darwinex, Bittrex & Ascot Securities below.
Reviewing The CFI Markets Mobile App
Note: CFI Markets's mobile app has many functions and is being constantly improved. The below information was correct at the time of compiling this CFI Markets review.
Understand the capabilities of the mobile apps of CFI Markets, Darwinex, Bittrex & Ascot Securities below.
Alternatives To CFI Markets
If, after reading this CFI Markets review, they do not quite meet your needs check out these CFI Markets alternatives.
We've scoured the internet to find the best alternatives to CFI Markets. Click the links below to find out more.
Frequently Asked Questions about CFI Markets
Can I try CFI Markets before I buy?
Yes, you can most certainly try CFI Markets before you buy. CFI Markets provides demo accounts for the ease of new traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.
If you register to get a demonstration account on CFI Markets, you may set out using a decent amount of virtual currency. It's to establish a feeling of safety and confidence in you before you decide to invest your own money.
With this virtual CFI Marketsdemo account, you are able to experiment in any way, to whatever period you desire. You can also open positions, test different trading strategies, and much more.
CFI Markets specifies on its official site that you are able to exchange real time stocks with your demo account.
Is CFI Markets safe?
You can drop all your worries since we believe that CFI Markets is perfectly safe to use. It's in compliance with the rules of Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin).
Even so, CFI Markets does not provide assured stop-loss protection.
Why does CFI Markets ask for my passport?
The reason that CFI Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, CFI Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, CFI Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with CFI Markets?
The process to start trading withCFI Markets is perhaps simple enough to be a cakewalk. You need to begin by signing up on the CFI Markets website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with CFI Markets is $100. You should have a good hold over the details of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with CFI Markets.
The best way to kickstart your trading career with CFI Markets is to open a demo account facility before risking any real money
What funding methods do CFI Markets accept?
There are a number of methods to finance your accounts with CFI Markets. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to keep in mind that PayPal is not available in every place. The monies CFI Markets
Is my money safe with CFI Markets?
Yes, your cash is safe and protected with CFI Markets. As you know, CFI Markets works with good conformation to. It's established plenty of measures to protect all its own investors.
CFI Markets protects its clients' private and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further protect your accounts, you can empower Two-Step Verification as well. It requires an SMS affirmation for you to access your accounts.
Is CFI Markets trading good?
Yes, trading via CFI Markets is a nice and decent experience indeed. It's a great and intuitive platform with useful features for your simplicity. In addition, you can also gain access to a huge collection of educational tools and assistive substance to kickstart your trading experience.
If you remain skeptical, you can open a eToro demo account and assess the credibility of the platform on your own.
Which Countries does CFI Markets support?
CFI Markets operates across the world. However, due to regulations there are some countries that CFI Markets does not accept clients from BR, KR, IR, IQ, SY, JP, US
Is CFI Markets legit?
CFI Markets is a legit company headquarted in Cyprus since 2012. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin). CFI Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is CFI Markets a good broker?
CFI Markets is a great broker, and its own users can vouch for this. The highlight of the platform is its fast order execution on transactions.
You'll find the clean layout of the platform and the admirable features that a pleasure to work with.
Is CFI Markets a trustworthy broker?
Yes, CFI Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for CFI Markets?
The minimum deposit to open a live account with CFI Markets is $100
How long do CFI Markets withdrawals take?
Normally, withdrawal of money from CFI Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from CFI Markets to show in your bank account.
Are CFI Markets regulated?
CFI Markets are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin)
Is CFI Markets a market leading broker?
CFI Markets is currently one of the business leaders. It has over 10,000+ registered users and over 9 years of experience on its record. They're among the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its incredible platform and wide selection of tools plus resources so you may invest in capital markets.
Is CFI Markets a con?
No, CFI Markets is not a con. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin) and must adhere to their rules. Thus, it is safe to say that CFI Markets is not a scam.
Can you make money with CFI Markets?
Using CFI Markets, many traders earn a great deal of money. But on average, through continual trading, you can create between 2% - 10% profit a month.
This may seem like a little number, but over the entire year, this adds to a substantial number of gains. Even though CFI Markets provide you all the tools to earn money, they cannot guarantee you will gain.
Does CFI Markets have fees?
Yes. To begin trading with CFI Markets, you have to deposit $100. Particular commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.
When was CFI Markets founded?
CFI Markets was founded in 2012 in Cyprus. CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?ó?å?í?é??r Finanzdienstleistungsaufsicht (BaFin).
How many people use CFI Markets?
CFI Markets is a globally recognised agent with 10,000+ clients.
Where is the CFI Markets head office?
CFI Markets has its head office in Cyprus
Does CFI Markets offer negative balance protection?
Yes, CFI Markets has Negative Balance Protection. It is specially offered when the market volatility keeps clients from allowing their account go into the red. In such a scenario, CFI Markets provides the ability to reset a clients account balance to zero.
You are able to go through the important conditions on CFI Markets's website to understand their policies better.
Does CFI Markets offer guaranteed stop loss?CFI Markets unfortunately, does not offer guaranteed stop loss. CFI Markets provides a chance for its traders to close their trade in their specified price. Aside from that, CFI Markets doesn't provide guaranteed stop loss.
Does CFI Markets allow scalping?Yes, CFI Markets do permit scalping. Several traders across the world select CFI Markets for their scalping services. They offer trading on MT4, Mac, Tablet & Mobile apps which allow this.
Does CFI Markets allow hedging?
Yes, CFI Markets does allow hedging.
Can you trade energies with CFI Markets?
Yes, you can trade energy stocks with CFI Markets
Can you trade agricultural shares with CFI Markets?
No, unfortunately you cannot trade agricultural stock with CFI Markets
Can you trade cryptocurrency with CFI Markets?
No, unfortunately you cannot trade cryptocurrency with CFI Markets
Can you trade metals with CFI Markets?
Yes, you can trade metals with CFI Markets
Can you trade UK Shares with CFI Markets?
No, unfortunately you cannot trade UK shares with CFI Markets
Can you trade US Shares with CFI Markets?
No, unfortunately you cannot trade US shares with CFI Markets
Can you trade Japanese Shares with CFI Markets?
Yes, you can trade Japanese shares with CFI Markets
Can you trade German Shares with CFI Markets?
No, unfortunately you cannot trade German shares with CFI Markets
Does CFI Markets accept bank transfers?
Yes, CFI Markets accepts bank transfers for depositing money.
Does CFI Markets accept credit cards?
Yes, CFI Markets accepts credit cards for depositing money.
Does CFI Markets accept PayPal?
No, CFI Markets does not accept PayPal.
Does CFI Markets accept Skrill?
No, CFI Markets does not accept Skrill.
Does CFI Markets accept Payoneer?
Yes, CFI Markets accepts Payoneer for depositing money.
Does CFI Markets accept Neteller?
No, CFI Markets does not accept Neteller.
Does CFI Markets offer Live Chat customer support?
Yes, CFI Markets offers customer support through live chat.
Does CFI Markets offer phone customer support?
Yes, CFI Markets offers customer support over the telephone.
Does CFI Markets offer email customer support?
Yes, CFI Markets offers customer support through email.
What languages can CFI Markets communicate in?
CFI Markets has the ability to communicate and support customers who speak: English, and Chinese
Does CFI Markets have a wikipedia page?
No, CFI Markets does not have an official wikipedia page.
Does CFI Markets offer demo accounts?
Yes, CFI Markets offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Inexperienced traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the companyâ€™s features before risking a live account.