If you want to succeed in Forex trading business you must have some experiences and knowledge about Forex trading business. Demo is very source of acquiring experiences and knowledge about Forex business. So a newbie should practice more and more in their own demo account as long as they get enough experiences and knowledgea about Forex trading business.

I think practice in demo is crucial because we obviously can’t do it on real account, now days it has become much easier for me to work out because I use OctaFX broker with their demo contest like Southampton Supreme, it is pretty cool with having serious prizes up to 1000-1500 USD, they have listed unlimited, but in recent contest it is ranging around the figure I said above, I am pretty pleased participating on here since that has allowed me to practice with the highest level of motivation, it is something you can’t be really getting when you talk about simple demo account, so that’s why this is so very good for anyone especially for newbies who are just starting up here.

Demo is necessary for those who are not having any other option, but for me I have many options open with OctaFX broker, I use to operate on demo because I wanted to test out strategies and methods before applying them on real, but ever since I joined this lovely company, it has been breakthrough stuff for me since with their wide range of demo contest, I can regularly perform well since apart from the obvious scope for practice, I can also come out winning great prizes especially with their Southampton Supreme demo contest with having unlimited prizes to be won, it is quite brilliant stuff there for people seeking for practice since this is a deadly combo of practicing plus prizes, so this keeps up with the motivation factor.