Start with a Demo

Start with a Demo

For Forex traders wanting to increase their trading techniques, MIF provides demo accounts for them to do so. Each demo account contains a deposit of $100,000 which is more than enough for them to practice their various strategies.

These demo accounts also offers access to free real-time feed news and analysis and also charting applications and account summary reports through the MIF Trading Platform.

We recommend that all investors, novice or experienced, trade a Demo Account before opening a Live Trading Account. A Demo Account allows one to become familiar with trading procedures, such as placing Market, Stop, Limit, OCO and If Done Orders without any risk. There is no real monetary loss with these accounts.

Thereby without being afraid to incur such losses new traders to the forex market can develop their trading skills, reading the reaction of certain currency pairs in relation to its news and also charting patterns.

We suggest that a person use a Demo Account until he/she is confident with the terms and terminologies in Forex trading. This will enable any individual to increase his/her chances when it is time to trade forex with real money.However it is not a guarantee that a person who makes money with the demo account will for sure make money with the live account.