MetaTrader 4 Demo Trading Account and Online Forex MetaTrader 4 Platforms

The Online Forex trading market operates with a total turnover of Forex that can go as high as $7.2 trillion dollars each day. Forex market being the most liquid financial market in the world means that online traders can enter the market anytime they want and get to place their online forex currency trade transactions using their forex platform - such as the MT4 software.

Decreased requirements to trade the online Forex trading market, high speed internet and the advances in communications technology are all responsible for having driven this financial forex market to where it is today. These changes in technology took the currency market from being limited to large financial institutions, banks and multinational companies to the point which ordinary people can now trade forex currencies through an online forex trading broker and participate in the largest financial market in the world through Online Trading networks of forex brokers & banks or what is called the interbank forex market.

Because of this new traders - beginner traders, online Forex trading broker firms began improving their retail forex services and accessibility to online forex trading. Different online forex platforms suitable for different types of traders have been designed to meet needs of this new market. With accessible online forex platforms, forex trading apps, forex trading app demo trading practice accounts, & forex trading software, online forex brokers are finding that the popularity of the forex market is rapidly growing.

Many Online Forex Trading Brokers feature Micro forex accounts. These accounts allow their clients to register, sign up and open a Forex trading account with a minimum margin of $100 dollars - margin is another name for forex trading capital.

If as a beginner trader you are interested in opening a Forex trading account, the first thing that you will need to have is a computer with an inter-net connection. The internet connection is important for an effective trade to work because traders will use this internet connection to connect to their online forex broker through their MetaTrader 4 platform and place trades online using this MT4 platform. You need an internet connection for your forex orders to be processed quickly.

Next, you'll need to choose a broker company, the broker should provide you with a forex trading software to use - for example the broker can provide you with the MT4 platform or the MT4 app for mobile forex trading. The Demo Trading Platform for example the MetaTrader 4 forex trading demo platform is simply a software program that is used by traders to connect to the forex market. You download MetaTrader 4 platform, then set it up, then open an MT4 free forex demo account for beginners - and then use this forex broker MT4 demo account to learn how to use MT4 and also how to trade on MetaTrader 4. You can also use the mobile phone phone apps with the - Forex App Demo Account - to practice trading with using your mobile phone. To learn more about how to setup MT4 platform you can find the learn forex tutorial on the how to use forex MetaTrader 4 tutorial guide on this learn forex web site.

It is important that as a trader you choose a forex trade platform that you are comfortable using.

• The forex platform must provide real time currency quotes information that is accurate and up-to-date - This information is represented using streaming quotes for example on the MetaTrader Platform - MetaTrader 4 platform this information is provided using free MT4 charts provided on the MetaTrader 4 platform.
• The forex platform must be secure & stable.
• The forex platform should have free charting tools to perform technical analysis on the charts provided on this trading forex platform
• This online trading currency platform should also have a feature that will allow you to store your forex trades transactions history
• this software should also allow you as a trader to execute forex orders with ease
• The forex platform should be easy to learn forex with

With all these features, you can use this forex trading software and learn how to trade with it using a free forex demo account for beginners and improve the way you trade in the forex market and also minimize the risk of losing money by first trading using a practice forex account known as a practice account.

Consider opening a forex trading practice account, which is a practice account - will allow you to try out the forex platform and forex trading market without risking any real money. By practicing forex trading with the demo account for example you can practice on the MT4 demo account, you allow yourself the time to decide if this is actually the forex trading software which you would like to use when trading forex online.

Brokers - Demo Platform Trading - MT4 Brokers Demo Account Trading

STP stands for Straight Through Processing Forex Trading Network. With an STP forex trading you will be directly connected to the forex interbank network through the Straight Through Processing Forex Trading Network.

MetaTrader 4 Demo Account - Demo Platform Trading

The Best Platform - Demo Platform Trading

Most traders will generally favor trading using an STP Broker because it is much easier to place trade transactions on STP execution

Forex traders who participate in Forex traders are investors who want to make profit by buying currencies that are appreciating in value & selling the ones that are depreciating. To trade Forex currencies online, a beginner trader needs to open a forex account with a broker and deposit money into the account to facilitate online Forex trading transactions.

Demo Trading Platforms such as the MetaTrader 4 platforms provide traders with free forex broker MT4 demo account - designed to stream live currency quotes to their clients (traders) so that these online traders can instantly execute trade transactions.

Once a trader chooses a Forex Demo Platform, they then download their Forex trading software, install the forex trading software on a computer with an inter-net connection. Then open a forex account and login to the forex platform to receive streaming quotes of currencies. This streaming currency quotes data is graphically plotted on a grid forming what is known as the Forex charts. The trader can then place forex trade transactions through this software platform provided. Online Forex trading brokers also offer Demo Accounts which are free practice accounts that beginners can practice with.

Forex trades cannot be made directly to the market, and can only be set through an online forex currency broker, connected to the interbank network of other banks, this is the network of banks is used to facilitate forex currency exchange trading.

The most favored Forex trading software is known as MT4 Platform (or MT4), MT4 platform is easy to learn and has some of the best charts and this MT4 charting package comes with Indicators for technical analysis.

Many Forex traders agree that the best Forex Online Demo Trading Platform is the MetaTrader 4 software. When doing forex platform comparison most traders compare other softwares as full of bugs, with a poorly designed user interface that is hard to use and navigate with, and sub-standard technical analysis tools to choose from.

Most Online forex brokers have even switched to MT4 software after facing pressure from their clients to implement this trading software. Some opting to provide a choice between, their own forex currency software and also the MetaTrader 4 software, among others like Currenex forex trading software.

MetaTrader 4 Platform - Demo Platform Trading

The MT4 platform is a software for trading the financial markets. The MT4 platform has versions for both PC computers and Mobile phones. MT4 software is a tool used by online traders to get access to the online forex market, interpret price charts & place forex orders through to their MT4 software. The MT4 software is owned by the forex currency broker from where you can download it for free from their site.

Key features of MT4 Software - Demo Platform software:

• Extremely Fast Execution.
• Real time summary of client‘s order, account equity, floating profit & loss
• Chart based Click Transaction via MetaTrader 4.
• Market Analysis Tools and Technical Analysis Tools - indicators
• Automated Forex programming language and Forex Expert-Advisors (Expert Advisor).
• Daily Account Trading Statement Sent to Clients E-mail
• Complete Forex technical analysis package, with wide range of built in indicators & charting tools.
• Multilingual user interface - English, Arabic, German, Spanish, French, Chinese, Russian

These features make the MT4 software platform the most favored Demo Trading Platform software.

As a beginner trader you can download Demo Platform MetaTrader 4 Software & practice trading with these Forex tools on a demo trading practice account.