RolexFX

I would suggest all new traders to use Demo account, since demo gives you the feel on how the live trading works and makes it simpler. But the live trading is not the same as Demo the whole way, with demo you can just use it for building strategies and limit the loss.

I feel that just using demo account does not teach anyone about forex, its a huge subject it takes years to become a professional trader. I've been trading for over a year now and i still do not understand forex because there is a lot to learn from it. Demo is just a tool to learn from for a beginner like an introduction to forex trading