Which account should be preferred for a forex beginner?

For a new trader, one must always start with demo to ensure familiarity with the market. Demo trading is a good way to test your strategy and ensure it's working before going into a real account. After demo, a trader should go into trading on a cent account, or a mini account first
 
Once a trader becomes confident in his trading skills through demo trading, he can venture into a micro account to test his trading skills. The advantage of a micro account is that you get the experience of a real account but you risk less than a real account. So instead of virtual money, you'll still feel the risk but lose less.
 
Smaller leverage because many new traders were falling victim to high leverage provided by some brokers. High leverage allows you to open more trades on smaller accounts and when things turn against you, account blown is observed.
High leverage need perfecr analysis and a lot of experience . Trader can not deal it with ease as it is painted high leverage benefits , It is advised to use suitable leverage not much high not too low . With low investment one can not use 1:1 leverage , it can be 1:100 or 1:200 for safe trading . Trader who use 1:500 or 1:1000 leverage as it is offered by brokers would be in difficulty with it.
 
Any trader should start with a demo account first, to enable familiarity with the trading environment. That is why it's important for any trader to do a market research and get all the necessary informatio on trading. If you've finished your demo period when you still aren't confident enough and your broker doesn't allow for extension, try elsewhere
 
Demo account agois just for understanding how trading works. However, if you want the real thing and you need to feel self-satisfaction, you can go ahead and trade on a cent account or micro account,depending on what your broker offers. Starting with a standard account can discourage you if you lose too much at ago
 
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