What is a demo account and what benefit does it have for a newbie in the world of foreign exchange  ? Quite simply, it’s an account whereby you trade with virtual money. It allows you to practise trading until you are comfortable to use real money. What better way to get started? It has been a really good opportunity that has allowed me to open my eyes to an area I had zero knowledge about previously. It’s certainly funny how one thing can lead to another and how something unlucky that happens can really bring about an upturn and improvement in your life. Well, maybe I’m speaking too soon. Will try trading with real money tomorrow and will take it from there!