What is a lot?
Lot represents the size of trades in the Forex market. It is the number of currency units you will or want to trade. Brokers often reduced this amount so much that traders can start trading with low capital or money. My broker Eurotrader offer a minimum of 0.01 lot to maximum 1000 lot for all kind of traders in the market. Choose a lot size according to your risk management strategy.
Traders can learn many things from demo. Actually, it is the best place for learning trading. Trader learn about trading platform and broker condition like spreads, leverage, slippage, execution speed in demo account without losing account. Forex4you provide free demo account. If you make a small mistake in real account it will cost you money. So, there no place for mistake in real account. So, learn in demo account and then invest in real account.
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