Trading currencies -- or forex, as it is more commonly known -- has enjoyed enormous popularity around the world lately. Beginner forex traders are often encouraged to open a demo account first before risking real money on a live account. This way, they can put their newly learned skills to the test, try out various strategies, and get a feel of market conditions and trade execution without the risk of losing actual funds. There are few signs which can signalize that you are ready to open a live forex account.
