Disclaimer: Forex Trading is risky. You could lose some or all of your investment. Do not invest more than you can risk losing.
With proper guidance, Forex trading could prove to be very profitable. This is an incredible opportunity to learn how to trade Forex currency pairs with virtual money instead of risking your real money. In the example below, I use my preferred broker. I chose this broker as they offer all currency pairs, stocks, commodities and cryptocurrencies.
Step 1: Go to your phone's app store. Download Metatrader4, NOT 5.
Step 2: In Settings, tap on the + and OPEN A DEMO ACCOUNT
Step 3: In the search field, type: CryptoRocket-Demo3
Step 4: Complete the Personal Information section.
In Account Information, the account type should be "Rocket"
Leverage should be 1:500
Deposit is the amount of virtual money in your account. If you are serious about learning, use the amount that is closest to what you would deposit in real money. Once you get better at achieving 50 PIPS per day, you will see it in your balance.