Learn to Trade Forex with Free Trading Tools from City Index Australia
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Learn to Trade Forex with Free Trading Tools from City Index Australia

Downloading requires you to have access to the YouScribe library
Learn all about the services we offer
2 Pages
English

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Learn to Trade Forex with Free Trading Tools from City Index Australia PR Newswire LONDON, August 6, 2012 LONDON, August 6, 2012 /PRNewswire/ -- The forex market is the world's most traded over-the-counter (OTC) market, with an average turnover in excess of US$4 trillion per day.

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Learn to Trade Forex with Free Trading Tools from City Index Australia
PR Newswire LONDON, August 6, 2012
LONDON,August 6, 2012/PRNewswire/ --The forex market is the world's most traded over-the-counter (OTC) market, with an average turnover in excess ofUS$4 trillionper day. Forex trading, commonly known as 'foreign exchange', 'forex' or simply 'FX', is the act of exchanging one currency for another at an agreed price. Below, we look at how you can learn to trade forex with free trading tools from forex provider City Index Australia. Forex trading carries a greater element of risk and is not suitable for all investors. Theuse of leverage could result in you losing more than your original investment, making it imperative that you utilise the range of risk management tools available to you as a City Index Australia account holder.
Free Trading Tools for Learning to Trade
Those who are new to trading the global currency markets can improve their trading potential through free forex trading tools and education recourses from City Index Australia. Such tools can help new traders to learn about the foreign exchange markets whilst also building their trading confidence and familiarising them with the range of trading platforms available. Through the City Index Australia site, traders have full, free access to their dedicated trading education section; offering webinars, seminars, a demo trading account and guides to managing risk plus more. These tools aim to help you to fulfil your trading potential, no matter what your level of forex knowledge. Below, we take a closer look at one of many free forex trading tools - a demo trading account.
Demo Trading Account
It can be a daunting process when making your first trade. With that in mind, it is important to practise first. Through the City Index Australia demo forex trading account you can test all you have learnt through your trading strategy and analysis by trading your chosen market with a virtual cash balance of AUD$10,000 and therefore at no risk to your capital. As a new trader looking to start trading forex, opening a demo forex account will let you familiarise yourself with the City Index Australia trading platform before committing to a live forex trading account. For four weeks, you can trade prices on 37 currency pairs for free, across a custom-built, easy-to-use platform with live streaming prices.
Start Trading Forex Today
Trading forex is a popular choice for many traders; as one of the world's largest financial markets, those new to trading are advised to regularly set time aside to check their positions and manage their demo forex trading account. Find out more and start trading forex today through the City Index Australia website. About City Index: Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform. City Index is a leading global provider of margined foreign exchange and CFD trading. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. To learn more visit: http://www.cityindex.com.au/ Trading FX on margin carries a higher level of risk, and may not be suitable for all investors.