FOREX Account Fundamentals
The time you spend at the computer should be directed 100 percent to trading decisions, not trying to figure out how many pips equals $100, what your leverage factor will be on a trade, or fumbling with the order entry tool trying to remember where the Close Order button is located.
Your goal after you work with a demo account is to open a mini- or micro-account and get your feet wet. Since you do not have a trading method developed as yet, think in terms of finger exercises -- getting familiar with basic FOREX calculations, order types and entry, all the platform features -- all with a demo or micro account.
Figure below shows the basic functionalities you want to learn at this time.
[caption id="attachment_13048" align="aligncenter" width="550"] Basic Demo Account Functionality[/caption]