Demo Trading is very important.
I would say that demo trading is very important when you want to start trade on Forex. As you know, on currency market we use leverage. There are different position sizes. The basic one is 1 lot. You can open position as big as couple lots (for example 5 lots), or position smaller than 1 lot – this will be micro lot or nano lot. If it sounds not familiar, then you must test it on demo account. Thing is, with leverage it is very easy to blew whole account in matters of few minutes.