That's completely right! Many directly start live trading, which is wrong. They are unaware of the fact that demo trading is really important to know the practicalities and basics.A demo account can really make a big difference in your journey in forex. It is a very effective learning tool to quickly get you up to speed of what forex is all about. It is not only a matter of reading but also knowing how to apply what you have learnt. trading live comes with uncertainty if you are a new trader and you may lose verything you have. Better to train first in a demo account.