That would be the only smart way to learn and they would not wipe it out in under 24 hours until they are totally mental. I always recommend newbies to open a micro-account, fund it with $100 and only trade 0.01 lots. Those who don't have $100 to invest into their trading education should not be trading to start with. Yes, chances are after a while the account zooms down to zero, but if the traders were somewhat intelligent they would have learned a lot. Repeat the process until you make profits.Ah but how would a newbie learn about the ropes, without the demo. Of course, they could start by opening a live account right away but usually that results in the newbie wiping out their account in under 24 hrs..
In case you do not have $100 you are def in the wrong place.LOL believe me, if everyone had $100 and in multiples to throw away, they would not be trying to work for a living in this market. Instead, they would jet to Bahamas and have a tequila cocktail while watching the sun set..damn, I'm in the wrong place..