ehsanji Posted September 5, 2011 Share Posted September 5, 2011 When I had no idea about ForEx business, virtual account was good enough for me. It helped me a lot to learn about it. But now that I have learned the DOs and DON'Ts of ForEx, I am sometimes messing with the Live ForEx account, and sometimes I am successfully making money from it. It is dangerous to do ForEx business without a proper training, so having a virtual account is beneficial. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted September 8, 2011 Share Posted September 8, 2011 I believe that Virtual trading is for newbies to know the basics of trading and once when they have tried the demo account, they can switch on to the real money trading. I have been trading with real money but did try to demo before as I was not some how did this forex market work... Quote Link to comment Share on other sites More sharing options...
budado Posted September 13, 2011 Share Posted September 13, 2011 Demo is good if you want to know how things work in forex. Later on try to join real account. Try to look for broker that offers free bonuses. Even if you don't invest money. Just use that free funds to earn you good amount and later on you can even withdraw that earnings. And if you loss you loss nothing as you only trade the free bonuses. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted September 13, 2011 Share Posted September 13, 2011 Demo is good if you want to know how things work in forex. Later on try to join real account. Try to look for broker that offers free bonuses. Even if you don't invest money. Just use that free funds to earn you good amount and later on you can even withdraw that earnings. And if you loss you loss nothing as you only trade the free bonuses. Â Demo trading can help a novice trader to learn how to trade and a few basics about forex trading without letting them to risk a single penny. All they have to do is to find a broker offering Demo account for trading and register with them. As demo trading is done with virtual money, there is no requirement for depositing any money on demo accounts. Quote Link to comment Share on other sites More sharing options...
Postworker23 Posted September 15, 2011 Share Posted September 15, 2011 The trading requirements for virtual and real trading are the same. The advantage of virtual account is that you will not have to risk any real money because you will get some virtual test money from brokers to test how good you are in trading and how profit you can make. But also if you are creating earnings, you will not be able to withdraw them. But you will win experience and this will prepare you for trading with real forex accounts. Â The advantages with real trading is that you will be able to withdraw all your profits you can make with forex. But you need to know the risk that you can fail and loose all your deposits. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted September 15, 2011 Share Posted September 15, 2011 The trading requirements for virtual and real trading are the same. The advantage of virtual account is that you will not have to risk any real money because you will get some virtual test money from brokers to test how good you are in trading and how profit you can make. But also if you are creating earnings, you will not be able to withdraw them. But you will win experience and this will prepare you for trading with real forex accounts. Â The advantages with real trading is that you will be able to withdraw all your profits you can make with forex. But you need to know the risk that you can fail and loose all your deposits. Â I do agree that real trading can be risky but demo accounts are available for newbies to reduce this risk. A trader can practice and learn as much as he can in Demo account without the fear of loosing any money whatsoever and once he finds trading profitable and learned the basics, he can switch to real account trading and start earning himself... Quote Link to comment Share on other sites More sharing options...
wasi90lkv1 Posted September 15, 2011 Share Posted September 15, 2011 i think it is better to try virtual trading, if you are a newbie. if you want to try real trading as a newbie, you can do that with a small capital. Â in my opinion, big capital should not be used until you become an expert forex trader. Quote Link to comment Share on other sites More sharing options...
budado Posted November 3, 2011 Share Posted November 3, 2011 virtual trading is good to practice strategy that you want to master. Now if you have confidence to trade real money. Then that just the time you try to open one and invest. But even if you loss don't give up. As losing money in forex is part of experience. As long you learn from it. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 5, 2011 Share Posted November 5, 2011 for me Virtual trading fro practicing our trading skill or developed some strategy in trading, and Real trading , i think we all know about this, emotion and many factor affected the way we take decision to buy and sell Quote Link to comment Share on other sites More sharing options...
mohammadbadr Posted November 6, 2011 Share Posted November 6, 2011 Virtual or demo trading is a very important step before starting real or live trading, and even after starting real trading for testing new strategies and anything that you are not sure about, and do not want to risk your money trying this tool or that. Quote Link to comment Share on other sites More sharing options...
budado Posted November 20, 2011 Share Posted November 20, 2011 Virtual or demo trading is a very important step before starting real or live trading, and even after starting real trading for testing new strategies and anything that you are not sure about, and do not want to risk your money trying this tool or that. As long you learn from every trade its really good to trade in virtual account. Because even if you make mistakes you will not going to loss money. Sad to say if you really into forex trading and start trading right away using real money. You end up losing lots of money. That's the sad part. And even if you are successful in virtual account. When you trade real account. Theirs always some difference. Quote Link to comment Share on other sites More sharing options...
stezz Posted February 12, 2012 Share Posted February 12, 2012 i'm starting with real money and learn from there because if using virtual account i cant be seriously when trading because i know if loss that money i will not loss anything Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 13, 2012 Share Posted February 13, 2012 i'm starting with real money and learn from there because if using virtual account i cant be seriously when trading because i know if loss that money i will not loss anything  Well, you can indeed, learn it all using a real trading account but this might entail losses upon losses before you get to the point where you start winning. For me, it is better to use demo trading at first, but it is different for many people. Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 29, 2012 Share Posted March 29, 2012 The virtual or demo trading is one in which real money deposited by the forex is not present. The money here is not real and so the trader can afford to blow up the account and then open a new one. It is important t hat the demo account trading should be taken seriously even though the money in those accounts are not real. Quote Link to comment Share on other sites More sharing options...
Stekin Posted April 29, 2014 Share Posted April 29, 2014 The trader will need the two types of trading. If he or she is still new in the forex market, he or she will be trading with the virtual money in the demo account. When he or she has known how to trade in the demo account, he or she can come over to the live account and start trading with real money. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted May 1, 2014 Share Posted May 1, 2014 We can trade with the virtual using demo account and it's useful for beginners who want to learn in forex trading. Demo account should be able to maximize real account if we want to get maximal result in forex trading. And if we want to trade with real account, we should use small amount first. Because it's too risky use big amount. We can start trading with small amount using real account, $10 can be used for trading if you use TenkoFx for trading. Quote Link to comment Share on other sites More sharing options...
rexway Posted May 2, 2014 Share Posted May 2, 2014 Yes that is the right step Demo account is the right place for any trader to start from if you want to earn then get your knowledge enrich from the demo account which is traded from the virtual money before proceed to the real trading account which is always the best Quote Link to comment Share on other sites More sharing options...
jamica Posted May 2, 2014 Share Posted May 2, 2014 in my opinion i think that you must start with a demo account at first ....it is very dangerous to pay just to losse your real cash ....even after that you can start with free capital fromforum posting ...that will minimize the loss if you still loose money Quote Link to comment Share on other sites More sharing options...
standart Posted May 4, 2014 Share Posted May 4, 2014 virtual trading mean that traders trade with virtual money. it serve them no real profit or losses. with virtual money, mean traders take practice. while if traders want to gain real profit, mean they need to trade in live account with real money. Quote Link to comment Share on other sites More sharing options...
surya77 Posted May 15, 2014 Share Posted May 15, 2014 virtual and real trading is depend you style and knowledge how to trade with right, if you have a good trading skill I think you can use a real money to trade in real account. Quote Link to comment Share on other sites More sharing options...
adil007 Posted June 1, 2014 Share Posted June 1, 2014 Virtual trading is trading in demo account and it is only for practice so that we get to know how to do trades and make a strategy or test pairs while real one involves real money and everything in it is for real. Quote Link to comment Share on other sites More sharing options...
johnstyle Posted June 7, 2014 Share Posted June 7, 2014 Virtual trending is a service of option house, LLC nothing in this service is Intended to be an investment recommendation, financial, tax or legal advice. Its provided without warranties or representations as to this service or to the market data represented. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted June 10, 2014 Share Posted June 10, 2014 If we trade with demo account and lose our balance we will not lose our money. But if we use real account, surely we will lose our money if we get loss here. Forex trading is risky business and we do not have good psychology and money management, we willnot get maximal result. We also must have good skill and improve it. Open a PAMM account with TenkoFX for the chance to manage up to $100,000 Quote Link to comment Share on other sites More sharing options...
letter5 Posted June 10, 2014 Share Posted June 10, 2014 well what i notice is that you may decide to face a virtual trading in oder to know how your trade will look like but whenever you now decide to trade with your real money that is when you will now failed so that is it. Quote Link to comment Share on other sites More sharing options...
letter5 Posted June 10, 2014 Share Posted June 10, 2014 well what i notice is that you may decide to face a virtual trading in oder to know how your trade will look like but whenever you now decide to trade with your real money that is when you will now failed so that is it. Quote Link to comment Share on other sites More sharing options...
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