Stekin Posted March 3, 2014 Share Posted March 3, 2014 It is in the demo account that the newbie traders who don't know how to trade in the live account will be trading first of all for them to know how to trade very well before they will be trading in the live account. The demo account is good because it is going to help the traders to be able to know how they can trade in the live account. This type of trading account does not use real money but make use of fake money. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted March 3, 2014 Share Posted March 3, 2014 Both demo account and real account, they have own advantages in forex. demo account is the first step which should be took by trader to start trading in forex. Using demo account, we can learn many thing, the basics of trading which we will use as long as we trade in forex. Quote Link to comment Share on other sites More sharing options...
Decub Posted March 4, 2014 Share Posted March 4, 2014 @stekin, the Demo account is not meant specifically for the newbies alone. Anyone can make use of this though it is believed that it is the newbies starting point when it comes to Forex. The Demo account can always be a better learning environment for any trader irrespective of your level of skills and experience. Quote Link to comment Share on other sites More sharing options...
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