Tindenucac Posted July 21, 2020 Share Posted July 21, 2020 as long as necessary, you always need to understand when a trader is ready for a real account, for example, I once used a demo from Expert Option and now I'm only glad for it, a very practical option for parsing what's what Quote Link to comment Share on other sites More sharing options...
maspluto Posted July 22, 2020 Share Posted July 22, 2020 a good and correct understanding must indeed be able to be considered properly, this is needed and needed so that traders can become better and more optimally in carrying out trading activities in accordance with expectations with Tickmill. Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 23, 2020 Share Posted July 23, 2020 In general, I started trading with broker Amarkets, and naturally, used a demo account. In my opinion, a beginner needs at least 2-3 months to get the necessary knowledge and skills. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted July 23, 2020 Share Posted July 23, 2020 12 minutes ago, gds221 said: In general, I started trading with broker Amarkets, and naturally, used a demo account. In my opinion, a beginner needs at least 2-3 months to get the necessary knowledge and skills. Yes 2-3 months is ok I also spent two months on my Hotforex demo before I move to live account. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted July 24, 2020 Share Posted July 24, 2020 Mostly new traders think that trading in Forex market would be very easy as well as earning money. But the reality is earning money in Forex market is the most difficult tasks in the world. But there are many ways to become successful. Forex4you is an experienced Forex broker who give me proper trading guideline and expert assistance so that I have improved my trading skills as well as earning huge money as per my demand.  Quote Link to comment Share on other sites More sharing options...
Mezigis Posted July 27, 2020 Share Posted July 27, 2020 Each newbie should feel for himself when he is ready to switch to a real account. Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 27, 2020 Share Posted July 27, 2020 I started my career as a trader with broker Amarkets. Also with a demo account, of course. He worked for about 2-3 months, then switched to the main one. Quote Link to comment Share on other sites More sharing options...
Michael Butcher Posted August 25, 2021 Share Posted August 25, 2021 I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted August 30, 2021 Share Posted August 30, 2021 On 8/25/2021 at 11:56 AM, Michael Butcher said: I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information. We can easily learn doing our trades with the help of the DEMO Trading accounts. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 28, 2021 Share Posted November 28, 2021 It is really possible for a beginner to initially work on a demo account and this is very important. When I started working with a broker from ExpertOption, I also devoted a lot of time to working on a demo account. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 29, 2021 Share Posted November 29, 2021 19 hours ago, Vaabum said: It is really possible for a beginner to initially work on a demo account and this is very important. When I started working with a broker from ExpertOption, I also devoted a lot of time to working on a demo account. We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 29, 2021 Share Posted November 29, 2021 The most important thing for a beginner is to pay attention to working on a demo account. I think this is really a very important aspect. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted November 30, 2021 Share Posted November 30, 2021 New traders try to develop skills by doing demo trading, but for how long? I think demo trading should be done as long as you can't make a consistent profit. For example, I have developed skills by doing 5 months demo trading on Eurotrader platform. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 30, 2021 Share Posted November 30, 2021 Until the trader himself is confident in his abilities Quote Link to comment Share on other sites More sharing options...
bearhugs Posted November 30, 2021 Share Posted November 30, 2021 A demo account is a type of account offered by trading platforms that is funded with fake money, enabling a prospective customer to experiment with the trading platform and its various features before deciding to set up a real account. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 1, 2021 Share Posted December 1, 2021 The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading together with Tickmill. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted December 1, 2021 Share Posted December 1, 2021 There are many benefits to practicing M-trading. A lot of profit can be made in trading if you can trade by gaining the right knowledge. That's why demo platform is best for practice. A lot of knowledge can be gained from this platform. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 2, 2021 Share Posted December 2, 2021 When I worked on the demo account of the broker ExpertOption, I did it until I was completely sure of my knowledge. As for me, this is a really important aspect for a trader. Quote Link to comment Share on other sites More sharing options...
Namu Posted December 5, 2021 Share Posted December 5, 2021 On 12/2/2021 at 9:35 PM, Vaabum said: When I worked on the demo account of the broker ExpertOption, I did it until I was completely sure of my knowledge. As for me, this is a really important aspect for a trader. there is a lot that the broker provides, all of which must be carried out according to the plan to make trading easier, and indeed at FreshForex broker itself traders must be able to run it properly so that when taking advantage of the services and facilities provided, big profits can be generated. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 5, 2021 Share Posted December 5, 2021 I believe that this should be done within 1-3 months. In another case, the trader may simply not have enough time. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted December 6, 2021 Share Posted December 6, 2021 New traders need to use demo platform for skills development. Skills can be developed using demo platform. Proper money management and risk management skills help a trader a lot to develop. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted December 6, 2021 Share Posted December 6, 2021 I would say there is no set time limit on it, how long you stay on demo should be determined based on how long it takes you to get consistent. Many recommend several months because if you have data over a longer time period, it gives you a clearer picture about how profitable you really are. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 6, 2021 Share Posted December 6, 2021 It is really important for a beginner to work on a demo account. This is important to pay attention to in order to gain experience. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 7, 2021 Share Posted December 7, 2021 Existing demo accounts and educational programs must indeed be able to be considered properly, this is needed so that traders can get more leverage in getting the security and comfort of trading together with Tickmill. Quote Link to comment Share on other sites More sharing options...
James Mcgrant Posted December 8, 2021 Share Posted December 8, 2021 My advice for newbies trading with a demo account and looking to trade live, I suggest trading with the demo account till you have gained enough forex knowledge and make consistent profits. Quote Link to comment Share on other sites More sharing options...
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