Thorgagar Posted February 6, 2021 Share Posted February 6, 2021 Demo accounts are designed as learning platforms where users can test themselves, identify their skills, weaknesses and try out new strategies. Quote Link to comment Share on other sites More sharing options...
gds221 Posted February 7, 2021 Share Posted February 7, 2021 It should be understood that both modes play a very important role in the process. For example, when I started working with a broker from Amarkets, I started working with a demo account of this company. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted February 7, 2021 Share Posted February 7, 2021 For demo training, billing is a very important aspect. When I started working with a broker from ExpertOption, I started working with the demo account of this company. Quote Link to comment Share on other sites More sharing options...
Cairdarsy Posted February 14, 2021 Share Posted February 14, 2021 all the same, a demo and a real account are completely different concepts, even take something that is not the same feelings, sensations and desire Quote Link to comment Share on other sites More sharing options...
Rettan Posted February 16, 2021 Share Posted February 16, 2021 The difference is really obvious between these accounts, especially considering the psychological aspects. Quote Link to comment Share on other sites More sharing options...
Pyridge Posted February 17, 2021 Share Posted February 17, 2021 for those who want to try out the high-quality demo functionality and then calmly work for real, I advise you to try the Expertoption broker, you will not regret your choice, I myself have been working with them for almost two years Quote Link to comment Share on other sites More sharing options...
Andrae Posted February 18, 2021 Share Posted February 18, 2021 In my opinion, a demo account is a tool used to understand forex and its live market traders. The real account is where traders invest their capital and trade using their skills and strategy to earn profits. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted February 21, 2021 Share Posted February 21, 2021 Comparing these two accounts just doesn't make sense. When I first started working with the broker ExpertOption, I used the demo for training, and then I started working on a real account. Quote Link to comment Share on other sites More sharing options...
AndrewJ Posted March 5, 2021 Share Posted March 5, 2021 The demo account is most used by beginners to learn about live trade and build strategy, whereas the real account is where the live trades take place, and traders use their skills and strategy to earn profits. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 5, 2021 Share Posted March 5, 2021 In general, in fact, these are two completely different regimes that should not be compared at all. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 5, 2021 Share Posted March 5, 2021 In general, the demo mode is an important stage of preparation before working with the main account. For example, when I started working with a broker from ExpertOption, I started with a demo account.. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 6, 2021 Share Posted March 6, 2021 From experience, I can say that without knowledge in this industry it is generally unrealistic to achieve any results. When I started working, I worked with a demo broker account from Amarkets to gain knowledge. And only then he already moved to the main account. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 6, 2021 Share Posted March 6, 2021 I always start with a demo account, and only then I start working on a real account. For example, when I started working with a broker from ExpertOption, I started with a demo account. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted March 8, 2021 Share Posted March 8, 2021 Demo trading is vital for any newbie who wishes to learn the basics safely and for any experienced trader who wishes to test new strategies, ideas, EAs, etc. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 9, 2021 Share Posted March 9, 2021 I believe that any trader perfectly understands the difference between these accounts, because these are two big differences. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted March 9, 2021 Share Posted March 9, 2021 I think that a lot of newbie traders don't really fully grasp the difference yet. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted March 10, 2021 Share Posted March 10, 2021 A demo account helps traders practice trading beforehand and determine the potential risks of trading since they get to trade in a risk-free environment using virtual money. But a live Forex account is meant for traders who are experienced enough to calculate their risks and place accurate or profitable trades. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 10, 2021 Share Posted March 10, 2021 These two stages in the process of a trader's work really should not be confused. When I first started working with a broker from Amarkets, I used the demo mode. Now I work on the main account and I manage to earn pretty good money. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted March 12, 2021 Share Posted March 12, 2021 Trading the demo account like a real account never works out. There a lot of people who say that they can trade the demo account the same way that they trade the real account, but for me that is one thing hard to understand. There will always be a difference in both accounts. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 12, 2021 Share Posted March 12, 2021 The most important thing a beginner needs to do is work on a demo account. As for me, this is a really very important aspect. When I started working with a broker from Amarkets, I started with a demo account. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted March 12, 2021 Share Posted March 12, 2021 I think it's certainly one of the most important things. Another is to find a properly regulated broker, I think. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 13, 2021 Share Posted March 13, 2021 The most important thing is to understand the beginner - the need for training and experience. Without this, it will be really difficult for him to get the desired result. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 13, 2021 Share Posted March 13, 2021 It should be understood that the difference between these accounts is really colossal, and the trader needs both of these accounts. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted March 14, 2021 Share Posted March 14, 2021 I agree. One should never undestimate the importance of a demo account, even if one cannot profit directly to it. It is an indispensable tool. Quote Link to comment Share on other sites More sharing options...
Michael Butcher Posted July 14, 2021 Share Posted July 14, 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...
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