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Posted
On 6/16/2022 at 11:46 PM, Vaabum said:

The most important result of such work is experience. I think that many beginners should pay attention to this. At least, when I started working with a broker from ExpertOption, I paid attention to this.

The trades that we are doing will also depend on many other factors present into the markets.

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Posted

The main thing that traders get from a demo account is experience. I think this is the most important aspect and result that traders get after working on a demo account.

Posted
23 hours ago, Vaabum said:

The main thing that traders get from a demo account is experience. I think this is the most important aspect and result that traders get after working on a demo account.

We will need to learn with the help of the Demo trading Accounts.

Posted

The most important thing is experience. This is what you should pay maximum attention to, and understand that for a trader this is one of the main values.

  • 4 weeks later...
Posted

Traders can get a risk free environment that does not involve any real money or risk, so traders can use it to try out new strategies and skills.

The demo accounts from brokers like Avatrade and FP Markets also provide educational materials that help in developing forex knowledge for newbie traders.

Posted

Through demo trading, traders can trade without any worries about loss of capital or risk. The demo account is a risk-free environment used to develop skills and strategy before entering into live trade.

Posted

The demo account facility is very useful for traders. Where besides we can learn and practice, on a demo account traders can also make plans and strategies to trade on a real account to the fullest with the FreshForex broker.

Posted

The most important thing is experience. At a minimum, when I started working with a broker from ExpertOption, I tried to use a demo account in order to gain enough experience.

Posted
On 8/2/2022 at 7:00 PM, Vaabum said:

The most important thing is experience. At a minimum, when I started working with a broker from ExpertOption, I tried to use a demo account in order to gain enough experience.

You can start trading in the Forex Markets with a Deposit of 100USD in ECN Account of FXOpen Broker :)

Posted

For novice traders or in transition from a demo account to a real account, it is better to use a cent Freshforex account first. With a cent account that has the smallest lot calculation, we can trade with very little risk

Posted

The most important effect of working on a demo account is experience. This is what I consider the most important. That is why I worked on the demo account of the ExpertOption broker for quite a long time.

Posted

I do not argue, for everyone the choice can be individual. I liked the broker from ExpertOption both for training and for further work and I am satisfied with my choice.

  • 4 weeks later...
Posted

Demo accounts provide traders with the opportunity to become familiar with trading software and get a sense of how the market works. Since there is no real risk of money and no real risk of trading, they can trade with various strategies or develop their skills.

Posted

The main thing that a trader gets from a demo account is experience. I believe that this aspect of trading is one of the most important and valuable. Working with a broker from ExpertOption, I started with a demo account.

Posted

Demo money is provided by your broker as desired, but when trading with a demo account, you attempt to open trades without conducting any market analysis. Sometimes you get lucky and make money, but most of the time you lose money. In a demo account, no emotion is allowed, but controlling your emotions is extremely difficult.

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  • 4 months later...
Posted
On 9/8/2022 at 1:08 PM, Vaabum said:

The most important advantage of a demo account is gaining experience. When I started working with a broker from ExpertOption, I used a demo account.

We will have to make the Efforts so that the losses are under control.

Posted
On 1/18/2023 at 5:30 PM, ThomasFernandez said:

It's mostly the experience gained from using a demo account and also the demo account can help traders familiarize with the brokers platforms.

Sometimes I use demo ECN FXOpen broker to test trading strategy or when trying ea and learn trading for fun, in demo account we can trading without fear losing money at all, but we can take benefit from improving trading skills.

Posted

Demo contains everything a trader requires to learn and practise their trading skills. The only thing a demo can't teach you is how to train your emotions, but there are plenty of other things to learn, such as broker platforms and their tools. 

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