Importance of Demo Account/virtual account in Forex

[myregister]

with a demo account so we can follow the demo contest. if we can win in a demo contest then we will be able to get a gift for trading capital. for that, the demo account has great benefits for traders

Demo contest is just for the sake of earning rather than learning, but who doesn't want to earn money without need to spend their own money? Who doesn't want? And usually the prize is without any hidden terms. But only 3 or 4 or up to 6 traders who can win, so even you make profit doesn't mean you're the best in contest because only limited trader who able to reap this advantage.

[radex78]

Demo contest is just for the sake of earning rather than learning, but who doesn't want to earn money without need to spend their own money? Who doesn't want? And usually the prize is without any hidden terms. But only 3 or 4 or up to 6 traders who can win, so even you make profit doesn't mean you're the best in contest because only limited trader who able to reap this advantage.

Yes right only as winner that will eligible getting prize contest, and might hard to compete with expert trader to get victory, but this is also one opportunity to making money with zero capital, and many trader take part in contest they all wishes will become one winner, I think with demo contest also as trader they can trying use extreme stratregy with free rsk while take part in contest also backtesing extreme strategy

[myregister]

Demo account is totally important since its introduction the face of foreign exchange is totally change not just as the riskier business but to be a lucrative and less risky, also the upcost to trade in forex is totally lower compared to when forex only has real account. This account is totally made to lower the risk and as the place to market broker's functionality.

[radex78]

Yes demo account still very important for trader espoecially beginjner they can making early preparation in demo account with backtesting any system trading but also will good if in demo already involved about money management and risk management, so if good habit in demo can bring to real account it will help to making better result I think

[Levie]

I think demo account must be the first step for all new traders. Demo account is very important and must be assume as a live account, If we can than we can train our mentally to be discipline and patience. Also in demo account we can forward test our own trading system, so we can develop it into a profitable system. After that can be use in live account to make more profit.

[novarisa]

I think demo account must be the first step for all new traders. Demo account is very important and must be assume as a live account, If we can than we can train our mentally to be discipline and patience. Also in demo account we can forward test our own trading system, so we can develop it into a profitable system. After that can be use in live account to make more profit.

 

It;s very important to learn and mastering on how to do trading forex well because we need to prepare ourselves with proper training before risking our investment on real account.

[Milo Beck]

It;s very important to learn and mastering on how to do trading forex well because we need to prepare ourselves with proper training before risking our investment on real account.

Exactly, it’s important to understand the value of learning and never stopping it, we often stop learning when we start making profits, but I believe learning is a never stopping process and should continue forever. We can easily avoid risk if we’re well trained and do regular practicing.

[myregister]

@marthur There is a time where we should stop learning and focusing to make money. I know this sound a bit controversial, but what i want to emphasize here is that learning should be done in appropriate way. Not too much nor too small. So, the conclusion is learn first for some period of time then earn to see how much you learn so far, is that sustainable for you?

[aliforex]

Keep learning although we already get profit in forex, because we should make it consistent if we want to earn more profit. Try to learn from our trading experience too if we want to earn more profit in forex trading.

[novarisa]

Keep learning although we already get profit in forex, because we should make it consistent if we want to earn more profit. Try to learn from our trading experience too if we want to earn more profit in forex trading.

 

It's much better to keep our demo account even we're proftable in real account which is really good to keep our trading skills trained 

[uncle gober]

In demo account you can practice your trading very easily without any tension. You can check whatever indicator or strategy you want to try without having fear of losing real money. But if you want to trade without any deposit, TICKMILL provide free 30$ no deposit bonus

[novarisa]

 

In demo account you can practice your trading very easily without any tension. You can check whatever indicator or strategy you want to try without having fear of losing real money. But if you want to trade without any deposit, TICKMILL provide free 30$ no deposit bonus

 

 

Agree with this. In fact, make it more serious with only insert the same amount of deposit in demo account with the actual money you got to use in your real account.

[radex78]

Agree with this. In fact, make it more serious with only insert the same amount of deposit in demo account with the actual money you got to use in your real account.

We can use amount capital according our decision, we can register demo account through metatrader and choose demo server and fulfilled form registration with typed amount capital according the money that will prepared later in real account, for learning purposes this is good for trader pracrtice in demo

[myregister]

Demo account without joking to its functionality is one of the best account for testing, it made for that for learning and of course for testing your new strategy or someone's strategy you want to use. Without demo ccount exist anyone can easily lose and many trader would lose their money easily in forex, and forex wouldn't be so attractive.

[hansonudo2]

Getting started first in the demo account is the first and right step this is where you get learn all the skills that is needed for you to become successful and this is what the business is all about

[Godsent2]

Demo account is very important without demo account there is nothing you can do because it is the demo account that make you to develop your self and ensure that you are on the right track as well this keep every good trader warming.

But if you have the money to hire a professional to coach you then that will be the best

[tray22]

Demo account and virtual account is good but the first place which we need to invest our focus is the demo account and not the real account since we can make fortune with our skills and knowledge and this alone is what make us up

[uncle gober]

demo account a risk free trading where a trader can deeply study abount market movement.He can observe the support and resistance levet of market.There is a good way to learn under demo account before start in real account.

[gaban]

The demo account using virtual money that only a demo account is very important for traders to improve trading skills as well without risk. for that we have to use a demo account to the maximum. In the absence of a demo account so many traders who suffered many losses

[novarisa]

The demo account using virtual money that only a demo account is very important for traders to improve trading skills as well without risk. for that we have to use a demo account to the maximum. In the absence of a demo account so many traders who suffered many losses

 

It's kinda like a simulation for your trading experience, you can use many methods and pick the one that suits to your trading style. It takes time to make you really ready for real trading.

[hansonudo2]

Demo account is the best place where we need to start for sure I hope we all know that demo account is the best place and the nice way to win never trade forex when you dont have sufficient skills and experience this will make you loss so we go for the experience first before proceeding further

[pepy]

The demo account using virtual money that only a demo account is very important for traders to improve trading skills as well without risk. for that we have to use a demo account to the maximum. In the absence of a demo account so many traders who suffered many losses

Yes the key here is without any risk, it is good to know that demo account is exist to us because without that i don't know how much money i should spend when i start to trade in forex, and maybe because of demo account the cost to trade in forex is lower rather than other kind of similiar businesses.

[skyrock]

All this things are all true in the forex market I can say that demo account hold important factor and the reason why we should use it using demo account make us to know that nothing is easy in the forex market.

At least this give us what will make us to win in this field and that is since we are going to aquire more knowledge to trade forex

[tray22]

Demo account have a great role to play in our life yes the demo account is the right account which we need to proceed from when you have demo account then you can get started from there it is the best way to trade and win.

 

Forex trading is a good type of market first dont give up ensure that you have better understanding of what you are doing before moving forward

[pepy]

In fact demo account play great roles for everyone who trade in forex, there are bigger chance for us to be a better trader with demo account rather than without demo account, The importance of demo account cannot be challenged but it seems only few that still use their demo account intensively after earn in real account