boltushkin Posted October 25, 2023 Share Posted October 25, 2023 Demo account is a perfect tool for learning how to trade without taking any risk. But you also have to be aware that there are differences between a demo and a real account. Especially in terms of trading psychology - you don't experience the same emotions as on a real account. That's not to say there's anything wrong with trading on a demo account, you just have to be careful when switching over to a real account. Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 25, 2023 Share Posted October 25, 2023 For beginner traders, the demo account is very useful for learning trading without any risk, you can trade demo ECN FXOpen using MT4 or MT5 or the Ticktrader platform to learn how to attach indicator and learn how to read indicator in the demo account to get understanding and experience backtesting indicators. Quote Link to comment Share on other sites More sharing options...
Namu Posted November 7, 2023 Share Posted November 7, 2023 It is very appropriate for beginners who have just entered forex to use a demo account. By using a demo account traders can learn about forex. However, you have to really pay attention to choosing a broker. That's why I want to ask whether this FXOpen broker has clear regulations? Quote Link to comment Share on other sites More sharing options...
nanamage Posted November 7, 2023 Share Posted November 7, 2023 Demo trading is indeed a valuable tool for gaining experience in the forex trading business. It allows beginners to practice and refine their strategies without risking real money. I'm using a FreshForex demo account to sharpen my analysis skills so that I feel more confident when I start trading with a live account. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 2 Share Posted January 2 On 11/7/2023 at 9:13 PM, nanamage said: Demo trading is indeed a valuable tool for gaining experience in the forex trading business. It allows beginners to practice and refine their strategies without risking real money. I'm using a FreshForex demo account to sharpen my analysis skills so that I feel more confident when I start trading with a live account. With the help of the Demo trades we can make maximum income from our trades in the Forex markets. Quote Link to comment Share on other sites More sharing options...
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