Gee Dee Posted November 26, 2018 Share Posted November 26, 2018 Demo trading account is one of the basic trading tools which can help a foreign currency exchange trader to acquire basic trading ideas without taking the risks of losing money. As well as I consider that my elongated expedition with demo trading accounts is serving me great help and support as at least I can think rationally before taking any trading decisions. Thereby, I personally recommend every trader to employ sufficient time in their education. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted November 29, 2018 Share Posted November 29, 2018 Yes agree with you. Demo accounts are immensely helpful. It is not only for educational purposes but for experienced traders who want to try their new ideas in live trading conditions. Quote Link to comment Share on other sites More sharing options...
oliver1007 Posted February 5, 2019 Share Posted February 5, 2019 When about to transact with using real money, then we must prepare the heart for ticking quickly especially when open position first on real accounts. Quote Link to comment Share on other sites More sharing options...
lal.remigiusz Posted February 6, 2019 Share Posted February 6, 2019 The benefits of a demo account is preparing and shaping character (mental) its good to be a Forex trader Gold professional. Remember something done over and over again will become habitual (habit). A habit that is done continuously to form characters. And the character that eventually became a lifestyle (lifestyle). Quote Link to comment Share on other sites More sharing options...
bearhugs Posted February 15, 2019 Share Posted February 15, 2019 Trading is the absolute antithesis of human behavior. In order to succeed, you need to constantly put yourself in a situation where you have a high chance of losing one of the most important things in life, money. Quote Link to comment Share on other sites More sharing options...
bigxy Posted February 15, 2019 Share Posted February 15, 2019 When about to transact with using real money, then we must prepare the heart for ticking quickly especially when open position first on real accounts. Obviously real money is needed to make money, otherwise there are many options available in the demo account where you can make a lot of money with virtual funds but they cannot be withdrawn. Quote Link to comment Share on other sites More sharing options...
earnmaster Posted February 19, 2019 Share Posted February 19, 2019 This is good way to learn trading. One need to analyse every trade and learn from that. Demp accounts helps in a big way. Quote Link to comment Share on other sites More sharing options...
anna.semera Posted February 19, 2019 Share Posted February 19, 2019 What's the difference between a demo and live trading account? Quote Link to comment Share on other sites More sharing options...
boltushkin Posted February 19, 2019 Share Posted February 19, 2019 Demo trading account is one of the basic trading tools which can help a foreign currency exchange trader to acquire basic trading ideas without taking the risks of losing money. As well as I consider that my elongated expedition with demo trading accounts is serving me great help and support as at least I can think rationally before taking any trading decisions. Thereby, I personally recommend every trader to employ sufficient time in their education. Yeah that's why I trade on Hotforex demo for 6 months before risking money on their live account. Basically I gained enough experience and understanding of how platform works, which saved me from some frequent mistakes, newbie traders make on live account. Quote Link to comment Share on other sites More sharing options...
bigxy Posted February 22, 2019 Share Posted February 22, 2019 What's the difference between a demo and live trading account? Demo accounts are offered by almost every broker with free virtual money to test the broker processes without investing any money with them. Live accounts are where you deposit funds in order to initiate trading. Quote Link to comment Share on other sites More sharing options...
oliver1007 Posted February 25, 2019 Share Posted February 25, 2019 what needs to be prepared before using demo trading? Quote Link to comment Share on other sites More sharing options...
oliver1007 Posted March 21, 2019 Share Posted March 21, 2019 demo trading account as an exercise of the newbie before the dove in the forex world. Quote Link to comment Share on other sites More sharing options...
Nselaine Posted February 27, 2020 Share Posted February 27, 2020 Of course, you need to take the opportunity to test yourself and the platform on a demo account and then when you are confident in your ability to switch to a real account. Quote Link to comment Share on other sites More sharing options...
Gosida Posted March 9, 2020 Share Posted March 9, 2020 Many newcomers first stop at a demo account to gain some practice and then move on to the real one. Quote Link to comment Share on other sites More sharing options...
Sandre Posted March 10, 2020 Share Posted March 10, 2020 Some beginners are afraid to take a step and switch from a demo account to a real one. Quote Link to comment Share on other sites More sharing options...
Kigalmaran Posted March 20, 2020 Share Posted March 20, 2020 When we choose a broker, we do not fully understand how the platform will work and a demo account is a good way to study it. Quote Link to comment Share on other sites More sharing options...
Laizar Posted March 21, 2020 Share Posted March 21, 2020 I switched from a demo to a real one with the broker Amarkets without any problems. Because it was prepared by managers. Quote Link to comment Share on other sites More sharing options...
Blan Posted March 23, 2020 Share Posted March 23, 2020 I would advise you not to listen, that a demo account is a useless thing Quote Link to comment Share on other sites More sharing options...
Roberts Posted March 24, 2020 Share Posted March 24, 2020 The main thing is to have a good broker, then a demo account will be useful. Quote Link to comment Share on other sites More sharing options...
bigxy Posted March 25, 2020 Share Posted March 25, 2020 Demo account can be helpful in choosing the right broker however it is really hard finding a reputed broker these days so better if we can go doing some research before finalizing any broker. Quote Link to comment Share on other sites More sharing options...
Pyridge Posted August 10, 2020 Share Posted August 10, 2020 demo account is useful in any case, when I started working on the Expertoption platform, the demo helped a lot in analyzing the trading functionality, now I work for real profit Quote Link to comment Share on other sites More sharing options...
bearhugs Posted August 17, 2020 Share Posted August 17, 2020 Demo Accounts are available to everyone, and LMFX allows up to 3 demo accounts per trader. This allows you to test their platform and execution times, or allows less experienced traders how to practise trading with zero risk. you’re given up to $100,000.00 USD in demo funds per demo account, but if you need more, LMFX uniquely offers traders the chance to re-load demo funds. Quote Link to comment Share on other sites More sharing options...
gds221 Posted August 17, 2020 Share Posted August 17, 2020 For a beginner, working with a demo account is simply necessary. He himself began to work with the demo account of the Amarkets broker, and was satisfied with the results of the training. Quote Link to comment Share on other sites More sharing options...
Cordawield Posted August 18, 2020 Share Posted August 18, 2020 Trade on a demo account until you understand mentally and are almost ready to go to a real account. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted August 18, 2020 Share Posted August 18, 2020 If you are new in this forex market you should gather all knowledge first. You can gather knowledge of forex from many ways. The best way to learn forex properly is to trade with a demo account. A demo account will help you to learn all the basics of forex properly. It has no need to invest any money. So the risk is zero in the demo account. But you can trade here like the live account. I am also a trader. I am currently trading with Forex4you. i also opened a demo account when I was entering into the market. I learned all the tools and techniques of forex from the demo account. This is the most effective method of learning forex practically and perfectly. Quote Link to comment Share on other sites More sharing options...
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