Demo account or Micro ?

Discussion in 'Forex' started by Ahmed Solaiman, Jan 7, 2021.

  1. bublu

    bublu

    I would say first start with a demo account and once traded it for as little as six months we should move forward to other live trading account either it is micro or regular one.
     
    #151     Mar 3, 2022
  2. In my initial stage of trading I didn’t use any micro type trading account; I started my trading career by demo as like others newbie! I basically used my practice account for a long period of time to learn the facts of technical & fundamental trading! I think, demo is enough if you are serious on your learning part!
     
    #152     Mar 7, 2022
  3. demo is really important just you have to be focused more , otherwise the result can be useless.
     
    #153     Mar 7, 2022
  4. instead of demo account i prefer micro account . ths supportive to ensure a live trading experience.
     
    #154     Mar 7, 2022
  5. Demo is a waste of time specially for experienced traders. Only a few firms offer live accounts straight away.. I'm on Audacity Capital's Funded Trader Program. I've started with $15K and so far it's progressive
     
    #155     Mar 7, 2022
  6. now trading some exotic pairs in demo to see the performance how it works.
     
    #156     Mar 8, 2022
  7. bublu

    bublu

    Exotics comes up with low liquidity and high spreads in my opinion. However those who wish to trade should trade at their own risk.
     
    #157     Mar 8, 2022
  8. FahadMd

    FahadMd

    agree with your message.
     
    #158     Mar 9, 2022
    Jonavelle likes this.
  9. Logan15

    Logan15

    For newbies without any trading experience, I suggest trading with a demo account because it has no real risk or capital involved in it.

    For beginners looking for live experience, the micro account is a good choice because the risk and invested money in the trade are lower and easily recoverable.
     
    #159     Mar 9, 2022
  10. Are you trading with any prop firm?
     
    #160     Mar 10, 2022