Demo account or Micro ?

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

  1. Demo accounts are great for learning risk-free, while micro accounts let you trade real money in small amounts once you're ready for live conditions.
     
    #361     Dec 18, 2024
    shine likes this.
  2. Waylen

    Waylen

    A micro account offers real market conditions with lower risk, which is a great way for beginners to practice without the pressure of large losses. It helps build discipline and get a feel for market movements while learning proper risk management. It’s a good stepping stone before moving to larger accounts.
     
    #362     Dec 23, 2024
  3. shine

    shine

    The main thing when trading on a micro account is not to overestimate the risks and to hone your strategy and control your emotions. After all, many beginners often cannot agree with the minimum profit on such a small account and immediately try to quickly accelerate it to a larger size, which leads to a quick loss of their entire deposit.
     
    #363     Dec 24, 2024