Demo account or Micro ?

If you are a newbie in forex looking to learn about forex, I suggest using the demo account to learn about market movements and understand the brokers' platforms.

And if you have gained enough knowledge from the demo account and wish to trade live, I suggest using the micro account for lower risk and capital losses.

 

Beginners should first open a demo account to familiarize themselves with how the market works. Once you are comfortable with your knowledge of the market, you should switch to a micro account.

 

I'd say go micro.

If it's worth your time then it's probably worth a non-zero monetary amount of investment.

The real question is always how much.

 

I would say go with demo! Apply strategies and trade acc. to plan.

 

micro account gives me a lot of new knowledge that i never found when trading in a demo account , for that reason i always support micro account instead of demo. thank you

 

If you are making money on demo then move on to a micro account as a way of moving over to live with lower risk.

 

I am really liking the idea though to reduce risk more trading with nano lots seems more better, no?

 

For real trading practice, micro accounts work better because you get well-versed with the live market in real. And it’s obvious that you trade more thoughtfully when your real money is involved. With so many low deposit brokers like finprotrading, eaglefx, one might open a micro account to get the real feel of the market, where emotions play a big role. This element is absolutely missing in demo accounts.

 

both are important just you have to choose the right one according to your trading term and conditions.

 

now i am in demo , using my trading strategy to see the performance how it works , this really a nice approach