Yeah however it carries little benefit since trading conditions on live is different especially transaction costs.
Demo accounts are good to use but only to an extent. If you want to get real experience, you have to trade with a real account. Use a demo account to check what you will be seeing in the live market and to learn using a trading platform. Once you have a rough picture of the live market in your mind, move ahead with a small live trading account. It is up to you to decide how much you wish to start with.
A demo account is an account that gives you the opportunity to practice with a virtual sum of money. You can practice without any fear of losing money.
you can check out aximtrade, their demo account spread is pretty similar to live trading account as well.
Demo account is for the one who is a newbie and wants to learn about trading. And once the person is confident he can start with a micro account that involves low capital investment. Micro accounts let traders experience live trading with low risks.
AximTrade Demo accounts are available with virtual funds for trading practice and learning. The forex demo account can always be a good way to explore how fast and advanced AximTrade’s platform and services are before committing to a real live trading account. You can also check the promotions and contests for demo accounts to earn prizes and gifts.
the demo account most of the time works to fail, because we trade here with no focus , just time pass as we treat when trading in a demo.
Yeah, while practicing on demo account, strict discipline is required. Then only you can become consistent.