Demo Forex

Demo and Live are two different, Demo is just given for trading knowledge and its for practice before entering into live.

There is no emotions in Demo, only live can provide that.

Live will give you the actual experience of trading than Demo.

 

That's right! Demo is the only and the best option available.

 

That's right, but I think demo is still really important to make the base of a forex trader.

 

Demo might not be real trading but every trader uses a demo account before going live, An experience traders tried out his strategy in the demo account before he enters into the real trade, that is why trading in demo is more important.

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Most of the people think that demo and live trading are same but it is not true and with demo trading as a newbie you can only practice the forex trading and after some experience you can start live trading and also can start making money. So never start live trading starightaway, you should first do some practice with demo account and then it will be good to start trading with live account and make money with good stratagies.

 

Well yes, many do that mistake, unknown to the fact that both these accounts are entirely different when it comes to emotional play and money.

 

A demo account is a type of account offered by trading platforms, which is funded with fake money that enables a prospective customer to experiment with the trading platform and its various features, before deciding to set up a real account funded with the customers actual money.

 

demo is best used to practice for starters, testing grounds for many possibilities, Even though i have been trading a hotforex live account for years, i still keep a demo going just incase. wworst comes to worst, simply to place a trade on it that i cant put on live just to see how it goes. lol.

 

Demo Forex helps a-lot to new beginners for Forex market, as its difficult to come up without any skills or knowledge, which will let you down your capital investment, better be well prepared and step in.

 

Demo account helps us when we are a new trader and we must start trading with demo account, with demo account we can make practice and get experience. Without experience and skills, it will be difficult for us to survive in Forex.