Demo Forex

Discussion in 'Forex' started by Danielle Davidson, Oct 9, 2015.

  1. Ekolpok

    Ekolpok

    It is very convenient to work out your strategy, on a demo account you can immediately understand where there are problems.
     
    #241     May 16, 2021
  2. Usually, in demo start with big capital like $5k, maybe better learn in demo uses amount capital equivalent with money that will be invested in the real trading account, let say if trader have plan start with $100, in the demo they learn uses $100 and look the progress, if ready, a trader can try to use the micro account or cent account, first time in real trading I use micro account FXOpen
     
    #242     May 16, 2021
  3. Dugrel

    Dugrel

    It is better to practice on a demo account of the broker with whom you will cooperate
     
    #243     May 18, 2021
  4. Yes, if let say will use FXOpen broker then the demo account can start with creating an account demo on this broker, its to introduce the platform, leverage, value per pips, spread, etc.
     
    #244     May 18, 2021
  5. tedmos38

    tedmos38

    Most of the demo accounts doesn't expire if there is some activity running on.
     
    #245     May 19, 2021
  6. Petra

    Petra

    Demo trading is very beneficial. Fore newbies, can learn and for experienced traders, they can use demo account to backtest their strategies.
     
    #246     May 20, 2021
    Geffry likes this.
  7. Yes, of course, demo account like as the first stage before going to next stage, if in demo account seriously to finding reliable trading strategy, it worth, but most novice trader only treats demo like as playground, for fun because free of the risk.
     
    #247     May 23, 2021
  8. Thanag

    Thanag

    Quite a lot of good things have already been said about the demo account, and the conclusion suggests itself that it is necessary to work with it.
     
    #248     Jun 4, 2021
  9. Maybe the most trader use demo account with a high initial deposit like as $5000, but when start in real trading only uses $100, I think it's good if learn in the demo also uses amount fund that will be invested later in real account.
     
    #249     Jun 6, 2021
  10. Geffry

    Geffry

    True, must spend good number of months on it for practicing, Atleast 6 mo, what do you say guys
    ?
     
    #250     Jun 7, 2021