Demo vs. Micro Account

Discussion in 'Trading' started by platz, Dec 9, 2020.

  1. rb7

    rb7

    And the last US election was a big fraud!!!:rolleyes:
     
    #11     Dec 15, 2020
  2. speedo

    speedo

    The markets are "rigged" against those who don't know what they are doing and lack the disciplines to do it.
     
    #12     Dec 15, 2020
    rb7 and CALLumbus like this.
  3. kslandman

    kslandman

    Riiiiiiiigt
     
    #13     Dec 15, 2020
  4. Turveyd

    Turveyd

    Demo, Micro back to demo, back to Micro, repeat until sorted then don't get greedy can make more than enough to live off via Micro!
     
    #14     Dec 15, 2020
    CALLumbus likes this.
  5. LMAO so you dont trade because you would be a fool to have this opinion and still give away money.
     
    #15     Dec 16, 2020

  6. Demo accounts allow traders to trade without risk. It is basically for learning.
    Micro account is an actual trading account that allows traders to trade with 1000 units of the base currency.

    If you are absolutely new to trading, go for a demo account and after learning the basics, go for the micro account.
     
    #16     Jan 20, 2021
  7. That really depends on what level of trading they are at. If he or she is an absolute beginner, I say go with demos but if they’re somewhat experienced, micro accounts are great.
     
    #17     Jan 27, 2021
  8. If you have gained some experience, then go for a micro account, or else, start with a demo account only.
     
    #18     Feb 8, 2021
  9. navyelite

    navyelite

    I would suggest a demo account first. Go through various features of the trading platform, test your strategies on demo accounts and then switch to micro accounts.
     
    #19     Feb 9, 2021
  10. I completely agree with you. Newbies don’t need to risk money when they can practice trading on a demo account without having to risk their money. It is the best way of putting your knowledge to the test and seeing where you stand.
     
    #20     Feb 9, 2021