There is no stress associated with demo account and its good. On the other hand you remain unprepared for trading on live account.Advantages: we can learn the platform, test and create strategies, we haven’t risk, different liquidity providers (from real account).
Disadvantages: there is any stress, emotions, as it seems to me less slippage than on real account
Advantage: There are no risks on a virtual account with simulated money. Thus, mistakes made on a demo account will help you not only learn how to trade, but also avoid them in the future on a real accountHi guys!
Can you name me some advantages and disadvantages of demo accounts?
Advantage: There are no risks on a virtual account with simulated money. Thus, mistakes made on a demo account will help you not only learn how to trade, but also avoid them in the future on a real account
Disadvantage: Forex demo trading provides a virtual environment for trading virtual money. This environment is much the opposite of real-time transactions. Lack of risk prevents traders from coming to terms with the fact that one wrong move can completely destroy their trading
Real account has different server than a demo, but quality server broker also affected to this matter, high traffic trading server could possibly make traffic jam and causing problem server busy, etc that influenced on trading executionone more Disadvantage: during news there aren't slippages , real account - often has them
Yes mostly people do.Surely everyone starts with a demo account ?