Demo accounts

Apip_saepudin

Recruit
Messages
14
Train your trading skills in demo account is a must if you're really beginning your step in this business. Some failed traders considering this business as money wasting machine because they traded recklessly in live account without any proper training in demo account.
 

Mark Fahad

Banned spammer for MxTrade and TradingBanks
Messages
24
Demo trading is a master place to acquire all basic fundamental knowledge that is very supportive to kick off a live account in a proper way. But, practically, we the traders in particularly the newcomers don’t believe the important of this trading place at all. By using demo account, it can be a great source to acquire exact trading knowledge and any one can use his trading strategy in demo trading to see the performance how it works. So, the importance of demo trading is extremely for all kinds of traders.
 

EuroTrader

Sergeant Major
Messages
1,052
Demo trading is a master place to acquire all basic fundamental knowledge that is very supportive to kick off a live account in a proper way. But, practically, we the traders in particularly the newcomers don’t believe the important of this trading place at all. By using demo account, it can be a great source to acquire exact trading knowledge and any one can use his trading strategy in demo trading to see the performance how it works. So, the importance of demo trading is extremely for all kinds of traders.

Many of the traders have gained substantial amounts of trading expertise by using the Demo trading accounts and also learning from them :D
 

nahiyar

Private, 1st Class
Messages
838
Our start is normally with demo accounts they are for training purpose . Traders learn basic trading and its rules on demo to apply them on real trading .Demo accounts are free of cost not involve your own money just give you practice of trading.
 

EURUSD

Sergeant Major
Messages
1,133
Many of the traders have gained substantial amounts of trading expertise by using the Demo trading accounts and also learning from them :D
Yes this is good place to learn and practice forex trading in real market condition using virtual money, and will better spent time in demo for beginner before inversting real money because if in demo still often fail hence will sure in real also will same
 

EuroTrader

Sergeant Major
Messages
1,052
Yes this is good place to learn and practice forex trading in real market condition using virtual money, and will better spent time in demo for beginner before inversting real money because if in demo still often fail hence will sure in real also will same

If we are using the Demo trading accounts then trades will be easy for us and we will be able to know when we can do profitable trading easily :)
 

trading4u

Recruit
Messages
2
Pro: limitless opportunities of strategy testing, no stress
Con: demo accounts tend to work way too different than the actual trading accounts + STRESS
 

Anna Sergeeva

Private
Messages
20
I think that all, even experienced and successful traders, use demo accounts. It helps to create trading strategy and build self-confidence. And experienced traders use it to test new strategies and new brokers. So we all use it)
 

ForexVerified

Private, 1st Class
Messages
582
Pro: limitless opportunities of strategy testing, no stress
Con: demo accounts tend to work way too different than the actual trading accounts + STRESS

If we put stress aside, you are right that demo accounts work differently. But that's only for spread and slippage. If you are a swing trader, chasing for 100+ pips it won't make a major difference between real and demo.
 

EuroTrader

Sergeant Major
Messages
1,052
If we put stress aside, you are right that demo accounts work differently. But that's only for spread and slippage. If you are a swing trader, chasing for 100+ pips it won't make a major difference between real and demo.

We are having many choices of Demo trading accounts with us. The main thing we have to understand is that if the broker is giving us ECN Demo accounts they will certainly help us in fast learning from the markets :)
 
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