Demo accounts

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
 
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
There is no stress associated with demo account and its good. On the other hand you remain unprepared for trading on live account.
 
Hi 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
 
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

one more Disadvantage: during news there aren't slippages , real account - often has them
 
one more Disadvantage: during news there aren't slippages , real account - often has them
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 execution
 
The only purpose of the demo account is to get adapted to trading with putting on your own style of trading strategy. It is an essential for every trader out there, whether that trader is beginner or experienced. It is a part of the trading and it paid off.
 
I just use the demo when I am testing a new broker or testing new strategy. Nowadays we can just use tradingview simulator for testing new strategies so demo accounts are not much needed to be honest. you cannot check broker trade execution on demo accounts as the real environment is way different than demo.
 
Main advantage is you don't loose any money, Big disadvantage is you don't make any money.
I believe demo is great for learning, getting used to the way things work and generally getting to grips with applying your strategy but it doesn't teach you about the emotions you will feel when you have your own money on the table, that is something you can only learn from a live account and shouldn't be under estimated at all.
 
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