Demo trading

[Fx Mental]

The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way.  But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works. 

[tradesprint]

Demo accounts serve as the key fundamentals in developing traders skills, those who are successful in trading have traded demo account for more than six months before moving to their live trading accounts.

[Sininfinity]

Demo accounts are not just helpful for beginners. Demo accounts are helpful for experienced traders as well who want to test out their new strategies.

[Pixie Pips]

The terminal has to become your companion instead of being an unknown environment. You have to understand what all the features mean, how they work. You should know how the price moves and why does it do it.

[tradesprint]

On 1/17/2019 at 11:29 AM, Sininfinity said:

Demo accounts are not just helpful for beginners. Demo accounts are helpful for experienced traders as well who want to test out their new strategies.

Yeah i hundred percent agreed with you because it is always helpful in my opinion.

[Gilstern]

I also find that demo accounts can be used for many purposes. It is very suitable for new traders to practice their skills, but I am still using demo account to test new indicator that I am planning to use or new trading strategy. They are great tool

[Guest Linop]

I find also that demo accounts are very useful for every trader no matter if he or she is beginner or not. There could be found many purposes for demo from learning, practicing, testing new methods, indicators, even testing EAs, if somebody prefer to trade with robots. Demos are great invention !

[Pixie Pips]

Demo accounts are useful for those who are serous and think that it is as real money trading for their training of Forex. But those who are just rookie traders can not learn from it.

[Sininfinity]

There are many who has to learn things the hard way. Despite so many warnings, there are many newbies who can't control themselves to trade live and lose money.

[Pixie Pips]

There are many newbies who are misguided by Social websites that they can have more money with real money but dont show the real risk of the market.

[Zelethale]

I fully agree that demo account is the best place to start learning forex and to gain initial experience about trading on this market. It can also be useful for development of strategy and testing different trading methods

[Pixie Pips]

Many traders are using demo for many reasons and it is useful tool for many ones in this market. If one is new to market then he must try demo first to gain knowledge about the market.

[Zelethale]

I find that demo can be used for various things. Aside from learning, for which it is most commonly used, traders can also use it for testing brokers new platform and get familiar with it. You can also test some new trading method and see if it fits you better than the old one

[tradesprint]

Mostly these demo accounts are offered without depositing any money with the broker, means that we can test the brokers processes with the virtual money added by them.

[Garpolen]

Demo accounts provided by broker are for free. Also you dont need to deposit any funds on it,as you will eventually trade with virtual money which would be assigned to your account.This is perfect opportunity for all beginners to learn about Forex trading and prepare themselves good for real account

[mlawson71]

Demo accounts are great both when one wishes to learn safely and when one is already experienced but wishes to test a new strategy.

[Sam Patrick]

Turning out to be conquered is an inner aim of every trader. But to be a gainer, every trader requires basic support from his broker that will provide all the essentials a trader demands. Such as learning facilities, lower spread, moderate leverage, and good risk management tools.

I am glad that my broker Forex4you is offerings me free market analysis, 24/7 customer care support, education, lower 0.1 spread with moderate leverage of 1:1000. They are really good as a broker.
 

[Ross Edwards]

To become a profitable forex trader, one should choose the best trading techniques. Trading techniques and strategies is mainly responsible for making profit. different broker has different trading techniques. We should choose the best one which match with our strategy. I choose TP Global FX as my broker. I can easily apply my trading strategy with them. They are very supportive and helpful. They give me all kind of facilities in my trading.
 

[Jo Eshuijs]

No one is perfect and someone has some inborn quality. But in case of Forex trading you have to develop you trading capability and skill to survive in this largest economic market profitably. Making good profit is every trader’s dream. I am fulfilling my trading dream by getting the help of my reliable broker Forex4you. They give their entire clients professional guideline and expert assistance by giving continuous service 24/7.

[maspluto]

The quality of existing trading must be able to be considered properly, this is done so that traders can be better and can be maximized in carrying out trading activities in accordance with expectations with Tickmill.