David Meyers Posted January 22, 2021 Share Posted January 22, 2021 Almost all broker offers a demo account to practice trading with virtual money. The main purpose of demo trading is to learn the mechanics of trading without losing money. You don't need to be in any hurry to rush into the live market which especially new traders. Take your time to learn. I spend almost 7 months in demo trading and after that, I open a micro account in Eurotrader for only $50. Link to comment Share on other sites More sharing options...
Resolve Posted January 24, 2021 Share Posted January 24, 2021 On 1/22/2021 at 11:15 PM, David Meyers said: Almost all broker offers a demo account to practice trading with virtual money. The main purpose of demo trading is to learn the mechanics of trading without losing money. You don't need to be in any hurry to rush into the live market which especially new traders. Take your time to learn. I spend almost 7 months in demo trading and after that, I open a micro account in Eurotrader for only $50. Those Forex traders who are joining this business have to understand that they need to start doing their trades in the Demo trading accounts. In this way the risks will not be present and they will be able to do trades in the live feed prices. Link to comment Share on other sites More sharing options...
Matheus Schotsman Posted February 21, 2021 Share Posted February 21, 2021 Demo account is incredibly useful for new traders. I think Demo account empower student to see how the trading framework functions. With demo trading traders can sharpen his trading systems. Nevertheless, it is the live account that improves you as a trader. You have to trade with certifiable money to get the hold of the market. I started my trading with Eurotrader in their demo platform which works unimaginably well and synchronized to the live market prices. Presently I trade with them in their live market. They very low spreads. And minimum deposit is 50$. Link to comment Share on other sites More sharing options...
uncle gober Posted February 22, 2021 Share Posted February 22, 2021 Existing demo accounts and educational programs must be able to run properly, this is needed and necessary so that traders can be better and can be more maximal in carrying out trading activities that are in line with expectations while on a real Tickmill account. Link to comment Share on other sites More sharing options...
Resolve Posted February 22, 2021 Share Posted February 22, 2021 3 hours ago, uncle gober said: Existing demo accounts and educational programs must be able to run properly, this is needed and necessary so that traders can be better and can be more maximal in carrying out trading activities that are in line with expectations while on a real Tickmill account. In the business of Forex trading we have to make use of the demo trading account because with the help of Demo account we can learn trading without any risk. Link to comment Share on other sites More sharing options...
maspluto Posted February 23, 2021 Share Posted February 23, 2021 Existing demo accounts and educational programs must be able to be considered well, this is needed and necessary so that traders can be maximized in generating profits that are in line with expectations with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted February 23, 2021 Share Posted February 23, 2021 12 hours ago, maspluto said: Existing demo accounts and educational programs must be able to be considered well, this is needed and necessary so that traders can be maximized in generating profits that are in line with expectations with Tickmill. We should understand that Trading is Risky so we have to first of all learn our trading with the help of DEMO accounts. Link to comment Share on other sites More sharing options...
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