Nilde Lucchese Posted November 18, 2021 Share Posted November 18, 2021 Many people start trading without spending money. A demo account is a place to trade with virtual money. It's a practice account. Therefore, new traders are advised to open a demo account with a regulated broker like Eurotrader and practice there for a couple of months. The broker also offers smart, user-friendly trading apps for mobile users. Link to comment Share on other sites More sharing options...
uncle gober Posted November 19, 2021 Share Posted November 19, 2021 The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading in accordance with expectations together with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted November 22, 2021 Share Posted November 22, 2021 On 11/19/2021 at 11:34 AM, uncle gober said: The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading in accordance with expectations together with Tickmill. We will need to make use of such kind of a Forex Broker that is Truly International like FXOpen 🙂 Link to comment Share on other sites More sharing options...
maspluto Posted November 23, 2021 Share Posted November 23, 2021 The selection of the existing broker must be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted November 29, 2021 Share Posted November 29, 2021 On 11/23/2021 at 8:22 AM, maspluto said: The selection of the existing broker must be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading with Tickmill. We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen 🙂 Link to comment Share on other sites More sharing options...
David Meyers Posted December 4, 2021 Share Posted December 4, 2021 Traders, especially beginners, often lose enough money to blow their accounts because the risk was too high to use high leverage. But I always trade with small leverage. Traders should embrace risk management psychology before the actual trading. I learned it from the free educational materials of the broker Eurotrader. My broker also offers trading with tight and low spreads, fast executions, high leverage up to 1:500 powerful trading tools, etc. Link to comment Share on other sites More sharing options...
Resolve Posted December 7, 2021 Share Posted December 7, 2021 On 12/4/2021 at 11:08 PM, David Meyers said: Traders, especially beginners, often lose enough money to blow their accounts because the risk was too high to use high leverage. But I always trade with small leverage. Traders should embrace risk management psychology before the actual trading. I learned it from the free educational materials of the broker Eurotrader. My broker also offers trading with tight and low spreads, fast executions, high leverage up to 1:500 powerful trading tools, etc. If we are looking to get more income from the foreign exchange market we should try to use a test type of trading system Link to comment Share on other sites More sharing options...
Hanan Öberg Posted October 11, 2023 Share Posted October 11, 2023 Develop your outlook before joining Forex trading because Forex market is not a small area of trading. Extensive market knowledge is essential because it helps traders consider different market aspects while analyzing. Knowledge on how to handle volatility need is needed. To enhance traders knowledge, FXOpulence offers free educational program to traders. Link to comment Share on other sites More sharing options...
uncle gober Posted October 13, 2023 Share Posted October 13, 2023 Knowledge is indeed very important in forex. Besides knowledge, preparation and planning are essential. I myself still trade on Tickmill and always implement all of these, so my trading can be more structured. Link to comment Share on other sites More sharing options...
maspluto Posted April 5 Share Posted April 5 Learning is incredibly important in forex trading. That's why I continuously study everything regularly and utilize all the facilities provided by Tickmill. This way, I can deepen my understanding and knowledge of forex trading. Link to comment Share on other sites More sharing options...
Fin_Trader Posted May 6 Share Posted May 6 A demo account is an excellent opportunity to test for free how different trading strategies, indicators and analysis methods work. This gives us the opportunity to personally see the positive and negative sides of the found strategy, refine and improve it for further trading on a real account. Link to comment Share on other sites More sharing options...
skrimon Posted May 6 Share Posted May 6 41 minutes ago, Fin_Trader said: A demo account is an excellent opportunity to test for free how different trading strategies, indicators and analysis methods work. This gives us the opportunity to personally see the positive and negative sides of the found strategy, refine and improve it for further trading on a real account. Absolutely! Demo accounts are a fantastic tool to experiment with different trading strategies and risk-free. This allows you to test, refine, and improve your approach before risking real capital, maximizing your chances of success when transitioning to live trading. Link to comment Share on other sites More sharing options...
maspluto Posted May 8 Share Posted May 8 The demo account facility is extremely beneficial for traders. Besides utilizing the demo account myself, I also take advantage of Tickmill broker's webinars, which allow me to deepen my understanding and knowledge of forex trading. Link to comment Share on other sites More sharing options...
skrimon Posted May 8 Share Posted May 8 1 hour ago, maspluto said: The demo account facility is extremely beneficial for traders. Besides utilizing the demo account myself, I also take advantage of Tickmill broker's webinars, which allow me to deepen my understanding and knowledge of forex trading. That's a great approach! Demo accounts are invaluable for practicing strategies and familiarizing yourself with the markets without risking real capital. Complementing that with educational resources like Tickmill's webinars is a smart way to gain a well-rounded understanding of forex trading before going live. Link to comment Share on other sites More sharing options...
Fin_Trader Posted May 13 Share Posted May 13 Also, on a demo account in the tester, you can test any Forex advisor and see how it works, study its algorithm and settings. After which you can optimize it for trading some currency pair. Link to comment Share on other sites More sharing options...
uncle gober Posted May 14 Share Posted May 14 Indeed, all the facilities provided by a broker should be utilized to their fullest extent by traders. It's through these broker-provided resources that traders can enhance their understanding and maximize their trading potential at Tickmill. Link to comment Share on other sites More sharing options...
Fin_Trader Posted May 27 Share Posted May 27 We often lose money when we are in a hurry. We want to quickly start making money on Forex. Hence the frequent losses and disappointment. Therefore, it is better not to rush, but to create your trading strategy on a demo account. The market will always give us the opportunity to earn money when we have knowledge and practice. Link to comment Share on other sites More sharing options...
maspluto Posted May 30 Share Posted May 30 The demo account facility is incredibly beneficial in forex trading. That's why I always utilize the demo account and attend webinars from Tickmill, so that in the future, I can have a better understanding and improve my trading skills. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted September 12 Author Share Posted September 12 A demo account is a practice account that allows traders to simulate trading without risking real money. It provides a risk-free environment to test strategies, understand market dynamics, and gain experience. Using a demo account helps build confidence and skill before transitioning to live trading with actual funds. Link to comment Share on other sites More sharing options...
Zeologic Posted September 13 Share Posted September 13 Yes, that's right, in a demo account without risk, it only uses virtual funds provided by the broker which is useful for trading simulations, with a demo account traders can take lessons from the practice of trading in the real market with virtual funds, but the profits obtained are unwithdrawable, demo accounts to practice trading skills before using a real account. Link to comment Share on other sites More sharing options...
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