Importance Of Demo Account

[Mr. Peppermint]

2 hours ago, kamran said:

yes while you stay in Forex world you should stay in demo trading as well. Most of the successful experienced traders still practice demo to analyze their new strategies. So to trade with minimum risk of loss demo is must.

Yeah...! Demo is only worth of if you do it seriously, if you just take it lightly and don't pay attention while trading, you will tend to lose lots of money in live trading.

[Pixie Pips]

Working on demo account with serious attitude is necessary for every newbie, then only you will know how real market works and how you are going to deal with it.

[Mr. Peppermint]

Yeah...! Demo Trading is very much useful if done seriously. You need to take it serious if you really wanna learn how to survive in real market.

[ViproMarket]

if it has not been totally plunged in trading forex, traders should be able to use the demo account as a training ground, explanation and introduction to forex trading. in order to establish a good mental at the moment will trade using a real account.

[Guest gaban]

On 12/7/2016 at 10:47 AM, ViproMarket said:

if it has not been totally plunged in trading forex, traders should be able to use the demo account as a training ground, explanation and introduction to forex trading. in order to establish a good mental at the moment will trade using a real account.

Demo accounts are very helpful for us to improve the skills and abilities will be increased even penalaman, forex one easy way to earn money, but it's hard to get his need to perform the process and struggle

[uncle gober]

agree, because if used seriously a lot of knowledge or knowledge that we can get from a demo account. besides the benefit itself is trading demo account using virtual money, in other words it can minimize the risks that exist when we practice or strategy using a demo account.

[Mr. Peppermint]

Demo is the best way to learn about the Forex Trading, Through Demo Trading, you could learn about the each and every aspects of Forex Trading, and that too without any risk of losing money.

[uncle gober]

In starting to learn trading for beginners should learn the basic material in advance, many articles or videos on the web are now looking for it, and practice using the demo account TICKMILL more profitable.

[nextop]

I have tried demo account in many brokers as fxpro, icmarkets, hotforex, but all they are same with their live account. But all they are same, fast execution. I think demo in most brokers are ones. 

[tradesprint]

On 26/12/2016 at 10:22 AM, nextop said:

I have tried demo account in many brokers as fxpro, icmarkets, hotforex, but all they are same with their live account. But all they are same, fast execution. I think demo in most brokers are ones. 

I still have my demo account with hotforex and most of the times, i use it just for the sake of testing any strategy before implementing it to my live trading account.

[ViproMarket]

a demo account is extremely has many benefits. I still prefer to use a demo account at ViproMarkets. to develop strategies for forex before being used on real accounts.

[uncle gober]

absolutely right, if a trader in a sense is enough to use and take advantage of a demo account. I do not think there dalah her to trading using real account. but the use of small funds ter; ebih first with 1: 500 leverage

[Mr. Peppermint]

Demo would only work, if you have seriousness in it. You need to take Demo seriously, else it is of no use.

[Pixie Pips]

Right, Demo is beneficial only, if you work with it serious attitude. If you are using demo for fun and not serious about your work then wasting time is not good idea. Always keep in mind that, as serious you are in demo account it will help as much as you will be in real account. 

[ViproMarket]

absolutely right, it is not uncommon demo account is also used as a trader to prepare a good strategy to use when trading before trading with real account.

[Ross Edwards]

Demo account is a system where trader can trade in real forex market with fake money. It has many advantages. You can learn trading here without risking any money. It’s like cricket practice before playing a real match. I personally think that demo trading is a precious gift from forex market. I usually test my new strategy and techniques in this platform before using in real trade. I use AAFX’s platform because it gives me good execution system.

[Mr. Peppermint]

On 1/7/2017 at 9:14 AM, Pixie Pips said:

Right, Demo is beneficial only, if you work with it serious attitude. If you are using demo for fun and not serious about your work then wasting time is not good idea. Always keep in mind that, as serious you are in demo account it will help as much as you will be in real account. 

Yes, and later you don't just barge into the Market. Demo is just first step, you need to do trading with small amounts, in real account, which could help you to earn some good knowledge of the Forex Real Market.

[Pixie Pips]

On 8/2/2017 at 10:26 AM, Mr. Peppermint said:

Yes, and later you don't just barge into the Market. Demo is just first step, you need to do trading with small amounts, in real account, which could help you to earn some good knowledge of the Forex Real Market.

Tre but for that trade needs skills to trade in a small account because handling the risk with small money is not any easy way for anyone.

[Mr. Peppermint]

Yes, but it is better to learn with small investments, than to make big investments and suffer huge loss. Traders can gain skills by practicing in small capital and later could increase it.

[Sininfinity]

On 1/6/2017 at 2:33 PM, Mr. Peppermint said:

Demo would only work, if you have seriousness in it. You need to take Demo seriously, else it is of no use.

If a trader does this from the beginning then he will save lots of time in this trading. Otherwise after facing losses if he decides to stay then he will have no choice but to take demo seriously.