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Demo trading
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005500

Member Since May 14, 2020  5 posts 005500 Jun 25 at 11:32
For a new trader, Demo account is a good way to practice and learn. Practice as much as you can, once you are confident enough, you can move to live trading.

tilenmlakar

Member Since Jun 26, 2020  3 posts tilenmlakar Jun 26 at 06:22
Hi to all,

i'm a newbie here and in this industry, so apologies if this seems a stupid questionsmiley

Read a lot that demo trading is something different than real trading, even if you use the same broker, platform, trading with the same leverage and so on.

Is it true or not?

Macyjones

Member Since May 06, 2020  6 posts Macyjones Jun 26 at 07:16
Mohammadi posted:
The demo account is really important for all kinds of traders in particularly the newcomers. in my trading career, after passing a long time I still depend on demo account for some inevitable reason, I use all my trading strategies first of all in demo account to see the performance how it works. this approach always helps me for avoid risk in live account when trading practically. What is your experience in demo ?

When I started trading I used demo account for 2 months to undertsand the strategy and techniques.

Andronn

Member Since Jun 30, 2020  10 posts Andronn Jun 30 at 08:51
Some underestimate the demo account, but it really helps a lot.

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EURUSD 1.12761 GBPUSD 1.25562
USDJPY 107.53 USDCAD 1.36051

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.