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Importance of demo trading

Malajind
Oct 05 2020 at 05:42
75 posts
On demo - accounts, sometimes very good contests are offered, which are quite interesting and then have a good influence on further trading, because some experience is gained.

Hillartrading
Oct 06 2020 at 07:36
32 posts
Forex trading takes a lot of discipline. If you ever want to be successful as a forex trader, then starting out as a demo trader is the best education you can give yourself. Once you feel confident of your skills and strategies, you can move on to live trading.

radioactive
Oct 06 2020 at 08:00
58 posts
Demo trading is always an importance when it comes to newbie because it helps you to strategize and improve your strategy that you have implemented in your trading.

EbonyJones
Oct 06 2020 at 18:23
232 posts
Demo trading is very useful for new traders. It is the best option to practice and learn forex trading.

LeviSievwright5
Oct 07 2020 at 02:24
298 posts
Demo trading is a must to gain trading experience. Basic knowledge cannot be acquired without demo trading. When I join new trading, I can develop skills by doing demo trading for a long time. Every new trader should have at least 6 months of demo practice.

VictorAxel
Oct 07 2020 at 06:40
31 posts
Demo is the best wat to step into the forex trading world. Beginners should spend atleast 5-6 months practicing on it before switching to a real account.

lauranutt
Oct 14 2020 at 10:35
36 posts
True! Demo accounts work great for familiarizing a new trader with the market. Even I started trading through paper currency on the demo accounts of IG and Fxview. And I still use them for testing out new strategies before applying them on my live Fxview account.

EllisParker
Oct 15 2020 at 07:03
34 posts
Yup demo is the best way to begin forex trading for a beginner. It makes you familiar as to how the trading platform works and you can even back test strategies on it.

rosellemunsays
Oct 23 2020 at 13:00
27 posts
lauranutt posted:
True! Demo accounts work great for familiarizing a new trader with the market. Even I started trading through paper currency on the demo accounts of IG and Fxview. And I still use them for testing out new strategies before applying them on my live Fxview account.


I am using MT4/Mt5 demos with IFC markets. I doubt if I will ever get to evaluate fxview. They have some issues with their account creation process.

lauranutt
Oct 26 2020 at 05:32
36 posts
rosellemunsays posted:
I am using MT4/Mt5 demos with IFC markets. I doubt if I will ever get to evaluate fxview. They have some issues with their account creation process.


Shouldn't be a problem with a demo account atleast. Btw, what’s the issue?

rosellemunsays
Oct 26 2020 at 06:37
27 posts
lauranutt posted:

Shouldn't be a problem with a demo account atleast. Btw, what’s the issue?


Not the demo, but the live one. I tried twice to create my account but rejected both times. Filled in the info correctly as well.

lauranutt
Oct 26 2020 at 09:45
36 posts
rosellemunsays posted:

Not the demo, but the live one. I tried twice to create my account but rejected both times. Filled in the info correctly as well.


Might i know if you are trying from US? If yes, please note, fxview doesn’t accept US residents.

Kazile
Oct 26 2020 at 10:09
119 posts
You most likely should contact support to solve this problem, because when I went through the registration of the Amarkets broker, I never had any problems.

rosellemunsays
Oct 26 2020 at 11:39
27 posts
lauranutt posted:

Might i know if you are trying from US? If yes, please note, fxview doesn’t accept US residents.


Right, I am from Arizona. Now I know.

KenAdams
Oct 27 2020 at 07:41
40 posts
One gets a fair idea of how it is gonna feel like in real trading to some extent.

Money Makin Jes (mister_trader623)
Oct 27 2020 at 12:46
13 posts
Ok, we must and all ways DEMO and test our trading plans, only go live when you constantly winnings for at 120 days.. t

Be more financially free then yesterday.
Malonin
Oct 28 2020 at 09:24
5 posts
It seems to me that without a demo account it was quite difficult to immediately navigate a real account and study trading.

Amber_0302
Oct 28 2020 at 11:31
54 posts
demo accounts are the exact replicas of live accounts, and present real market conditions and one can practice as long as he/she wants.

Rosstaylorr
Nov 19 2020 at 05:43
25 posts
Consider contacting the customer support. They will be able to help you better.

Joz8
Nov 19 2020 at 06:40
104 posts
Amber_0302 posted:
demo accounts are the exact replicas of live accounts, and present real market conditions and one can practice as long as he/she wants.

Yes, good for practice.
But since funds aren't involved, effect of emotions is least in demo. The trading experience is too different from live.

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