Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Importance of demo trading
Previous 1 2 3 4 5 6 Next
Malajind

Member Since Aug 07, 2020  24 posts Malajind Oct 05 at 05:42
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

Member Since Sep 08, 2020  17 posts Hillartrading Oct 06 at 07:36
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

Member Since Sep 07, 2020  36 posts radioactive Oct 06 at 08:00
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

Member Since Jul 20, 2020  113 posts EbonyJones Oct 06 at 18:23
Demo trading is very useful for new traders. It is the best option to practice and learn forex trading.

LeviSievwright5

Member Since Jul 20, 2020  115 posts LeviSievwright5 Oct 07 at 02:24
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

Member Since Sep 18, 2020  11 posts VictorAxel Oct 07 at 06:40
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

Member Since Jul 15, 2020  25 posts lauranutt Oct 14 at 10:35
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

Member Since Jun 24, 2020  27 posts EllisParker Oct 15 at 07:03
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

Member Since Jul 16, 2020  14 posts rosellemunsays Oct 23 at 13:00 (edited Oct 23 at 13:00 )
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

Member Since Jul 15, 2020  25 posts lauranutt Yesterday at 05:32
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?

Previous 1 2 3 4 5 6 Next
Loading
Loading
EURUSD 1.18063 GBPUSD 1.30152
USDJPY 104.616 USDCAD 1.31953

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
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.