Mar 17 2010 at 04:32
Hi,
Can someone pls tell me if my demo trading transaction details will continue to be available to me on myFXbook even after the demo accounts expire ? Because demo accounts with my broker remain active for trading only for 90days.
Thank you.
Can someone pls tell me if my demo trading transaction details will continue to be available to me on myFXbook even after the demo accounts expire ? Because demo accounts with my broker remain active for trading only for 90days.
Thank you.
Mar 17 2010 at 08:08
Yes, data will remain intact until you choose to delete it.
Mar 17 2010 at 08:13
Great !
Thx for the prompt response.
Have a blessed day.
Thx for the prompt response.
Have a blessed day.
Jul 13 2017 at 12:41
In this case, I would suggest new traders to use the demo trading service who are offering unlimited demo service! Frankly, only 90 days isn’t enough for general new traders! They are offering limited demo service for observing their trading terminal not for learning.
Jul 14 2017 at 07:28
I agree. 90 days is really not enough. Sometimes you need more time for research, develop your strategy, made your mind, go on holiday ... etc Try another demo accounts - there are many many out there :)
Accept the loss as experience
Jun 06 2021 at 10:58
Yes demo is important. We can't test a strategy on live account to know how the strategy works unless have enough money to loss. It's the demo where we should test any strategy first. If it gives good results in demo we can try on live.
Jun 07 2021 at 05:59
AmDiab posted:Yes. It is right. 90 days is too short to understand trading and the market.
In this case, I would suggest new traders to use the demo trading service who are offering unlimited demo service! Frankly, only 90 days isn’t enough for general new traders! They are offering limited demo service for observing their trading terminal not for learning.
Jun 07 2021 at 06:57
True, i have practiced for as long as 6 months on demo, and i assure you its worth all the time.
Jun 07 2021 at 08:17
In most cases, many brokers provide a free demo account with unlimited possibilities.
Jun 07 2021 at 13:47
When your demo account expires, you no longer have the liberty to trade without risk or involving fake capital. I suggest trading with FP Markets because the demo account does not expire until you stop trading in it.
Jun 08 2021 at 00:11
The demo is account is very helpful to make good strategy and plan and you can test your strategy with demo trading and if you feel now all is perfect you can shift yourself to real trading with real money.
Jun 08 2021 at 06:37
As far as I know, when a demo account expires, it cannot be retrieved. You need to create a new one.
Jun 08 2021 at 06:51
Dictiony posted:Yeah right buddy!
The demo is account is very helpful to make good strategy and plan and you can test your strategy with demo trading and if you feel now all is perfect you can shift yourself to real trading with real money.
Do you backtest your strategies on demo account even after starting with real trading?
Jun 08 2021 at 07:12
I believe you should never let your demo account expire, thats something you can always keep for backtesting new strategies. Why would you want to risk your funds all at once, demo is a great way to minimise that risk.
Jun 22 2021 at 17:23
Staff posted:Yes, you are right. I also wanted to give you such advice.
Yes, data will remain intact until you choose to delete it.
Jun 23 2021 at 06:08
No need to worry about expiration of demo account, learning are with you always. Open another demo account with any broker and apply strategies there!
Jun 23 2021 at 07:43
when the demo expires i believe it cannot be recovered. one needs to create another account and then start trading. But may be some brokers it can be receoved and used again.
Jun 23 2021 at 15:25
When the demo account is expired, the only way to retrieve it is by registering again or use a broker that expires only the demo account which is not been used for several weeks or months.
for example, I currently trade with a broker FP markets whose demo account expires if inactive for several weeks.
for example, I currently trade with a broker FP markets whose demo account expires if inactive for several weeks.
Jul 31 2021 at 11:45
You better find a broker that gives demo trading opportunity for long term. To test a trategy one needs at least few months of demo testing.
Aug 25 2021 at 19:44
I don't personally think that traders have to trade on demo account until it's expired, because they just waste their time. You have to trade on demo like on a real account in order to understand the mechanics of trading activity. You shouldn't open a deal with 5000 points for example, because you perhaps can't afford such amount of money per deal on a real account. So, if your demo is expired then you can find another broker which can offer you more points on a demo account. Nevertheless, you should understand that you shouldn't stay too long on demo because it can literally ingulf you and you won't be able to trade on a real one.
