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How long on a demo account
Mitglied seit Aug 27, 2017
994 Posts
Nov 24, 2020 at 10:30
Mitglied seit Aug 27, 2017
994 Posts
Demo is the most decent way of learning Forex trading, but I also use back testing feature of Mt4 trading platform. Yes, no doubt demo is useful, but it’s a slow process! Besides, back testing is quick process! I used back testing after practicing my demo for 5 months.
Mitglied seit Aug 17, 2020
123 Posts
Jan 11, 2021 at 07:42
Mitglied seit Mar 12, 2018
2 Posts
Hello, I live in the United States. It seems as though we have few Forex brokers here and it also seems that most overseas brokers won't serve U.S. citizens. I would need a broker that will allow me to have a demo account without a time limit and that that demo account would allow full use of the MT4 trading platform. The first broker I had would only allow 1 month and the demo account did not seem to have the full use of the trading platform. Can anyone recommend a could broker for a novice trader like myself?
Mitglied seit Jul 23, 2020
869 Posts
Mar 08, 2021 at 10:57
Mitglied seit Dec 28, 2020
187 Posts
Sarjohn posted:Also, how long you have started live trading?Fx_howie posted:Good to know that.Sarjohn posted:I also do the same.
I use demo account for more than 6 months to practice trade but even after opening live account I still use demo account for testing new strategies.
Mar 10, 2021 at 07:55
Mitglied seit Aug 11, 2017
886 Posts
I would recommend demo trading for all newbie but as an old trader I get bored of the demo sometimes and I’ve not look back since cause I can use mini account to trade and practice but i no longer need to practice since I have gained a lot of experience in the real market since then so I do not use demo cause its kind of boning but newbie should never pass up that chance because it will help them out significantly to gain more experiences and knowledge and to make mistakes as well. We all need to pass up all of those mistakes with fake virtual money rather than real money for sure.
Mitglied seit Aug 27, 2017
994 Posts
Mar 10, 2021 at 09:40
Mitglied seit Aug 27, 2017
994 Posts
Demo is the most decent way of learning Forex trading, but I also use back testing feature of Mt4 trading platform. Yes, no doubt demo is useful, but it’s a slow process! Besides, back testing is quick process! I used back testing after practicing my demo for 5 months.
Mitglied seit Jul 23, 2020
759 Posts
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