Importance of demo trading
Mitglied seit Sep 08, 2020
32 Posts
Oct 06, 2020 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.
Mitglied seit Sep 07, 2020
63 Posts
Oct 06, 2020 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.
Mitglied seit Jul 20, 2020
232 Posts
Oct 06, 2020 at 18:23
Demo trading is very useful for new traders. It is the best option to practice and learn forex trading.
Mitglied seit Jul 20, 2020
298 Posts
Oct 07, 2020 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.
Mitglied seit Sep 18, 2020
31 Posts
Oct 07, 2020 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.
Oct 14, 2020 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.
Mitglied seit Jun 24, 2020
34 Posts
Oct 15, 2020 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.
Oct 26, 2020 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?
Oct 26, 2020 at 09:45
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.
Mitglied seit Aug 24, 2020
13 Posts
Oct 27, 2020 at 12:46
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.
Mitglied seit Mar 16, 2020
54 Posts
Oct 28, 2020 at 11:31
demo accounts are the exact replicas of live accounts, and present real market conditions and one can practice as long as he/she wants.
Mitglied seit Oct 08, 2020
25 Posts
Nov 19, 2020 at 05:43
Consider contacting the customer support. They will be able to help you better.
Nov 19, 2020 at 06:40
Amber_0302 posted:Yes, good for practice.
demo accounts are the exact replicas of live accounts, and present real market conditions and one can practice as long as he/she wants.
But since funds aren't involved, effect of emotions is least in demo. The trading experience is too different from live.
Mitglied seit Jul 19, 2020
318 Posts
Nov 20, 2020 at 18:31
A demo account is the best way to learn forex trading properly and perfectly.
Mitglied seit Jul 20, 2020
341 Posts
Dec 06, 2020 at 10:16
A demo account is the best way to learn forex trading properly and perfectly. Almost all the traders practice first a demo account before strat trading in a live account.
