Best forex demo account brokers

Jul 08, 2021 at 17:20
Vistas 2,584
53 Replies
Miembro desde Jul 04, 2021   posts 5
Jul 08, 2021 at 17:20
I have been trading forex on a demo account at eToro. I am really happy with their demo account but I would like to try out different brokers before trading on a live account.

Which brokers also offer good demo accounts?
Miembro desde Apr 24, 2016   posts 16
Jul 08, 2021 at 18:02
try ICMarket great
ridarida1158@
Miembro desde Jul 13, 2021   posts 2
Jul 13, 2021 at 10:23
Most other brokers offer demo accounts. For forex there are a fez etoro alternatives, such as XTB in Europe, Plus500, IG.
Miembro desde Oct 16, 2020   posts 137
Jul 13, 2021 at 11:24
All the brokers offer a demo account. Try out fxview and IC markets. You won’t be disappointed with their demo accounts. They are exacts replicas of their live accounts.
Miembro desde Jul 19, 2020   posts 788
Jul 13, 2021 at 16:48
A demo account is a right platform for trading practice. Where skills can be developed. So every trader needs to practice demo.
Miembro desde Mar 17, 2021   posts 536
Jul 16, 2021 at 09:01
AliaDare posted:
A demo account is a right platform for trading practice. Where skills can be developed. So every trader needs to practice demo.
Yes. it helps a new trader to learn many new things about forex
Miembro desde Mar 16, 2021   posts 477
Jul 17, 2021 at 00:21
Trading on demo platforms gives you an idea about brokers.
Miembro desde Jul 19, 2020   posts 751
Aug 04, 2021 at 05:53
@LukeRachel Yes demo account gives us an idea of the broker. Especially the execution of the broker. Many brokers give to much requotes while placing or closing an order.
Miembro desde Jul 27, 2020   posts 102
Aug 04, 2021 at 11:46
You can trade with fxview, their demo trading is quite similar to real
Miembro desde Jul 19, 2020   posts 788
Aug 04, 2021 at 17:13 (editado Aug 04, 2021 at 17:16)
UweMoench posted:
@LukeRachel Yes demo account gives us an idea of the broker. Especially the execution of the broker. Many brokers give to much requotes while placing or closing an order.
Thank you so much for agreeing with. If you lose consistently, you need to practice the demo.
Miembro desde Mar 28, 2021   posts 617
Aug 04, 2021 at 17:55
For demo trading you can use Eurotrader dot com. It has good demo account well synced with the live market.
Miembro desde Mar 16, 2021   posts 477
Aug 04, 2021 at 18:24
UweMoench posted:
@LukeRachel Yes demo account gives us an idea of the broker. Especially the execution of the broker. Many brokers give to much requotes while placing or closing an order.
It is possible to create trading knowledge using the demo platform.
Miembro desde Jun 12, 2021   posts 132
Aug 05, 2021 at 10:28
when traders trade in a demo account everything is okay , no problem at all but when move in a real account the performance of the broker changes naturally , this is sadly truth.
Miembro desde Jul 19, 2020   posts 788
Aug 05, 2021 at 11:22
SteveHanks posted:
AliaDare posted:
A demo account is a right platform for trading practice. Where skills can be developed. So every trader needs to practice demo.
Yes. it helps a new trader to learn many new things about forex
If you do demo trading, you can gain a lot of knowledge in trading. A demo account is required to create the strategy.
Miembro desde Mar 28, 2021   posts 617
Aug 05, 2021 at 11:46
@AndrewMcCalam54 Yes you are right. In many brokers, demo platform and live trading platform has a huge difference. It's wise to avoid such brokers.
Miembro desde Mar 28, 2021   posts 617
Aug 05, 2021 at 12:00
@Davidfx89 In demo account, you can test your strategy to find out the winning percentage and risk reward ratio. We can not test any strategy directly to live account without knowing properly.
Miembro desde Aug 05, 2021   posts 401
Aug 05, 2021 at 15:00
Most brokers offer demo accounts. The only differences would be that certain aspects like the spread may differ based on the broker.
I started trading on a demo with CedarFX on MT4 and switched to a live account later on. Never had any issues with the demo account, and support is online 24/7 so I suppose that could be helpful if you needed any assistance.
Miembro desde Jun 13, 2020   posts 17
Aug 28, 2021 at 18:44
I suppose traders shouldn't choose brokers according to thia criteria. You know that demo account matters only in case if you need to elaborate a special strategy for your trading activity or edit it. Moreover, it's a good wy to practice if you're a rookie in trading and you're still learning fundamental things in it. Brokers always offer similar conditions on trading on demo account becaise it doesn't matter, everything you should have on demo is a good sum of virtual money in order to train your skills and no more. It's enough for you to trade on demo actually. Brokers should be chosen by other more vital criterias.
Miembro desde Mar 16, 2021   posts 477
Aug 29, 2021 at 01:43
Akasuki posted:
@Davidfx89 In demo account, you can test your strategy to find out the winning percentage and risk reward ratio. We can not test any strategy directly to live account without knowing properly.
Of course, demo platforms are very important in trading. It helps me develop strategies and create ideas about the market.
Miembro desde Feb 20, 2021   posts 53
Sep 15, 2021 at 12:22
Try coinexx. Its demo trading environment helped me practically recognize my trading strengths and weaknesses. Spreads and all are the same in its live and demo accounts.
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