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Best forex demo account brokers
Member Since Jul 13, 2021
2 posts
Member Since Mar 17, 2021
494 posts
Member Since Mar 16, 2021
447 posts
Aug 04, 2021 at 05:53
Member Since Jul 19, 2020
749 posts
@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.
Aug 04, 2021 at 17:13
(edited Aug 04, 2021 at 17:16)
Member Since Jul 19, 2020
742 posts
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.
Member Since Mar 16, 2021
447 posts
Aug 04, 2021 at 18:24
Member Since Mar 16, 2021
447 posts
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.
Member Since Jun 12, 2021
132 posts
Aug 05, 2021 at 11:22
Member Since Jul 19, 2020
742 posts
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.
Aug 05, 2021 at 11:46
Member Since Mar 28, 2021
586 posts
@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.
Member Since Aug 05, 2021
394 posts
Aug 05, 2021 at 15:00
Member Since Aug 05, 2021
394 posts
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.
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.
Aug 28, 2021 at 18:44
Member Since Jun 13, 2020
17 posts
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.
Member Since Mar 16, 2021
447 posts
Aug 29, 2021 at 01:43
Member Since Mar 16, 2021
447 posts
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.
Member Since Feb 20, 2021
51 posts

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