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What happens when demo accounts expire ?
Mar 17, 2010 at 04:32
Anggota Sejak Jan 28, 2010
257 pos
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.
Jul 13, 2017 at 12:41
Anggota Sejak Apr 18, 2017
718 pos
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.
Anggota Sejak Mar 17, 2021
536 pos
Jun 07, 2021 at 05:59
Anggota Sejak Mar 17, 2021
536 pos
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.
Anggota Sejak May 27, 2021
64 pos
Jun 08, 2021 at 06:51
Anggota Sejak May 27, 2021
64 pos
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?
Anggota Sejak Sep 12, 2017
238 pos
Aug 25, 2021 at 19:44
Anggota Sejak Apr 17, 2021
12 pos
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.
Anggota Sejak Mar 16, 2021
477 pos
Anggota Sejak Aug 26, 2021
9 pos
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