Best forex demo account brokers

Jul 08, 2021 at 17:20
Przeglądane 2,581
53 Replies
Uczestnik z Jul 04, 2021   5 postów
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?
Uczestnik z Apr 24, 2016   16 postów
Jul 08, 2021 at 18:02
try ICMarket great
ridarida1158@
Uczestnik z Jul 13, 2021   2 postów
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.
Uczestnik z Oct 16, 2020   137 postów
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.
Uczestnik z Jul 19, 2020   788 postów
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.
Uczestnik z Mar 17, 2021   536 postów
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
Uczestnik z Mar 16, 2021   477 postów
Jul 17, 2021 at 00:21
Trading on demo platforms gives you an idea about brokers.
Uczestnik z Jul 19, 2020   751 postów
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.
Uczestnik z Jul 27, 2020   102 postów
Aug 04, 2021 at 11:46
You can trade with fxview, their demo trading is quite similar to real
Uczestnik z Jul 19, 2020   788 postów
Aug 04, 2021 at 17:13 (edytowane 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.
Uczestnik z Mar 28, 2021   617 postów
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.
Uczestnik z Mar 16, 2021   477 postów
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.
Uczestnik z Jun 12, 2021   132 postów
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.
Uczestnik z Jul 19, 2020   788 postów
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.
Uczestnik z Mar 28, 2021   617 postów
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.
Uczestnik z Mar 28, 2021   617 postów
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.
Uczestnik z Aug 05, 2021   401 postów
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.
Uczestnik z Jun 13, 2020   17 postów
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.
Uczestnik z Mar 16, 2021   477 postów
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.
Uczestnik z Feb 20, 2021   53 postów
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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