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Demo Accounts - Which ones stay open with no recent trades?
Členom od Oct 14, 2014
1 príspevkov
Jan 01, 2015 at 07:52
Hi guys,
Can you please advise which brokers allow you to keep Demo accounts open indefinitely? I'm currently using Alpari UK but they close them down after 30 days of no trades and I want to list my demo accounts on here on a monthly basis. As I am now done with Dec14, there will be no more trades on that account but I need to keep all the trades I did on it "clickable" via MyFXBook.
Thanks
Can you please advise which brokers allow you to keep Demo accounts open indefinitely? I'm currently using Alpari UK but they close them down after 30 days of no trades and I want to list my demo accounts on here on a monthly basis. As I am now done with Dec14, there will be no more trades on that account but I need to keep all the trades I did on it "clickable" via MyFXBook.
Thanks
Členom od Aug 27, 2017
875 príspevkov
Feb 27, 2019 at 08:22
To be honest, new traders should avoid these type brokers; since only 30 days even 6 months are not enough in general. So, using a wide demo service is important.
keeping patience.......
Členom od Feb 14, 2019
9 príspevkov
Feb 27, 2019 at 11:22
Even if they close them down after 30 days you can just open another one. I know that Admiral will give you a demo account for life if you open a live account with them
Členom od Aug 11, 2017
870 príspevkov
Mar 02, 2019 at 10:13
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Členom od Aug 09, 2017
598 príspevkov
Apr 10, 2019 at 11:36
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
Členom od Aug 27, 2017
875 príspevkov
Apr 26, 2019 at 12:29
Mohammadi posted:
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Nice to know, you used the demo on the right way! By the way, I have one question to you; if you don’t mind actually! How many months you used the demo?
keeping patience.......
Členom od Apr 18, 2017
659 príspevkov
Apr 29, 2019 at 10:43
Adribaasmet posted:Mohammadi posted:
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Nice to know, you used the demo on the right way! By the way, I have one question to you; if you don’t mind actually! How many months you used the demo?
I don’t know; why you asked that question; because as I see; it varies on traders to traders! But generally it takes such a long time to learn Forex.
Členom od May 14, 2019
5 príspevkov
May 15, 2019 at 05:47
AmDiab posted:Adribaasmet posted:Mohammadi posted:
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Nice to know, you used the demo on the right way! By the way, I have one question to you; if you don’t mind actually! How many months you used the demo?
I don’t know; why you asked that question; because as I see; it varies on traders to traders! But generally it takes such a long time to learn Forex.
true, trade on demo until you think your strategies are ready to be applied on real money. once your strategies are up and working, only then shift to real account.
Členom od Apr 18, 2017
700 príspevkov
May 15, 2019 at 07:14
Roberto21 posted:
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
I don’t think; in the beginning stage; demo contest is relevant; since new traders need to focus on learning only.
Členom od Aug 09, 2017
598 príspevkov
May 20, 2019 at 11:01
according to me, if any newcomer has 6 months demos experience including a knowledge from pips school , $500 is more appropriate to kick off a live account.
Členom od Apr 18, 2019
24 príspevkov
May 24, 2019 at 07:14
I can't say which one exactly, but that is really bad, you shouldn't deal with that brokers anyway. I assume demo account should be open for something like .....indefinite term of use, cause you may have other plans or something like that. They shouldn't force you to live one.
Členom od Aug 11, 2017
870 príspevkov
May 27, 2019 at 10:52
trading in demo is useful , but there is no real money , for that reason we don't trade here seriously. but in demo trading on various currency is really supportive to increase trading knowledge.
Členom od Aug 09, 2017
598 príspevkov
May 27, 2019 at 11:53
demo is good bu the experience we took generally from here practically
not works when trading in a live , its a reality,
not works when trading in a live , its a reality,
Členom od Apr 18, 2017
700 príspevkov
May 27, 2019 at 15:15
Imamul posted:
demo is good bu the experience we took generally from here practically
not works when trading in a live , its a reality,
In this case, we need to work with small trading balance of demo! Because, I see with a healthy virtual balance, new traders lose their momentum too early!
Členom od May 28, 2019
9 príspevkov
May 28, 2019 at 11:25
If a broker offers limited periods demo account just call them and they will extend it
Členom od Apr 18, 2017
659 príspevkov
May 29, 2019 at 10:54
MaximePips posted:
If a broker offers limited periods demo account just call them and they will extend it
Really? Interesting, but I though they are very straight forward on this time period rule on demo.
Členom od Aug 09, 2017
598 príspevkov
May 29, 2019 at 12:38
in Fx The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
Členom od Aug 27, 2017
875 príspevkov
Jun 25, 2019 at 05:36
Imamul posted:
in Fx The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
I don’t think, it’s good choice! I mean, having any particular target on demo! New traders should practice their demo until they have a consistent result! Otherwise, the live trading will be painful.
keeping patience.......
Členom od Aug 09, 2017
598 príspevkov
Sep 07, 2019 at 09:13
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading experience.
Členom od Apr 18, 2019
28 príspevkov
Sep 07, 2019 at 17:12
Yes, I do agree with many people that they should allow to trade on demo for like 1 year probably and then switch you to paid anyway. See my point ? I am totally lost here completely. Thanks for this matter, I do hope to work with it. Glad to have you here.
