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Demo Accounts - Which ones stay open with no recent trades?
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
Medlem sedan Aug 27, 2017
875 inlägg
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.......
Medlem sedan Aug 11, 2017
870 inlägg
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.
Medlem sedan Aug 09, 2017
598 inlägg
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.
Medlem sedan Aug 27, 2017
875 inlägg
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.......
Medlem sedan Apr 18, 2017
659 inlägg
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.
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.
Medlem sedan Apr 18, 2017
700 inlägg
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.
Medlem sedan Aug 09, 2017
598 inlägg
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.
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.
Medlem sedan Aug 11, 2017
870 inlägg
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.
Medlem sedan Aug 09, 2017
598 inlägg
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,
Medlem sedan Apr 18, 2017
700 inlägg
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!
Medlem sedan May 28, 2019
9 inlägg
May 28, 2019 at 11:25
If a broker offers limited periods demo account just call them and they will extend it
Medlem sedan Apr 18, 2017
659 inlägg
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.
Medlem sedan Aug 09, 2017
598 inlägg
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.
Medlem sedan Aug 27, 2017
875 inlägg
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.......
Medlem sedan Aug 09, 2017
598 inlägg
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.
Medlem sedan Apr 18, 2019
28 inlägg
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.
