Demo Accounts - Which ones stay open with no recent trades?

Jan 01, 2015 at 07:52
2,263 การดู
42 Replies
เป็นสมาชิกตั้งแต่ Oct 14, 2014   1 โพสต์
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
เป็นสมาชิกตั้งแต่ Aug 27, 2017   994 โพสต์
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.
เป็นสมาชิกตั้งแต่ Feb 14, 2019   11 โพสต์
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
เป็นสมาชิกตั้งแต่ Aug 11, 2017   886 โพสต์
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.
เป็นสมาชิกตั้งแต่ Aug 09, 2017   785 โพสต์
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.
เป็นสมาชิกตั้งแต่ Aug 27, 2017   994 โพสต์
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?
เป็นสมาชิกตั้งแต่ Apr 18, 2017   718 โพสต์
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.
เป็นสมาชิกตั้งแต่ May 14, 2019   5 โพสต์
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.
เป็นสมาชิกตั้งแต่ Apr 18, 2017   920 โพสต์
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.
เป็นสมาชิกตั้งแต่ Aug 09, 2017   785 โพสต์
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.
เป็นสมาชิกตั้งแต่ Apr 18, 2019   25 โพสต์
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.
เป็นสมาชิกตั้งแต่ Aug 11, 2017   886 โพสต์
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. 
เป็นสมาชิกตั้งแต่ Aug 09, 2017   785 โพสต์
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, 
เป็นสมาชิกตั้งแต่ Apr 18, 2017   920 โพสต์
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!
เป็นสมาชิกตั้งแต่ May 28, 2019   9 โพสต์
May 28, 2019 at 11:25
If a broker offers limited periods demo account just call them and they will extend it
เป็นสมาชิกตั้งแต่ Apr 18, 2017   718 โพสต์
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.
เป็นสมาชิกตั้งแต่ Aug 09, 2017   785 โพสต์
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.
เป็นสมาชิกตั้งแต่ Aug 27, 2017   994 โพสต์
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.
เป็นสมาชิกตั้งแต่ Aug 09, 2017   785 โพสต์
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.
เป็นสมาชิกตั้งแต่ Apr 18, 2019   30 โพสต์
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.
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