Best forex demo account brokers

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?

try ICMarket great

Most other brokers offer demo accounts. For forex there are a fez etoro alternatives, such as XTB in Europe, Plus500, IG.

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.

A demo account is a right platform for trading practice. Where skills can be developed. So every trader needs to practice demo.

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

Trading on demo platforms gives you an idea about brokers.

@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.

You can trade with fxview, their demo trading is quite similar to real

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.

For demo trading you can use Eurotrader dot com. It has good demo account well synced with the live market.

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.

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.

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.

@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.

@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.

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.

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.

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.