What happens when demo accounts expire ?

The new trader should use the demo platform but it should be unlimited. It is not possible to develop skills in 90 days.

Skills should be developed by trading on demo platforms with unlimited time. It is possible to control emotions.

It is frustrating that many broker limit demo accounts to 14 days now. That is too short to learn anything

Primarily when a demo account expires, it can be reactivated by the user using the same email id, or you can register again.

the broker i trade with does not renew the demo account. it expires after 30 days

If I am not mistaken, not all companies have a limited time limit.

brokers delete such accounts. some after 1 month, some after a few years

Your trading data will intact until you will not choose to delete it.

It is better to start your learning process way before you sign in for a demo account. Only start using a demo account when you think you are ready and just want to practice, but if 90 days are less you can always request extension of the validity of the demo account. Most brokes happily do that.

@necolesilvers Yes you are right. Basic understanding of the Forex market and trading should be achieved before opening a demo account.

a normal broker will not delete an account after a week or two, if yours does so then you should think about changing a broker

This largely depends on the conditions of the broker. For example, I work with a broker from Amarkets, and there the demo account is not limited in time. For this reason, I can work on the demo as much as I want.

croisssan posted:
This largely depends on the conditions of the broker. For example, I work with a broker from Amarkets, and there the demo account is not limited in time. For this reason, I can work on the demo as much as I want.

Demo is the best place for learning.

Sometimes if you contact a broker directly they will extend the expiry of a demo account

Staff posted:
Yes, data will remain intact until you choose to delete it.

Of course, I have the same opinion.

cranberrythekid posted:
Sometimes if you contact a broker directly they will extend the expiry of a demo account

Yes. You are right.

Demo account funds are not real money so it should not be any problem to add more funds to the accounts.