The demo is account is very helpful to make good strategy and plan and you can test your strategy with demo trading and if you feel now all is perfect you can shift yourself to real trading with real money.
Jun 08 at 06:37
As far as I know, when a demo account expires, it cannot be retrieved. You need to create a new one.
Jun 08 at 06:51
Dictiony posted:
The demo is account is very helpful to make good strategy and plan and you can test your strategy with demo trading and if you feel now all is perfect you can shift yourself to real trading with real money.
Yeah right buddy!
Do you backtest your strategies on demo account even after starting with real trading?
I believe you should never let your demo account expire, thats something you can always keep for backtesting new strategies. Why would you want to risk your funds all at once, demo is a great way to minimise that risk.
Staff posted:
Yes, data will remain intact until you choose to delete it.
Yes, you are right. I also wanted to give you such advice.
No need to worry about expiration of demo account, learning are with you always. Open another demo account with any broker and apply strategies there!
Jun 23 at 07:43
when the demo expires i believe it cannot be recovered. one needs to create another account and then start trading. But may be some brokers it can be receoved and used again.
Jun 23 at 15:25
When the demo account is expired, the only way to retrieve it is by registering again or use a broker that expires only the demo account which is not been used for several weeks or months.
for example, I currently trade with a broker FP markets whose demo account expires if inactive for several weeks.
for example, I currently trade with a broker FP markets whose demo account expires if inactive for several weeks.
You better find a broker that gives demo trading opportunity for long term. To test a trategy one needs at least few months of demo testing.
I don't personally think that traders have to trade on demo account until it's expired, because they just waste their time. You have to trade on demo like on a real account in order to understand the mechanics of trading activity. You shouldn't open a deal with 5000 points for example, because you perhaps can't afford such amount of money per deal on a real account. So, if your demo is expired then you can find another broker which can offer you more points on a demo account. Nevertheless, you should understand that you shouldn't stay too long on demo because it can literally ingulf you and you won't be able to trade on a real one.
