The main task of a demo account is to teach you the basics of trading, to make you understand if you have learned how to trade and give you confidence in real trading. There is no definite period for a demo account, as everyone has a different learning curve. The main thing is to feel confident that you are ready to trade, and then you can start real trading.
Demo account generally is more appropriate to ensure the basic fundamental market experience which is very supportive to continue a live account in a proper way , but not appropriate to make sure brokers performance but shortly you can understand how the broker works.
Jul 16 2020 at 14:05
On average, to adapt to trading, I advise trading on a demo account for about 2-3 months. This time should be enough for you to understand the basics of a trader, to understand the main rules and the basics of trading. The main thing is not to open a large account at once, start with small investments, and then increase your investment over time.
Jul 17 2020 at 07:30
According to me 3-4 months are enough on demo account.
Jul 20 2020 at 07:08
i trade in demo as new Forex trader only 1 month , now i realize it was not enough , minimum beginners should trade 3-5 months on there to bring good knowledge and experience.
Jul 20 2020 at 07:12
Once you are comfortable trading in Demo, try for 4 consecutive weeks in the green.
If a week is in the red start over. This gives you a goal to work towards at least...
If a week is in the red start over. This gives you a goal to work towards at least...
Jul 20 2020 at 10:02
Not more than a month. Demo is just to get familiar with the trading platform. Once you are familiar, have tested your strategies and checked the spreads etc, you are good to go live then.
3 months demo
3 months on cent
then real big
3 months on cent
then real big
Jul 20 2020 at 11:59
At least 3 months. Demo is to help you train to be a Forex trader. Only go live when you can make consistent money on demo
