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Thread: What is the demo account.

  1. #1

    Default What is the demo account.

    Dear i am new in trading of forex market, please tell me about demo account.

  2. #2
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    Demo account is a valuable tool for both beginners and experienced traders and demo account is good for traders who are new in forex. Use it to learn the fundamentals of the foreign exchange market, familiarize ourselves with broker trading platform, assess the quality of your price pride feed and test our technical analysis tools with no risk to our funds.

  3. #3

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    Demo accounts are very helpful for beginners as it can give you real market experience, you can test your skills and knowledge about the forex market....

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    Quote Originally Posted by vic84 View Post
    Demo accounts are very helpful for beginners as it can give you real market experience, you can test your skills and knowledge about the forex market....
    We also can use demo account to take part in demo contest too. I also use demo account from TenkoFx to take part in demo contest. Although we can not be the winner, there is experience that we can get from demo contest. The experience is the most valuable thing when we take part in demo contest.

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    Demo account is must thing for every new trader. Demo account is very helpful both for new trader as well as old and experienced traders. With demo trading you can get good knowldge and experience about Forex and also you can test your strategy if it works or not. Every trader must trade Demo account for at least six months.

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    yes, every trader who wants to trade a real account mandatory to learn in a demo account before starting to trade on a real account. with a demo account we can get a lot of good trading skills. many of things we can do with a demo account.

  7. #7

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    Quote Originally Posted by CahCuncun View Post
    yes, every trader who wants to trade a real account mandatory to learn in a demo account before starting to trade on a real account. with a demo account we can get a lot of good trading skills. many of things we can do with a demo account.
    Its not mandatory but it is very important to start trading with Demo account, where you can learn about the market without loosing your money.

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    Quote Originally Posted by fxapex View Post
    Its not mandatory but it is very important to start trading with Demo account, where you can learn about the market without loosing your money.
    Yes,I think demo account is the most important to learn forex business.Only demo can give you the real trading experience.So we should practice in demo for a long time.

  9. #9

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    Quote Originally Posted by tenkofx View Post
    Yes,I think demo account is the most important to learn forex business.Only demo can give you the real trading experience.So we should practice in demo for a long time.
    Even the most experienced trader uses Demo accounts to check their strategies, its really helpful, doesn't matter if you are a Newbie or a Experienced trader.

  10. #10
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    facility of demo account is a brokerage that can be used to learn trading, leverage test, test trading strategies, etc., so the demo account has massive benefits for traders. otherwise there will be a demo account many traders are getting losses

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