Demo account with virtual money

Results 1 to 10 of 10

Thread: Demo account with virtual money

  1. #1
    Senior Member
    Join Date
    Jul 2020
    Posts
    249
    Thanked: 0

    Default Demo account with virtual money

    Demo account with virtual money
    Traders trade in the demo account with virtual money. Otherwise, there is no difference between real and demo accounts. That why traders often eager to jump into real trading. However, the demo account is as much important as a real account. So, always start trading with the demo account and many brokers like Eurotrader offer it for free.

  2. #2
    Senior Member
    Join Date
    Feb 2016
    Posts
    251
    Thanked: 0

    Default

    A demo account is the first primary work for a trader. Sometimes many of the trader trade without practice therefore they may fall in lose which should not be the attitude of good trader so they should practice by demo account with a better brokers like FreshForex who provides access to online teaching class from more than 200 countries all over the world.

  3. #3
    Senior Member
    Join Date
    Feb 2016
    Posts
    251
    Thanked: 0

    Default

    Broker plays a vital role in trading. Without a good broker, no trader can do a profit. Here trader should be selected better brokers like FreshForex Broker which provides free demo account, high security and smart bridge technology and free & adjustable SMS notification.

  4. #4
    Senior Member
    Join Date
    Feb 2016
    Posts
    251
    Thanked: 0

    Default

    A demo account is the first primary work for a trader. Sometimes many of the trader trade without practice therefore they may fall in lose which should not be the attitude of good trader so they should practice by demo account with better Brokers like FreshForex who provides access to online teaching class from more than 200 countries all over the world.

  5. #5
    Senior Member
    Join Date
    Feb 2021
    Posts
    159
    Thanked: 0

    Default

    Demo accounts are necessary to train oneself without risk to distract you from the actual learning process.

  6. #6
    Senior Member
    Join Date
    Jun 2020
    Posts
    280
    Thanked: 0

    Default

    Forex market is changing every day. So, trading is becoming challenging for trader, especially for newbie. Trader need to change their strategy according to the market. No good strategy will work for all time. Trader should adjust their trading strategy according to the market condition. I use demo account for test and adjust my trading strategy. My broker Forex4you provide free unlimited demo account.

  7. #7
    Senior Member
    Join Date
    Aug 2020
    Posts
    172
    Thanked: 3

    Default

    There is no such thing as certainty in the forex market. However, confidence is good for trading but not overconfident. Sometimes, traders are confident that they can trade without stop loss which is a big mistake. It is an important risk management tool that should be used all time. My broker Eurotrader also execute it properly without slippage.

  8. #8
    Senior Member
    Join Date
    Jul 2020
    Posts
    241
    Thanked: 3

    Default

    Demo trading is just to know how the trading mechanism works. How to open and close a trade. How to use MT4 for trading. But the real learning begins when you start to trade with real money. Trading with real money involves emotions that cause most of the mistake. You can also use demo to test your trading strategy. A low probability strategy can give you profit if you have a strong trading mind set. I am trading with Eurotrader broker as it is a regulated broker. I like their trading platform. It is an amazing platform with no requote.

  9. #9
    Senior Member
    Join Date
    Sep 2017
    Posts
    1,459
    Thanked: 2

    Default

    Trading is not a place for gambling. Trading requires a lot of knowledge and a lot of information to gather. You have to create good skills in trading. If you go to trade without learning well, you will never be successful in trading. So to be successful in trading, you must first learn to trade. I have gathered a lot of information from Forex4you brokers and gained a lot of knowledge about the important issues. And these brokers help in many ways in trading.

  10. #10
    Senior Member
    Join Date
    Jul 2020
    Posts
    222
    Thanked: 1

    Default

    in ro ham eslah kon:
    The demo account gives me some virtual money from where I can practice. I need a demo account when I want to learn a strategy and test that strategy. I do demo trading to develop skills. I use the demo platform of Eurotrad brokers. I make a lot of profit by analyzing them.

Similar Threads

  1. Demo Account vs. Real Account
    By Giacinta loggia in forum General Forex Discussion
    Replies: 1
    Last Post: 01-17-2021, 06:04 PM
  2. Demo account
    By Giacinta loggia in forum General Forex Discussion
    Replies: 5
    Last Post: 12-18-2020, 08:01 PM
  3. what is the best for new traders demo account or real account ???
    By israr_ali in forum General Forex Discussion
    Replies: 6
    Last Post: 05-11-2020, 08:19 PM
  4. forex: a virtual platform to earn money
    By William Wesson in forum General Forex Discussion
    Replies: 2
    Last Post: 09-18-2018, 04:16 AM
  5. Is there any different between demo account and real account?
    By hunter in forum General Forex Discussion
    Replies: 10
    Last Post: 02-26-2017, 10:37 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us