Traders use the demo account

Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Traders use the demo account

  1. #1
    Senior Member
    Join Date
    Jul 2020
    Posts
    369
    Thanked: 0

    Default Traders use the demo account

    Traders use the demo account
    Traders use the demo account and try to trade as much as possible. In this way, traders will know if the forex is suitable for them or not. Never invest money without demo practice. Nowadays many brokers offer it. I also used the demo account first in Eurotrader. The broker also offers the best trading services including leverage up to 1:500, low and tight spread, and many more.

  2. #2
    Senior Member
    Join Date
    Feb 2021
    Posts
    321
    Thanked: 0

    Default

    I think demo trading is a great way to learn how to trade in a safe, low-pressure environment and that makes it an indispensable tool for newbies.

  3. #3
    Senior Member
    Join Date
    Apr 2017
    Posts
    999
    Thanked: 1

    Default

    Yes, in my opinion as a trader if you don’t get educated before starting your career in Forex market you will surely face huge loss and can’t afford it as a long time. So, better you learn first and then invest as per your trading capability. I choose TP Global FX broker because they are very caring about their clients and give super-fast and active customer service. I have learned from their free demo account.

  4. #4
    Senior Member
    Join Date
    Jun 2020
    Posts
    337
    Thanked: 0

    Default

    I think before using high leverage for making maximum profit, new traders should try this in a demo account, what i did. It will help them to understand about the good side and bad side of high leverage. I use Forex4you. in there demo account they give facility to any trader to set any leverage and trade risk free. Traders can easily trade with their demo account because it is easy to use.

  5. #5
    Senior Member
    Join Date
    Jul 2020
    Posts
    329
    Thanked: 3

    Default

    Demo trading is simply to know how the trading component functions. Step by step instructions to open and close a trade. The most effective method to utilize MT4 for trading. Be that as it may, the genuine learning starts when you begin to trade with genuine cash. Trading with genuine cash includes feelings that reason a large portion of the mix-up. You can likewise utilize demo to test your tradingmethodology. I am currently trading with Eurotrader broker. They have amazing educational resources on forex trading psychology. It helped me a lot. I alsolike their instant withdrawal and deposit facilities.

  6. #6
    Senior Member
    Join Date
    Sep 2017
    Posts
    1,513
    Thanked: 2

    Default

    Forex is a serious investment market. Those who came to this market as hobby, I don’t think they can survive long. Many losses their saving but few are earning money from forex trading. Trading success need time. So, trader need to wait and learn about the market. I am a forex trader too and I am trading with Forex4you since 2016. I am mainly focus on learning rather than making profit.

  7. #7
    Senior Member
    Join Date
    Jul 2020
    Posts
    310
    Thanked: 1

    Default

    To develop skills and strategy you need to use Trader's Demo Platform. If the trader fails to do this, it will be very difficult to make a profit by trading. I need to develop skills first. Then you have to maintain discipline and plan and trade.

  8. #8
    Senior Member
    Join Date
    Aug 2020
    Posts
    254
    Thanked: 3

    Default

    Forex is an online market and opens 24/5. So, if you have a computer and an internet environment, you can choose your own work time. you can have more time to enjoy your life and family. I am also a forex trader and I am trading with Eurotrader since 2017. The broker also gives 5 types account including swap-free account and much more.

  9. #9
    Senior Member
    Join Date
    Apr 2016
    Posts
    592
    Thanked: 0

    Default

    Demo is the best way to learn about the Forex Structure and but you need to have lots of knowledge and skill to achieve success.

  10. #10
    Senior Member
    Join Date
    Jul 2020
    Posts
    310
    Thanked: 1

    Default

    in ro ham eslah kon:
    It is not possible to trade without a broker. And for the convenience of this broker, the leverage facility trader can easily enter the trade. Leverage plays a role in controlling margins. The trader can select any broker if he wants. But intelligent investors always try to plan properly. That's why their choice is on the Eurotrader platform. Where all kinds of benefits exist for a trader. For example, Minimum Deposit 50 $ (Micro Account), Tight Spread, FX, Shares, Cryptos, Indices, Commodities, Metals- Trading Pairs, etc.

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