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Senior Trader
Demo account: it’s free but really useful.
The demo account is definitely a free account offered by the broker so that the client can use it to practice and also test their platform. If you are being asked to deposit on a demo account. Then it means that you have not gone about the opening of such an account in the right way. Go through the process that the broker requires from their site to open a demo account, instead of trying to open the demo account from the trading platform.
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Senior Trader
Demo account is where I want to spend my time for learning. The more I do know how to trade the more I can make good profits as well. I’m so happy that somehow I can make something good with my life. I’m really happy with the way things are for me. I do hope to see myself making so much profit and in the long run I can see myself making a really good income.
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Senior Trader
I think demo account is a virtual account when you practice demo account trading then you will not earn any profit but if you practice demo account more and more then you will be able to gather more knowledge about Forex market and at a time you will be able to trading with real account so, demo account is the most impotent in every trader.
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Originally Posted by
Ricard Dorman
I think
demo account is a virtual
account when you practice
demo account trading then you will not earn any profit but if you practice
demo account more and more then you will be able to gather more knowledge about
Forex market and at a time you will be able to trading with
real account so,
demo account is the most impotent in every trader.
You are very true so in my opinion demo account is as same as the real account but not the real money in the balance. Demo account is used for practical trading and getting a lot of experience. It makes any trader more perfect for trading. So, it’s can gain more and more for experience from demo to use it in real account later. This method always helps for many traders to know earn profit with good trading strategy that has found from that process or in another say it’s a facility for practice for real one.
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Senior Trader
I see, few traders are complaining about the usefulness of demo; they can use cent type live account for learning purpose! Whatever; till now demo s the best way of learning! Naturally new traders make so many mistakes in their trading; as a result they are facing huge losses in their trading! So; if you don’t want to waste your own money then stay with the demo!
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Demo account is a trading account that allows a trader to become familiar with a trading platform without making a deposit. Funds are simulated in demo account, therefore you can check our execution, available trading tools and other features or test your trading strategy risk free.
trading brokers
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Junior Trader
yeah you are right demo trading is one of the most commonly used account for the practice how ever one thing we need to keep in mind to start the demo trading that you need to have same feeling when you are done in the demo trading because mostly trading get profit in the demo pr in the real account they get loss which is just because of emotion of real and fake money .
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Trader
Hi,
Yes, its true, demo account is really very helpful for learning trading,
You can learn about brokers. You can talk with him like a real account. Demo account can teach you how can you use your real trading account. You can practice trading like a traders and without deposit Its help you for increasing your trading knowledge.
Naturally new traders makes many mistake in their first trading. But demo account can teach you how you recover your mistake.
Thank you..
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Senior Trader
Yes, for any beginner to use forex account is very beneficial. One can gain practical knowledge and can practice trading skills here before entering real into market.
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Trader
Demo account is very important for any trader wants to succeed in the market and so the trader that practice on demo well will prepare himself well for successful trading when join the real market, the more time the trader spend with demo the more experience and so he will have a good plan and strategy and will know how to use them properly and will be able to succeed and makes money, many traders failed because they did not practice well on demo and so when they join the real market they could not be able to trade well and trades randomly and many of them depend on luck only and so they lost their money but if they practice on demo they would trade well and made money instead of loss of money.
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