Demo account or Micro ?

[NatashaDuddy]

You don’t have to choose any one out of these. Both the demo account and micro account are important and have their own benefits. Where a demo account prepares you for live trading by making you well-versed with software and other functions, a micro account makes you well-versed with the live market conditions.

 

[mercury-croc]

taking into consideration the fact that demo account conditions differ from those of live account, maybe going micro is a better option. though I prefer to think that it is always better to test tools and strategies on demo.

 

[AndrewMcCalam]

i always prefer micro account to acquire live trading knowledge and experience. this really better than demo account.

 

[jimmysmith]

When you are first starting out in trading, a demo account can help you develop abilities and enhance your strategy.After proper training on a demo account, novices can use the Micro account as their first live account so that risk and the amount involved , both are low and live trades can be experienced.

 

[JimmyChoo]

micro account is okay , but it can make beginners greedy and emotional. so be careful before trading on there.

 

[Mytacism]

Start with a demo and then make your way to a micro account. Nobody becomes a pro, especially at trading, in a day. You have to break your sweat.

 

[FahadMd]

traders should break sweat first of all , this is true fact.

 

[Henry520]

micro account is okay for beginners level but sometimes this trading account can make beginners greedy and emotional.

 

[Monitory]

I started my trading journey with a micro account, but it didn’t turn out to be very good. So, I think traders should have some hands on demo accounts before trading live.

 

[Syndactylic]

As a beginner, trade with a demo account. Financial markets are very risky and it is impossible to set a foot in the market without practise. After enough practice and a strategy in-hand, you can start trading with a micro account.