Demo account with real account experience

[kroxobor]

The benefit of using a demo account is that you can practice all you like without losing any money. If you make a mistake, it doesn't matter because you can click a few buttons and reset your account to how it was before. All demo accounts are the same as real accounts. The main difference is that you are not making any real money on a demo account.

Yeah however it carries little benefit since trading conditions on live is different especially transaction costs.

 

[florinavintage]

Demo accounts are good to use but only to an extent. If you want to get real experience, you have to trade with a real account. Use a demo account to check what you will be seeing in the live market and to learn using a trading platform. Once you have a rough picture of the live market in your mind, move ahead with a small live trading account. It is up to you to decide how much you wish to start with.

 

[Svetlana Loboda]

demo can gives us real experience but the main problem is there is no real money on there .

 

[roraistar]

A demo account is an account that gives you the opportunity to practice with a virtual sum of money. You can practice without any fear of losing money.

 

[PeterNguyen]

you can check out aximtrade, their demo account spread is pretty similar to live trading account as well.

 

[fredfrazier]

Demo account is for the one who is a newbie and wants to learn about trading. And once the person is confident he can start with a micro account that involves low capital investment. Micro accounts let traders experience live trading with low risks.

 

[Paulsy]

AximTrade Demo accounts are available with virtual funds for trading practice and learning. The forex demo account can always be a good way to explore how fast and advanced AximTrade’s platform and services are before committing to a real live trading account. You can also check the promotions and contests for demo accounts to earn prizes and gifts.

 

[FahadMd]

Demo account is for the one who is a newbie and wants to learn about trading. And once the person is confident he can start with a micro account that involves low capital investment. Micro accounts let traders experience live trading with low risks.

the demo account most of the time works to fail, because we trade here with no focus , just time pass as we treat when trading in a demo.

 

[Abbas Ali Khan]

as a new Forex trader it is really difficult to keep continue in demo account , this is so true

 

[Dr_Trade]

Yeah, while practicing on demo account, strict discipline is required. Then only you can become consistent.