%%I don't think thats correct, you can definitely learn about charts on a demo account
I was just talking about learning the basic functionalities not literally memorizing the chart.%%
REALLY?? YOU have photo memory?? May work with only a few ETFs etc...... but nothing like study of multiyear charts ..........................................................................IF you do\ most do not have photo memory.....................................................................Thanks
Is it easy to find a good broker with good features but okay-okay fees? I can’t put more money in commissions now. Already had two bad experiences.But people are not getting what they actually want from demo accounts. Beginners want to demo trade by having live markets like situations which they are not getting. That is why they are finding an alternative to it.
That’s unfortunate! But it’s okay because these bad experiences would have surely taught you not to believe everything you see or hear. What I suggest is creating micro accounts with one or two brokers at a time and comparing your experience with them. You will find what you need.The most simple and sorted answer would be to find a broker as per your requirements. You must have not chosen the right broker due to which you have a different view. There are brokers who give you the same market conditions they have in live markets with some very minor changes. Some good names would be FXTM, Fxview, Oanda etc. Try demo trading with them.
In a way, it is! But don’t you think that it fills new traders with unrealistic expectations?For many, a demo account is a real opportunity to gain experience.
So, you are saying that a trader must keep some money aside just to lose it.That’s unfortunate! But it’s okay because these bad experiences would have surely taught you not to believe everything you see or hear. What I suggest is creating micro accounts with one or two brokers at a time and comparing your experience with them. You will find what you need.
It’s all about what you perceive. Every trader is smart enough to make decisions. No one would want to lose unnecessarily and that’s why they have demo accounts and micro accounts. I don’t think there would be a single trader who would jump into the market without any forex knowledge.In a way, it is! But don’t you think that it fills new traders with unrealistic expectations?