Demo Forex

[Esha.J]

We all know that how demo account is important and why every trader should learn with demo. It is clear that demo is a learning tool but take it as serious as we can on our real money.

 

[MattZ]

Narrow spreads on the FX demo: Low Spread Demo

 

[Esha.J]

Trusting for real money is not easy but we can find the truth as the Internet and Google can help us for many points of Forex.

 

[pipeguy]

I many times had good performance with substantial profit as the screenshot below:

But when I switched to live, the result was not expected. Demo performance doesn't reflect your trading ability. Keep it in mind.

Where did you encounter errors or issues in your trading strategy after you switched on live? This information can be very important insight not only for us but for you too, because many traders don't ask such important questions to themselves.

 

[Masil]

Narrow spreads on the FX demo: Low Spread Demo

Low spread demo hehe... Is it the same on the live account?

 

[bilbo64]

Low spread demo hehe... Is it the same on the live account?

something's up with him i think

 

[meris]

I always recommend start trading with demo account and operate minimum 5-6 months, if you gain money you can start with Real.

 

[daffodal]

InstaForex also has a demo version. There's a lot of tools that are quite useful for starters: charts, converters, real-time graphics etc.

 

[bublu]

I always recommend start trading with demo account and operate minimum 5-6 months, if you gain money you can start with Real.

Five to six months is ample time to learn on demo account in my opinion.

 

[trader_980]

Forex can be a difficult task for some as it includes various features, trading platforms, currency pairs, etc. to choose from. That is why, starting your forex journey with demo trading is a good option, as here you risk no real funds, but trade with dummy funds only. Demo forex trading can be of great support for you if you are a beginner in this field.

There are a lot of trading platforms available for forex. It is advisable to know about each platform through demo trading and then choose the one you liked the most. Demo trading will take you through all the concepts like stop loss, limit order, chart types, lot size, leverage, etc. to give you a good hold over all this when you actually trade with a real account.