Demo vs. Micro Account

[rb7]

Demo and live trading aren't even close; don't expect your methods and systems used in demo to extrapolate to live. If you're a small retail trader, you'll get eaten up by others; primarily big banks/investors with high tech software (e.g. sniffers) that track your positions. Demo's give an unrealistic view and can portray excellent results-not true in the real world. It's a rigged game. If the election can use manipulation software, certainly the trading world can and has been for quite some time.

And the last US election was a big fraud!!!

 

[speedo]

Demo and live trading aren't even close; don't expect your methods and systems used in demo to extrapolate to live. If you're a small retail trader, you'll get eaten up by others; primarily big banks/investors with high tech software (e.g. sniffers) that track your positions. Demo's give an unrealistic view and can portray excellent results-not true in the real world. It's a rigged game. If the election can use manipulation software, certainly the trading world can and has been for quite some time.

The markets are "rigged" against those who don't know what they are doing and lack the disciplines to do it.

 

[kslandman]

Riiiiiiiigt

 

[Turveyd]

Demo, Micro back to demo, back to Micro, repeat until sorted then don't get greedy can make more than enough to live off via Micro!

 

[caacapital]

Demo and live trading aren't even close; don't expect your methods and systems used in demo to extrapolate to live. If you're a small retail trader, you'll get eaten up by others; primarily big banks/investors with high tech software (e.g. sniffers) that track your positions. Demo's give an unrealistic view and can portray excellent results-not true in the real world. It's a rigged game. If the election can use manipulation software, certainly the trading world can and has been for quite some time.

LMAO so you dont trade because you would be a fool to have this opinion and still give away money.

 

[traderjakelong]

Demo accounts allow traders to trade without risk. It is basically for learning.
Micro account is an actual trading account that allows traders to trade with 1000 units of the base currency.

If you are absolutely new to trading, go for a demo account and after learning the basics, go for the micro account.

 

[hilfspaul]

That really depends on what level of trading they are at. If he or she is an absolute beginner, I say go with demos but if they’re somewhat experienced, micro accounts are great.

 

[currencylover]

If you have gained some experience, then go for a micro account, or else, start with a demo account only.

 

[navyelite]

I would suggest a demo account first. Go through various features of the trading platform, test your strategies on demo accounts and then switch to micro accounts.

 

[Saivarshinee]

Demo accounts allow traders to trade without risk. It is basically for learning.
Micro account is an actual trading account that allows traders to trade with 1000 units of the base currency.

If you are absolutely new to trading, go for a demo account and after learning the basics, go for the micro account.

I completely agree with you. Newbies don’t need to risk money when they can practice trading on a demo account without having to risk their money. It is the best way of putting your knowledge to the test and seeing where you stand.