@Christie I really don’t think demo account trading can mean much. How do you believe to trade better if there’s no price feeds and spreads?
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Playing safe, it that's a thing :)
- Thread starter Henrique
- Start date
This isn’t true with all MT5 demo accounts. I demo trade with fxview and etoro (to practice my strategies) and these characteristics are available to me. I guess broker selection is the key here.@Christie I really don’t think demo account trading can mean much. How do you believe to trade better if there’s no price feeds and spreads?
Yes, there is a difference but that should not bother you, if you have just started trading. You are in the learning phase. Stick to demo!I’m quite fascinated with the MT5 platform but want to try demo trading first. Is there any difference between MT5 demo and live trading?
Good thought. Its actually better to demo trade for a few months,(atleast 3- 4)before going live. The difference is in the fact that on a live account your real money would be the capital, on demo you dont trade with your funds.I’m quite fascinated with the MT5 platform but want to try demo trading first. Is there any difference between MT5 demo and live trading?
If you have a little doubt also about your knowledge regarding forex or trading, go with a demo account. It’s always good to be on a safer side.
There are regulated brokers available in forex through which you can trade safely but then many unregulated brokers are good too. A good broker is very important to have consistent profits and growth. Fxview and FXTM are among some regulated brokers giving you low spreads and have low commissions too. It’s been a year now trading with them.
I am about to start trading and I selected a broker through which I will trade but it didn’t provide me with low spreads. I think I should switch to some other.
Switch to a genuine broker. The one who gives you low commissions but does not compromise with the spreads and through which you can use various trading indicators too.I am about to start trading and I selected a broker through which I will trade but it didn’t provide me with low spreads. I think I should switch to some other.
Did you know that the spread can vary over the course of the day and result in high and low spreads?There are regulated brokers available in forex through which you can trade safely but then many unregulated brokers are good too. A good broker is very important to have consistent profits and growth. Fxview and FXTM are among some regulated brokers giving you low spreads and have low commissions too. It’s been a year now trading with them.
Yeah and I suppose market volatility and liquidity have something to do with it.Did you know that the spread can vary over the course of the day and result in high and low spreads?