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  1. #1
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    Jul 2020
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    Demo account; is it enough for learning?

    The demo account is a practice account. Traders can trade in a demo account with virtual money. So, traders cannot lose or earn any money from demo trading. It is a risk-free account. Almost all brokers offer it to their traders. However, it is not enough to learn to trade properly. Demo traders lack emotion. So, traders also need a real account to learn properly.

  2. #2
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    Aug 2020
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    Before going through practical training on a demo account, you must have theoretical knowledge to be able to apply it so you can prepare for trading on a real account.

  3. #3
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    From experience, I can say that the demo mode is an excellent option for work. When I started using a demo account from broker Amarkets, I was really able to learn a lot.

  4. #4
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    Sep 2014
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    Quote Originally Posted by malopis View Post
    From experience, I can say that the demo mode is an excellent option for work. When I started using a demo account from broker Amarkets, I was really able to learn a lot.
    of course, because the demo account is one of the facilities that can be understood and learned so that traders can easily gain trading knowledge and also the ability to manage forex, both in terms of capital and how to take advantage of the bonuses provided such as those of the FreshForex broker.

  5. #5
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    Apr 2020
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    In general, you should be careful with this, because you yourself can teach yourself far from the way you would like. In addition, the best option for training is the demo mode. When I started working with a broker from Amarkets, I used the demo account.

  6. #6
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    Aug 2020
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    157
    Demo trading is simply to know how the trading component functions. Step by step instructions to open and close a trade. The most effective method to utilize MT4 for trading. Be that as it may, the genuine learning starts when you begin to trade with genuine cash. Trading with genuine cash includes feelings that reason a large portion of the mix-up. You can likewise utilize demo to test your tradingmethodology. I am currently trading with Eurotrader broker. They have amazing educational resources on forex trading psychology. It helped me a lot. I alsolike their instant withdrawal and deposit facilities.

  7. #7
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    Jan 2021
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    why not? if you analyze the most important questions on a demo, which is made with high quality, then everything will work out on a real account

  8. #8
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    Dec 2020
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    Quote Originally Posted by Diedriarekh View Post
    why not? if you analyze the most important questions on a demo, which is made with high quality, then everything will work out on a real account
    I started doing trading in the DEMO accounts with the help of the International Forex Broker FXOpen in the Year 2010 with SUCCESS

  9. #9
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    May 2020
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    For learning, a demo account is a great option. When I started working with a broker from Amarkets, I used a demo account, and I was able to get a pretty good result.

  10. #10
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    Quote Originally Posted by malopis View Post
    For learning, a demo account is a great option. When I started working with a broker from Amarkets, I used a demo account, and I was able to get a pretty good result.
    When i started my trading in the Forex markets i made u se of the FXOpen Demo accounts for learning and growth in this business.

  11. #11
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    Jan 2021
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    a demo account is enough to learn the basics of trading, the main thing is to use it correctly, and then everything will be fine

  12. #12
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    Aug 2020
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    There are a lot of sources to learn about forex trading. Learn the basics at those sources. After that, you will have a foundation to get started. But don't jump on trading with real money without learning. Without having the knowledge of analytical trading, it is quite impossible to have a healthy trading life. That’s why my broker Eurotrader provide the educational resource.

  13. #13
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    Quote Originally Posted by Martha Heath View Post
    There are a lot of sources to learn about forex trading. Learn the basics at those sources. After that, you will have a foundation to get started. But don't jump on trading with real money without learning. Without having the knowledge of analytical trading, it is quite impossible to have a healthy trading life. That’s why my broker Eurotrader provide the educational resource.
    We can make use of the DEMO trading accounts which will help us in better understanding about the Forex trading markets and make us the profits.

  14. #14
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    Jun 2020
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    200
    Forex market is the best investment market if you know how to trade. It is all about knowledge and skill. So, traders should focus on gain those rather than making a profit. Early-stage, traders lose money. However, it is a good thing. In long run, you can earn a lot with proper knowledge and skill. I am a forex trader too. I am trading with Forex4you. They are very supportive. I am very pleased with their services.

  15. #15
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    Nov 2020
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    For a beginner, trading with virtual funds solves the key problems and determines the future career in the trading industry, and from this I began my journey on the advice of the manager of Amarkets.

  16. #16
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    For a newcomer, the demo is a simple necessary stage. When I started working with a broker from Amarkets, it was the demo account that I used.

  17. #17
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    Apr 2017
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    714
    Forex trading is the most famous and profitable business in the world. Anyone can trade in the forex market and earn a lot of money. Every trader makes mistakes. If you trade in the forex market and make mistakes then that doesn't mean you can't trade anymore. You have to learn from those mistakes. I always try to learn from my mistake. My broker TP Global FX helps me a lot to trade with mistake-free. They are a very reliable broker. Their endless supports always make me pleased.

  18. #18
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    Jul 2020
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    A demo account is just a necessary stage for training. At least when I started working with a broker from ExpertOption, it was the dema that I used.

  19. #19
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    Apr 2020
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    To work, a demo account is just a necessary stage. When I started working with a broker from Amarkets, I also used this opportunity to get the necessary experience.

  20. #20
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    Jul 2020
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    For training in demo trading, the mode is a very important step. When I started working with a broker from ExpertOption, I used this very opportunity.

  21. #21
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    Dec 2020
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    28
    I probably, like many, can recommend for machines in order to learn in practice, because this is a good opportunity to test your theoretical knowledge

  22. #22
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    Quote Originally Posted by Mauricar View Post
    I probably, like many, can recommend for machines in order to learn in practice, because this is a good opportunity to test your theoretical knowledge
    We can increase our trading related skills and knowledge with the help of the Demo trading accounts for getting to use a good trading strategy.

  23. #23
    Join Date
    Jan 2021
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    346
    it all depends on how you are set up for such training, and how the demo itself is arranged, if you want to use a high-quality demo, then I recommend trying Amarkets, the platform is well made and functional, try it!

  24. #24
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    May 2020
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    For a beginner, a demo account is a very important step. At least when I started working with a broker from Amarkets, I started working with a demo account of this broker.

  25. #25
    Join Date
    Mar 2020
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    177
    A demo account is only for practice and you can not trade your real money here. You can only trade with virtual money and never can lose or get profit with it. With a demo account, you can test your trading strategy and if work well in the demo then after it you apply it to your real account with real money.

  26. #26
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    Aug 2017
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    1,326
    Forex market is a place of losses. Loss is a must thing in this market. A trader doesn't know what will happen in future. So, when he is going to place a trade, he should think about the losses he may face. Before starting the trade he should make his exit strategy. He should plan that how much he can afford losses, when he should exit from the market. I am also a trader of Forex4you. I always make my exit strategy before I enter into the market. My broker helps me to make my loss affordable by stop loss.

  27. #27
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    May 2020
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    As for me, the demo mode is just a necessary step for a beginner. At least when I started working with a broker from Amarkets, I used the demo mode.

  28. #28
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    May 2020
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    111
    A demo account is more suitable for practice and in order to work out your own you do not know and understand this is what you need to work out or what needs to be done in order for you to achieve results on a real account

  29. #29
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    May 2020
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    A demo account is a must for training. As for me, this is the most optimal option for training a trader with minimal losses.

  30. #30
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    Apr 2016
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    601
    The demo account is enough for learning when you have gained theoretical knowledge well from reading trades, strategy, and popular books as well. Once you are clear with how the market works and basic skills how to trade in a forex Demo account will be very helpful for entering a Live account.

  31. #31
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    Jan 2020
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    257
    Risk is the common factor of forex market. A trader can face the loss most of the time if he has no knowledge about trading. A trader should know the right time, right place and right currencies while he is trading in the market. Most of the traders lost their money because of their little knowledge about forex. Most of them don't know how to recover losses. Sometimes traders take decision emotionally after loosing money. It causes more losses. I am also a trader of Tpglobalfx. I always welcome losses and think that loss is the energy to make profit. Taking wise decisions can recover the losses.

  32. #32
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    Dec 2020
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    Quote Originally Posted by Steve Martin View Post
    Risk is the common factor of forex market. A trader can face the loss most of the time if he has no knowledge about trading. A trader should know the right time, right place and right currencies while he is trading in the market. Most of the traders lost their money because of their little knowledge about forex. Most of them don't know how to recover losses. Sometimes traders take decision emotionally after loosing money. It causes more losses. I am also a trader of Tpglobalfx. I always welcome losses and think that loss is the energy to make profit. Taking wise decisions can recover the losses.
    We need to understand that if the risks present in our trades will be lower we can do better trading in the Forex markets.

  33. #33
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    Jan 2021
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    346
    it all depends on yourself and your goals in work, only you decide how much you want to learn, but in most cases a demo is enough

  34. #34
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    May 2020
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    For me, a demo account is a must for a beginner. This is just one of the few options that you can learn to work with without losing large sums of money.

  35. #35
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    For me, a demo account is a must for a beginner. This is just one of the few options that you can learn to work with without losing large sums of money.
    If we want to learn doing trading we can do so with the help of the DEMO trading accounts. In this way the risks are also not present and we can learn freely.

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