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  1. #41
    Investor CahCuncun's Avatar
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    I also liked the demo account with a demo account we will be able to practice trading. many things that we can use a demo account. we can test the broker, train trading skills, testing trading strategies, etc.

  2. #42
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    I think no one likes demo account but we all need to use it in order to be successful and have a trouble free journey in Forex trading. I get really lazy when trading on demo, hence never gets to create good strategy or money management which ends up into getting me heavy losses.

    I have the best solution to overcome this boredom which is by using of demo contest account provided by solid company like OctaFX broker, it has fantastic cTrader demo contest, it has 150 USD winning prize so not only that provides the much needed motivation but also it give us the kind of pressure that we are likely to face with our real account that we trade in.

  3. #43
    Investor CahCuncun's Avatar
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    Quote Originally Posted by Stephen Stills View Post
    I think no one likes demo account but we all need to use it in order to be successful and have a trouble free journey in Forex trading. I get really lazy when trading on demo, hence never gets to create good strategy or money management which ends up into getting me heavy losses. I have the best solution to overcome this boredom which is by using of demo contest account provided by solid company like OctaFX broker, it has fantastic cTrader demo contest, it has 150 USD winning prize so not only that provides the much needed motivation but also it give us the kind of pressure that we are likely to face with our real account that we trade in.
    Demo account in a broker must be maximized as well as possible.We will get trading experience to make us be better. I also still use demo account in TenkoFx. And as a trader, i try to maximize demo account to makes me be better in understanding market movement. TenkoFx AutoTrade with MyFXBook

  4. #44
    Senior Investor Rahul247's Avatar
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    Demo trading is like a must for all the newbies and all the trader who are looking forward to test their new trading strategies so that they can feel comfortable with that and then they can trade the market with real account.

  5. #45
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    Quote Originally Posted by Rahul247 View Post
    Demo trading is like a must for all the newbies and all the trader who are looking forward to test their new trading strategies so that they can feel comfortable with that and then they can trade the market with real account.
    Yeah you are right , but not only for newbies but also for the experienced traders, the best part is you will not loose , while experimenting with your strategies or skills

  6. #46
    Senior Investor Rahul247's Avatar
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    Yeah indeed, for traders who are already in the Market and trading since many years, they are also trying to develop new trading strategies and other things so that they can feel comfortable with their new trading strategies, so it is good for them also.

  7. #47
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    I personally think that demo account is great things. Demo account is very helpful for a beginner and professional forex trader. A beginner can learn the basic of forex trading and a professional can test their new trading system in demo account. So yes, I like demo account very much. now I use ExoFX regulated by FCA

  8. #48
    Investor CahCuncun's Avatar
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    Quote Originally Posted by vic84 View Post
    Yeah you are right , but not only for newbies but also for the experienced traders, the best part is you will not loose , while experimenting with your strategies or skills
    Experienceds will teach us to be better trader,there will be a lesson if we want to learn from it. Both good or bad experience, try to take the positive side. A successful trader is a trader who want to learn from the past, experienced "Bonus beyond the reasonable"

  9. #49
    Senior Investor Rahul247's Avatar
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    Yes I do, Forex trading with the Demo account is really good to have and all the traders in the market just Love to do so, because they can increase their trading skills with the use of Demo accounts.

  10. #50
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    I don’t think it’s anything to do with liking or disliking because something that we must do if we want to have fruitful career ahead. I do binary trading and I feel for this I don’t need to do demo account too much but I just follow the guide from Best Binary Broker web site and I learn everything and that has really helped me in every single step from selection of broker to education about binary trading everything is here.

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