Thread: Demo trading is Great learn system

Originally Posted by Rahul247

Yeah, I completely agree with you on the fact that demo accounts are really useful for the traders who want to trade the market in a better way and then they can apply those skills in real accounts as well.

After we feel that our trading skills are enough for us to make profit on real account, I suggest for the trader to trade with a minimum deposit first to really get our psychology prepare for trading with real account. It because our psychology in trading will not be very effective to improve if we use demo account to train it. So when our trading skills and psychology are really prepare, we can trade with real account using more bigger funds.

Demo account is good place to learn but not the best as I feel it’s too boring for comfort and I usually avoid doing Demo trading, I am working with OctaFX broker and they have amazing alternative for boredom and that’s with their superb cTrader demo contest, it has thrilling 400 USD prize and since it’s a weekly contest so this amount is too good while the actual benefit is gaining knowledge and experience which is above any prize amount.

No doubt over this as demo is the copy version of real account so if we want to learn then that’s one of the better places but surely not the best as that is direct learning. I am able to learn directly from my broker Nova FX; it has tremendous system in place which helps me learn perfectly without any trouble while even their demo is great due to high speed server that they have allotted to it so it never gets disconnected.

Yeah, When I started in the Forex Market, i was really confused about the Market but when I started trading with the demo account with FBS Markets, it was easy to trade the Market.

Originally Posted by Rahul247

Yeah, When I started in the Forex Market, i was really confused about the Market but when I started trading with the demo account with FBS Markets, it was easy to trade the Market.

Demo account is a really useful facilities that we can used to understand what we have to do on our trading activity. So that's why too, I used demo account from IV Brokers to help prepare my trading skills so it can be ready for me to be used when I trading with my real account.

By demo trading, a trader especially a new trader will test his basic knowledge, and also have new experience to run forex trading in practice and have some skills so that he/she can be sure with his/her strategy. Also now there are some brokers provide demo trading as their responsibility to educate new traders. Even I know there is a broker in binary option begin educating new traders by not only demo trading using virtual money but also more than that proving real money, named welcome bonus $10 for new traders. This is helpful for new traders to enjoy real profit before they deposit their own real money

I started as a demo account holder with FBS Markets and by the time I shifted to real account because I had a great experience with FBS.

Originally Posted by Rahul247

I started as a demo account holder with FBS Markets and by the time I shifted to real account because I had a great experience with FBS.

Demo account trading is a very useful facility from a broker, because not only can be used to practice, it can be used too for test a broker. So many IV Brokers's traders too, test IV Brokers first by using it's account demo trading that provided for the traders so they can know how good the quality of IV Brokers as a broker.

Open a demo account with FBS Markets, I started with them as demo account holder and now I'm enjoying live trading.

Originally Posted by Rahul247

Open a demo account with FBS Markets, I started with them as demo account holder and now I'm enjoying live trading.

I'm sure that every traders choose a broker by try the demo trading account that provided by the broker that want to use first. But the more better way I think is just directly use the real trading account of broker, I also try my broker IV Brokers by try the IV Brokers's real trading account because IV Brokers provide a no deposit bonus for the traders that want to try the quality of this broker.