Thread: Demo trading is Great learn system

I agree with you, That's why I shared my experience with the traders here that FBS Markets has been really good for me.

Yes, demo is always easy way to get experience quickly but at the same time one has to be determined to make anything out of it otherwise, if we are passionate about learning then there is no way we are going to get anything from demo and I am one of those kind who is not really passionate if there are not much rewards so that’s why I prefer Demo contest cTrader by OctaFX, it has lovely 400 USD prize for the winner and is a weekly content so I can continue my practice.

Yes Indeed, as I mentioned earlier that my experience with FBS Markets as a demo account holder has been really good and demo accounts are really good for traders.

Originally Posted by Babu Meman

Yes, demo is always easy way to get experience quickly but at the same time one has to be determined to make anything out of it otherwise, if we are passionate about learning then there is no way we are going to get anything from demo and I am one of those kind who is not really passionate if there are not much rewards so that’s why I prefer Demo contest cTrader by OctaFX, it has lovely 400 USD prize for the winner and is a weekly content so I can continue my practice.

Starting with a demo account is very necessary as Demo account gives a trader real life experinec of the marker and the trader dont have to loos hin money , just to learn about the market.

Originally Posted by vic84

Starting with a demo account is very necessary as Demo account gives a trader real life experinec of the marker and the trader dont have to loos hin money , just to learn about the market.

Using demo account, we will get trading experience that will make us be more ready to trade in forex. Until now, i also still use demo account in TenkoFx.
Even, this account is not only suitable for new trader, but also for experienced trader to help them to test trading strategy, etc

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The biggest downside of a demo is that you're not able to see how it feel to trade with real money. so you can't train the emotions like fear and greed.

Yeah, that is a drawback but you need to try first hand at demo account before you proceed next, so demo accounts are really important in that regards.

A demo account is very useful for forex newbies. It helps to educate them about the platform and how trading really works. I recommend the newbies to try to open a demo account in Tickmill, which I am trading now. Because the conditions on Demo account in this broker are totally the same as on Real account.

Absolutely, make you feel comfortable with the trading system in the end helps you to trade on the Live account and make money in the market.

Originally Posted by Rahul247

Absolutely, make you feel comfortable with the trading system in the end helps you to trade on the Live account and make money in the market.

All the traders should use the demo account to prepare their trading skill before trading with real account. It will be very usefull to make the posibility higher for the trader to get profit from their real trading activity.