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  1. #71
    Senior Investor Rahul247's Avatar
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    Although it is a little bit different from live account, but still demo accounts are really useful for the traders so that they can get the feel of trading.

  2. #72
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    Quote Originally Posted by Rahul247 View Post
    Although it is a little bit different from live account, but still demo accounts are really useful for the traders so that they can get the feel of trading.
    Yes, there is not huge doubt about this since Demo trading is definitely one of the greatest system in order to make money from, but at the same time we should be keen on learning and only then we will be able to get good knowledge or experience from it, but I have found a kind of demo account which has added another thing and that’s prize money by OctaFX broker through their cTrader demo contest with 400 prize money.

  3. #73
    Senior Member IVBrokers's Avatar
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    Quote Originally Posted by Rahul247 View Post
    Although it is a little bit different from live account, but still demo accounts are really useful for the traders so that they can get the feel of trading.
    I think all the traders have to used the demo account to train their trading skill before trading with a real account. If we can really used the demo account very well, ofcourse it will ber very helpfull for our later trading activity with real account. I'm sure it will raise our percentage to gain profit from our trading activity with real account and also can minimize the loss that we can get.

  4. #74
    Senior Investor Uncle Gober's Avatar
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    Quote Originally Posted by IVBrokers View Post
    I think all the traders have to used the demo account to train their trading skill before trading with a real account. If we can really used the demo account very well, ofcourse it will ber very helpfull for our later trading activity with real account. I'm sure it will raise our percentage to gain profit from our trading activity with real account and also can minimize the loss that we can get.
    we can use a demo account provided by the broker to execute trading according to money management to be applied by traders. Demo account is an appropriate means for traders in the develop forex business. demo account gives us a lesson on how to operate the platform as well as an analysis using indicators to trade. I use a demo forex account when starting a business in the Tickmill. Now I've found my best way of trading is by using scalping. this method is very suitable for me to apply in this broker because this broker provide me the spreads as low as 0.0 pips; no re-quotes, delays nor interventions

  5. #75
    Senior Investor Rahul247's Avatar
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    Agreed, Demo accounts are the best way to learn the Market, and for me FBS Markets with demo accounts are great.

  6. #76
    Senior Member IVBrokers's Avatar
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    Quote Originally Posted by Uncle Gober View Post
    we can use a demo account provided by the broker to execute trading according to money management to be applied by traders. Demo account is an appropriate means for traders in the develop forex business. demo account gives us a lesson on how to operate the platform as well as an analysis using indicators to trade. I use a demo forex account when starting a business in the Tickmill. Now I've found my best way of trading is by using scalping. this method is very suitable for me to apply in this broker because this broker provide me the spreads as low as 0.0 pips; no re-quotes, delays nor interventions
    So it's really important for the traders to utilize the demo account for practice how to trading, all the things that related to trading can we test here with demo account. That's why too, IV Brokers give a high quality demo account so the traders can get a good experience in practice with the IV Brokers's demo account.

  7. #77
    Senior Investor gaban's Avatar
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    a demo account is very important for traders because the demo account then we will be able to practice skills and also good trading with a demo account so we can test the trading system. so that we will get better trading

  8. #78
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    Check out this free modified pivot point indicator and its good. Test it and tell me what you guys think.. add those pips ok
    Here's the link http://goo.gl/YZsYmA

  9. #79
    Senior Investor gaban's Avatar
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    although u better don't use demo account for too long, because u will got much more experience at real trading.

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    Quote Originally Posted by gaban View Post
    although u better don't use demo account for too long, because u will got much more experience at real trading.
    because demo account can help us to learn about forex trading, but can give us enough experience to become a good trader. so u should make a live account and read much article about forex from HiWayFx, to boost ur lesson about forex trading.,

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