Thread: Demo trading

Originally Posted by James Rodriguez

Demo account is given to the traders just for practicing and it is the way where traders gather also in order to judge their trading strategy that whether it is well or not. Almost all brokers offer a demo account to the traders. Private Scandinavian Sparkasse provides all types of accounts including demo account too. Their all ECN accounts incorporate low trading spread and serve high leverage up to 400:1 to the traders as a result traders can extend their lot size.

Honestly asking, is this a broker, Private Scandinavian Sparkasse, and are they regulated? how long have they been in the forex market?

the selection of brokers must be able to be considered well, so that traders can be better and be more maximal in managing the funds and risks that exist to be more maximal in generating profits while on a real account.

It is very important to introduce ourselves with demo account before trading in the real account. In my sense demo account is only the suitable strategy to gain experience that will be applied in a real account. I can suggest you Bprimes broker for best demo trading. The importance of demo account cannot be described because a trader can practice in demo as much he wants without any investment. Confidence is also important in forex trading. We need to grow up our confidence by demo trading.

Demo accounts really need to be able to be used properly, this is needed so that traders can get better and be more leverage in improving their existing trading skills more leverage than before.