Please take a look around, and feel free to .
Its really important that we need to learn how to trade first before we invest and trade in real account and the best part is to try to practice in demo account. But demo trading is not a "must" Its our choice if we want to practice in demo account or try to trade in real account right away. If you say "a must" its means its prerequisite. Meaning you can't trade in real account unless you trade in demo account. Which is false.Demo trading is also a must in these type of situations in the market, so the thing is that a trader who is just beggining and want to learn about different dynamics of the FX Market, for him, Demo accounts are really useful.
Agreed, and for that purpose there are many resources which are available these days for the traders in order to be confident enough with their knowledge so that they can trade the market in a better way.
Demo accounts can guide you to what to do and what not to do, so the best thing you can do is that you can learn the market and then you can trade with live.
I Started as a Newbie and opened a live account with FBS Markets because for the start it was really good to trade with demo accounts, and gradually I started with live account.
we can use demo account for practice, and use new knowlade for trading on real accountYeah, but should nevery reply on demo account too much, just remember there is big performance between demo account and live account performance.
Yeah, but should nevery reply on demo account too much, just remember there is big performance between demo account and live account performance.
the most important if we want to strat trading on real account is we have to have preparation. we must dicipline on it and always improving our knowleadge about forex trading. I always use demo account at IV.Brokers to improvibg my tradibg skill.The difference comes after certain point. Everyone wants to trade on live account and it is lucrative to new traders. But for that they should be ready for what they are going to start.
i start my trading with demo account from liteforex, they have good trading conditionsDemo trading is good for beginners but even experienced traders could also gain from demo account as they can check their strategies and predictions here without investing.