Please take a look around, and feel free to .
i agree with you for practice purpose, until now i still use demo account, before i move to real account first i go to demo account and start trading for a moment there,and after i feel satisfy with the result i simply go to the real account and start trading there, so far i feel fine even not earn so big in forexDemo account is more of practice to tests and to try different strategies. It is also the first step for a trader then after they are done and created their strategy then they will go on for real trading. Some emotions were not involved in demo trading so that's why some able to win most of the time while some emotions get involved in real trading.
I don't think we should really choose one account as for traders it will be going to start in demo then real account so both types will be experienced by traders. If demo is skipped then probably big losses will have in real trades.
I use real account in this time but since I want to test new strategy I use demo account because demon don't lose anything and It helps me to save money in new plan testing too.It is the good feature in forex broker since 1990s
i think mostly people already know about this all, but since demo account not used real money i think anyone can use them for their own purpose to trade, right? and if demo account is not presented i think many people will be have great loss especially for the newbie who just start to learn about forexYou are right Nagi. I think this proves that demo accounts are not only for newbies. You are already a very good trader and yet you are still using demo account. Demo accounts are used also by professionals to practice trading with their newly developed strategy. It is very helpful. Imagine what will happen if demo accounts are not present. We would have lost much money by trying strategies that are not yet tested.
i think they are too much afraid with real account, and i agree with you many people even need long long time in demo account before they can move to real account, i think that is not important way, i know demo still important but in some cases and not forever we can use that account, coz we cannot earn from itI really don't understand why this demo and real account has been compare. I mean demo account is demo account. If you want to trade in forex do you want to trade in demo for all of your life? Of course not. You want to be a real trader and trading real money.
Anyway Its like a basketball player. Always want to play in practice but not in actual game. What a waste of time if you ask me.
Demo account is important to me. In fact I do 80% of my trade in demo than in real account.i think they are too much afraid with real account, and i agree with you many people even need long long time in demo account before they can move to real account, i think that is not important way, i know demo still important but in some cases and not forever we can use that account, coz we cannot earn from it