What is the Demo account for you?

[Kevin Vogt]

Demo is for practice. In demo we can test our strategy. To make our own customized strategy demo is important. We can't lose money on live account by trying to personalize our strategy.

 

[Alicia Lynch]

Demo accounts are an essential part of learning to trade. Every beginner trader should do demo trading for at least 5 months. Demo trading is a must to gain basic knowledge. If you want to develop skills, you have to do demo trading.

 

[Oscar Shumack]

I think demo account is the most effective way to learn and practice forex perfectly and properly.

 

[Alexander Hudson]

A demo account is the best forex learning method for me. It helps a trader to learn all the basics and the techniques of forex perfectly.

 

[Oscar Shumack]

In Forex, your trading skill is the most vital part! However, never adhere to mistaking, rather innovate newer approaches of recovery.

 

[Eduardo Lucchese]

So, every trader should follow the criterion of proper trading besides following risk-management policy.

 

[RoughCousin]

Demo accounts are a saviour. Can you imagine trading live without any practice at all? We would have lost so much money in the process of learning how to trade. This is why demo accounts are crucial. You get to practise trading and develop skills with no real money at risk.

 

[Tom Latham]

there is no way to breaking bad habits by over night , need a long time practice step by step.

 

[colton]

The demo account provides a great opportunity for beginners to practice trading before they actually step into the market. I personally feel demo account is boon for the traders.

 

[SaadBinToha]

Traders of different types have different choices over different currency pairs. So, whatever your choice is, try not to go for multiple pairs at a time.

 

[Bahiya Shinam]

From here, you may understand how much important mindset is for traders. Traders should use a better trading strategy for maximum output.