Why should I trade using a demo account?

[Marim]

Because that way you will really learn how to trade on Forex and behave yourself in it. Don't you see how people really trade here and there anyway but lack some of the experience needed for all that matters here. Start practicing for few months and you will see.

 

[sininfinity]

It is ideal to trade with a demo account when you are developing a strategy or testing some new technique if you are an experienced trader.

 

[Svetlana Loboda]

It is ideal to trade with a demo account when you are developing a strategy or testing some new technique if you are an experienced trader.

Besides; new traders can learn how live trading account actually works! The environment of demo is almost similar to the live!

 

[Eduardo Lucchese]

A demo account is the best way to learn forex trading.

 

[Mark Dahl]

A demo account is the best way to learn forex trading.

Right. It is risk-free way to learn and practice trading.

 

[Alexander Hudson]

A demo account is the best way to learn forex perfectly and effectively.

 

[Darragh Bell]

Demo account will help you to learn many new things and helps you to test your strategy.

 

[Oscar Shumack]

A demo account is the best way to learn and practice forex trading.

 

[Cooper Truebridge]

I learned a lot of new ideas when I was doing demo trading. From there my trading experience has more than doubled. Forex Trading I must take the help of demo trading to make the experience complete.

 

[Gito Dinev]

A demo account is the best way to learn and practice forex trading.

However, demo traders lack emotion. So, real trading is also essential for learning.

 

[Richards]

You should test your strategy with it before going live

 

[Kazumu Fukunaga]

Purpose of demo is to practice. But not just random practice. With specific strategy and plans, one should practice on demo. Otherwise demo trading doesn't give any benefits.

 

[Kevin Vogt]

Demo trading helps newbie to understand trading mechanism. It also helps to test your strategy to find out its effectiveness. You can not use your strategy directly to your live account without knowing it's flaws.

 

[Alicia Lynch]

When I use a platform for learning, it is better if it is a demo. Because here I practice with fake money. This will develop my strategy and increase my experience.