Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: A demo account

  1. Top | #1

    Join Date
    May 2017
    Membership Number
    206
    As the User
    Member
    Posts
    94
    Posts Per Day
    0.04

    Default A demo account

    A demo account is a trading package that allows you to trade the market with real quotes in real time, but with virtual funds. A forex demo account is one of the best features of trading forex online. It’s serves so many purposes and it is so beneficial to a trader that this article is probably insufficient for listing all of its benefits. In my sense AGEA is the best one for demo trading.

  2. Top | #2

    Join Date
    Jan 2017
    Membership Number
    172
    As the User
    Forum Master
    Posts
    601
    Posts Per Day
    0.23

    Default

    Demo is such a facility which is funded by fake money. To me it is a practice ground which is being used to develop trader’s skill level. It is the first step to the neophyte traders because after achieving the theoretical knowledge they apply their trading ideas on demo account to prove their trading level. But expert traders are also using demo account to make them more competent. It is also use to judge a strategy or broker. Through demo account I have selected Trade12 broker which is really secure to me.

  3. Top | #3

    Join Date
    Jun 2017
    Membership Number
    208
    As the User
    Member
    Posts
    113
    Posts Per Day
    0.05

    Default

    Demo trading is very important for a trader. This is the place where you can practice your trading and can learn many things without investing money. Without making practice in demo account if a trader directly try to do trade, he may have to face huge losses. So for a trader it is very important to do demo trading for improve their trading skills. And also traders have to work with a good broker which can give all the facilities to do trade and also give real market condition for demo trading so that they can learn to do better trade. That's why I chose FXPremax broker.This is the best broker I have ever worked with.

  4. Top | #4

    Join Date
    Dec 2017
    Membership Number
    240
    As the User
    Forum Master
    Posts
    1,361
    Posts Per Day
    0.59

    Default

    A currency pair is the quotation and pricing structure of the currencies traded in the forex market; the value of a currency is a rate and is determined by its comparison to another currency. Bprimes is best for trading currencies. Major pairs are EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CHF, USD/CAD. They are giving me the opportunity to trade with major currency pairs. They can make you a consistent profit holder in your business.

  5. Top | #5

    Join Date
    Aug 2017
    Membership Number
    224
    As the User
    Forum Master
    Posts
    1,556
    Posts Per Day
    0.64

    Default

    The success of trading depends largely on trading psychology. Sadly, most traders either ignore this basic truth or don't realize how important it is to have the right mindset for a successful Forex trading. Yoga and meditation help to set mindset and brain in optimal condition. I am trading with Forex4you. I always try to keep my mind clear before trading.

  6. Top | #6

    Join Date
    Jul 2020
    Membership Number
    2243
    As the User
    Forum Master
    Posts
    1,060
    Posts Per Day
    0.79

    Default

    A demo account is an account where you can easily build up or gain strong knowledge about forex and there will be no money-losing chance. A demo account is very important for a new trader. You should use a demo account before starting live trading. Every new trader should use a demo account. I trade with Eurotrader. They are one of the best brokers I have ever worked with. They never make disappointment to their client.

  7. Top | #7

    Join Date
    Nov 2017
    Membership Number
    238
    As the User
    Forum Master
    Posts
    710
    Posts Per Day
    0.31

    Default

    Trading is risky. That's why Managing risk is very important for maximizing profit. I risk 2% of my capital for each trade. Similarly, the most silly introduction to risk is 4%. It proposes I open most crazy of 2 trades. I figure everyone should keep up their hazard association rules. Without overseeing risk in trading entire arrangement achievement is farfetched. Choosing a good broker is also important. I am trading with TP Global FX that provides amazing trading facilities. It's a fully licensed and regulated broker with super fast execution.

  8. Top | #8

    Join Date
    Jul 2020
    Membership Number
    2242
    As the User
    Forum Master
    Posts
    981
    Posts Per Day
    0.73

    Default

    Demo account is incredibly useful for new traders. I think Demo account empower student to see how the trading framework functions. With demo trading traders can sharpen his trading systems. Nevertheless, it is the live account that improves you as a trader. You have to trade with certifiable money to get the hold of the market. I started my trading with Eurotrader in their demo platform which works unimaginably well and synchronized to the live market prices. Presently I trade with them in their live market. They very low spreads. And minimum deposit is 50$.

  9. Top | #9

    Join Date
    Jan 2020
    Membership Number
    2201
    As the User
    Forum Master
    Posts
    373
    Posts Per Day
    0.24

    Default

    The most profitable and high rated investment business is Forex business which is also known as foreign currency exchange market. People do sell and buy foreign currencies for earning huge money. But if you want to trade comfortably join with the credible and reliable broker named TP Global FX. Because in this market this may the only broker who allow Cryptocurrency, bonds, stocks, commodities, Shares, Gold, Bitcoin and many others so you can choose any medium to become rich and invest in a safe zone.

  10. Top | #10

    Join Date
    Feb 2022
    Membership Number
    2498
    As the User
    Forum Master
    Posts
    609
    Posts Per Day
    0.79

    Default

    Ignoring demo accounts means harming thyself. Rather more and more demo trading is essential for better knowledge development. Eurotrader allows traders with a smooth trading platform, all trading pairs availability and narrow trading spread.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
MetroVB Theme By XiTCLUB