Demo account must be maximized as well as possible. We can try to use it to get better skills. It will help us to be successful trader. And in fact, demo account is also useful to test EA before we use it in real account. But for traders who are trading manually, can use it to hone skills
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03-11-2014, 04:13 PM #11
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20-11-2014, 11:49 AM #12
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To learn forex trader takes time and a long process to be able to obtain an optimal experience prior to using a real account. trader should use a demo account first to learn. I also use a demo account before using in a real account Armada Markets. I spend approximately 8 months before switching to a real account
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25-11-2014, 11:25 AM #13
Demo accounts are indispensable for traders because of the demo account then we will get trading skills increasing. with a demo account we will be able to trade all the more because the demo account can be utilized to improve trading skills without worrying at risk
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25-11-2014, 09:25 PM #14
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I completely agree demo has to be the best source for learning, but the problem is that we get bored too early and even if we are able to trade it’s mostly about passing the time instead of actually learning since there is no motto behind it. I really want to thank OctaFX for their lovely demo contest Champion and cTrader, it allowed me to trade on demo with great motivation due to the prize up to 400-1000 USD and the best part is that we get so many chances to participate.
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27-11-2014, 09:08 AM #15
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you are right demo trading is great learn system. To used demo anyone can learn Forex easily because in demo we use virtual money. so we have no stress when we make mistake. So without loss we can easily able to make good trading skill. I also gain knowledge about forex trading video tutorials. Forex Trading Video Tutorial contains hours of video dedicated to multiple Forex aspects you need to become a more knowledgeable trader. Every nuance of trading at Forex market is covered in this simple and easy to catch tutorial – from basic concepts to advanced skills.
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01-12-2014, 04:13 PM #16
I also still use demo account in TenkoFx. For new traders, surely it will be helpful. Forex education from broker also must be maximized. IN forex, we should not stop to learn if we want to get more maximal result here.
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03-12-2014, 11:45 AM #17
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of course we must to maximize our skill. Demo account is an appropriate means for traders in the develop forex business. demo account gives us a lesson on how to operate the platform as well as an analysis using indicators to trade. I use a demo forex account when starting a business in the Armada Markets. Now I've found my best way of trading is by using scalping. this method is very suitable for me to apply in this broker because this broker perovide me the spreads as low as 0.0 pips; no re-quotes, delays nor interventions; scalping, EAs and news trading allowed; STP, DMA and NDD; Leverage up to 1:500; trade from 0.01 lot; minimum deposit 50 EUR/USD/GBP/PLN provide me the comfort to trade with my style without worried
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11-12-2014, 04:40 PM #18
We must use demo account as well as possible to make us be more ready. The experience we get from demo account can be used to make us be more ready in forex. We also can try to use real account to make us be more ready in forex. I think cent account in TenkoFx also can be a choice.
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14-12-2014, 03:29 PM #19
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15-12-2014, 10:25 AM #20
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Demo account is one of the powerful tool and a lot of knowledge, experience, trading skills and good money management policies through regular practice and moreover, demo account is big source of learning also enabling traders to survive in real trading account so demo account has special importance in Forex trading.
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