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Why Demo Account


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Using a demo account is a good opportunity to make sure that you feel comfortable using the brokerage trading tools. You would not want to trade real money without being fully comfortable with the trading platform. A demo account will not only help you get a grip on how to use the brokerage trading platform, but also trading the market in real time. as I did before choosing FBS , I open a demo account first and see the performance of the server as well as the platform that will be used in real trading

I want to share about the experience of the trader who won the advantage of $5 cash bonus rewards from FBS. his name is Yuri Bondar from Russia. he got Earned: $2453.26

Could you please give some professional advice to traders who’ve just received $5 Bonus?

The only advice I can give is: Be confident in your trades and analyze your mistakes. And the most important is trying to understand your losses.

I wish a profitable trading and prosperity to everybody!

 

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  • 1 month later...

Demo trading can help us get experience of forex trading . we will get a lot of information and knowledge from demo trading . we must learn knowledge of forex and make progress in the trading . before opening a micro account in FBS, I also learned about the forex on demo account

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Demo account as a reflection for our account. because with a demo account so we can get a good trading skills. And with the demo account we can trade like a real account. One thing that is different from the demo account trading is psychology. to train trading psychology then we need a real account

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  • 1 month later...
Apparently demo account is as like as a Poker game not casino but it is very essential for every traders. As per my view, without trading demo none can be a rich trader that's why it is better to practice more than 8 month to go to a Real account.


By the way, if you are looking for an outstanding and convenient demo platform then I strongly recommend you to use OctaFX Demo platform cause this platform supports all the trading tools strategy like EAs, Hedging, Scalping etc. Also this broker always offers a nice demo contest even right this moment they are running OctaFX Champion Demo Contest for everyone.


So register in the contest, trade your demo account like a champion and be a winner and a total prize fund of 1,000 USD monthly may be yours!

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Demo trading is the best way of leaning and practice also main key of success in forex trading business. I think more demo trading more experience and knowledge then more profit. Practice make a man perfect.

all businesses including forex business or the other can not directly generate instant profits. all of them through the learning process. one through account no deposit ( free 5 USD from FBS (.

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Demo trading plays an important role in Forex trading business. Traders can not simply ignore demo account. Its necessary and helps for several times. OctaFX, one of the worlds most renown and most profitable Forex brokers, offers free demo trading service for all. Demo account is necessary for Learning trading when you are new.

After learning basic steps, things you have to use demo account to be experienced. I have started my trading with OctaFX broker and used demo account service to learn trading. Its even better Idea to go with demo trading instead to wasting money to learn from so called Forex experts.

After that, though my broker OctaFX shares all the important news and technical analysis, but I do use demo account to analyze forex market. Demo is for testing strategies, checking indicators. Joining Demo contest, you can even make Free profits from OctaFX broker.

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We need to use demo account so that we will be more confident in using the platform. Without demo account it is impossible to dare to trade in real account because it involves our real money. Demo account is important for newbies.

if you want to open a demo account, Open an account in less than 3 minutes and start your trading today. besides, you can get free money for 5 USD if you first trading with FBS. but if you want to find the sensation of using a real account, then FBS give 60% deposit bonus

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I'm a part-time trader too in forex. I think if we wanna trade in forex, we should use demo account first before using real account. Because forex is risky business, if we directly use real account, i think we will just spend our money in vain, especially if we dont wanna learn from our experience. I think welcome bonus like 15EUR from Armada can be used by trader who wanna start trading with real account if we have understand the basic of trading using demo account.

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Demo accounts are very good for improving good trading skills. with a demo account we can improve trading skills are good so that maximum results can be obtained. for that, we must use a demo account with either. because then we could try to trade well

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  • 6 years later...

Every traders want to make profit from the forex market. Making profit is not easy at all. Those who has enough knowledge about the market and the trade can make profit. Sometimes broker can be helpful to make profit. I always trade with TP Global FX. It helps me to take decision about trading. By help of this making profit is little bit easier for me.

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  • 1 month later...

One of the trading tools offered by the brokers is a demo account. These accounts are funded by fake money which allows the potential consumers to experiment with the platform and its features, before deciding to open a real trading account with the broker.

These accounts are given by every trading platform such as stocks, foreign exchange trading venues, and commodities exchange. These demo accounts are a way for consumers to test the client’s experience and features before committing their money to these trading platforms or paying the commissions.

The potential clients who want to experiment with risk-free trading strategies can sign up for these trading tools. Once you set up the demo account, you can use the paperMoney mechanic for buying and selling stocks using fake funds.

You can test those trades under real and live market scenarios. It is ideal for those who have always wanted to trade but do not have necessary funds.

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Demo trading provides virtual money for every trader. Demo trading is one of the most popular basic ideas for beginner traders. There is no fear of losing original money when you do demo trading and you can learn to trade well. I used to use the Eurotrader broker's demo trading account when I was a new trader. Now I trade on this broker's real account. The services of this broker are very reliable.

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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$.    

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  • 2 weeks later...

Demo account is a very important part of a trader. Every trader should use a demo account for maximum profits earning. You can gain your knowledge in the demo account and there will be no money-losing chance. If you use a demo account then there will be no money-losing chance, no fear. You can easily gain forex knowledge by using a demo account. I used a demo account.  Now I am earning a good number of profits. My broker Eurotrader helps me a lot. They are one of the best brokers I have ever worked. They are really very supportive and helpful.

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A good trading strategy is important in forex trading. Therefore, before selecting a trading strategy, you need to properly the back test it. If it doesn’t perform well adjust it and make a profitable trading strategy. Later, when you can trade it with real money. I always use demo account first to test new strategy before using in real account. Luckily my broker Eurotrader give me free demo account.

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There is a lot to learn from demo trading. Demo trading is a part of trading education. Many beginner traders face losses by trading live. Because they cannot gain proper knowledge about trading. Basic knowledge about trading can be gained by doing demo trading. And it is not possible to be successful without basic knowledge. Demo trading should be done to collect trading information. When I was a beginner trader, I used to trade on Eurotrader brokers. Now I do live trading under this broker.

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