Can I really learn forex with DEMO

Madmaria

Newbie
May 18, 2020
5
0
1
26
I think a forex demo account will help you learn, I don't think it won't work. Knowing how the industry projects itself is important, because the collective combination of all participants creates the market in which you trade.
 

Hannah

Newbie
May 15, 2020
4
0
2
29
Nothing can make you learn trading in a better way than practicing it on your own and that is exactly what demo lets you . It provide you experience and confident to trae with real money and guide you with strategies to make profit.
 

Ximen

Newbie
May 29, 2020
1
0
2
34
Is it possible for me to learn Forex only by trading in Demo, what about live trading doesn't that help to ?
 

Hannah

Newbie
May 15, 2020
4
0
2
29
Certainly! It is not just a better option but the only option if you want to be successful in trading. You cannot really do any learning in a live account. Messing with a live account when you don’t know trading yet is very dangerous. So, it is very important to use a demo account during your learning period and become an expert in forex trading.
 

galaxy

Banned
May 25, 2020
27
7
14
44
From my experience as a beginner to Armature trader, i would recommend every beginner to start of trading from a demo account before going live.

The live trading may not be similar to the demo but does give you the basic learning and structure of a live trading.
Demo is definitely helpful to give you basic understanding on how to perform with strategy and style of trading.
 
Oct 22, 2016
9
0
17
34
www.youtube.com
Yes. Absolutely you can learn from on from demo trading since when you will open a demo account on your trading platform it acts as like real trading only the difference is you will be able to withdraw funds on real trading where on demo trading you can't. Just one thing has to be on traders minds that you are on it and you must have to increase your first deposit money and obviously should follow proper money management system. cheers!!
 

galaxy

Banned
May 25, 2020
27
7
14
44
Yes. Absolutely you can learn from on from demo trading since when you will open a demo account on your trading platform it acts as like real trading only the difference is you will be able to withdraw funds on real trading where on demo trading you can't. Just one thing has to be on traders minds that you are on it and you must have to increase your first deposit money and obviously should follow proper money management system. cheers!!
Likewise, I agree
 

Torinnarat

Newbie
Jul 2, 2020
17
1
4
33
yes you can, but you need to understand that between the demo and real there is a huge difference, even if you take the emotional aspect
 

Terry_8

Trader
Mar 23, 2020
252
9
19
54
With one demo account, of course, you will not be able to study the forex market, so you need to have additional knowledge.
That's right. Gaining good knowledge and practicing strategies on demo will take traders close to success.
 

Jude.A

Banned
Aug 20, 2020
2
1
4
35
Yes, its possible to learn about forex in demo because the live account is quite similar to the demo account and based on my experience with demo i was able to build strategy that could help on live trading.
 

Oswald

Trader
Apr 12, 2019
72
7
24
36
I find that demo account is extremely useful for beginners. Here you can test your skills and see if you are ready to go live. If you are experiencing losses on demo account than it is perfect place to see what needs to be improved in your trading skills or strategy
 

Zalea

Newbie
Sep 15, 2020
28
2
4
28
A demo account is very essential for newly comer. There is a multitude of benefits associated with practicing on a demo account, including Actual practice in a live market environment. The ability to familiarise yourself with the technical aspects of the software platform.
 

Joshua91

Banned
Jul 31, 2020
7
1
2
32
Using a demo account can really help in learning forex. But traders trading with a demo account cannot learn the emotional side of trading, so master the basics in a demo and then switch to live for proper emotions.
 

Jerry_Ken

Trader
Dec 11, 2020
57
5
9
34
Demo is the best way to start learning forex trading since it familiarizes you with the working of a platforms and you can even test your strategies there.