Demo is definitely helpful to give you basic understanding on how to perform with strategy and style of trading.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.
Likewise, I agreeYes. 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!!
Yes I knowyes 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
That's right. Gaining good knowledge and practicing strategies on demo will take traders close to success.With one demo account, of course, you will not be able to study the forex market, so you need to have additional knowledge.