there is a lot way for you to learn about trading, but if you use demo account please use the trusted one since nowadays there is many cases about scammer used trading platform to scam
Actually yes!
it is essential because you have to develop a trading system for yourself and you can test it on the demo accounts but if you think you need a great challenge go and open cent accounts so you will not lose as much as I and other traders lost on the first steps.
Hey everyone! just want to ask anyone here who are using trading platforms, it is must to have a demo account ?
I mean before getting involved deeply in trading? an what is the function of demo account?
I wanted to know because I want to try to trade but is it nessecary to create 1? if yes, which broker will u suggest to me?
The demo account is necessary even if it is for a short time. But be sure to work with the demo account first and then enter the real account. And in choosing a broker, you should see what characteristics and features you like, because most brokers have a demo account.
It is obviously better to test your strategies and know your stuff before taking them to the real thing, right?
So, it also provides a means of familiarization for newcomers to the trading world, so it's a bit pointless to wonder how demo accounts can be useful.
It is obviously better to test your strategies and know your stuff before taking them to the real thing, right?
So, it also provides a means of familiarization for newcomers to the trading world, so it's a bit pointless to wonder how demo accounts can be useful.
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