myregister Posted October 26, 2014 Share Posted October 26, 2014 I think when we talk about forex and including margin trading then all brokers that i ever meet also offer free demo account for traders, i never see a broker which i think mostly online now don't offer demo account, as this kind of account is crucial for newbie. I recommend FXDD or FXCM. Quote Link to comment Share on other sites More sharing options...
Milo Beck Posted November 3, 2014 Share Posted November 3, 2014 I don’t think there is any broker that does not have a free demo account. If we talk about 10-15 years back then even demo account was available only after paying a fees, but now we are free to open as many demo accounts as we like. That is what has made Forex so much popular due to such amazing offers. I would also share the credit to brokers like OctaFX, as they offer free demo account but the additional benefit of making it into a contest account is wonderful. They have various demo account like Champion and the latest cTrader where there are prizes up to 1000 to 500 USD and also we can participate regularly without any restriction. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 5, 2014 Share Posted November 5, 2014 each broker provide free demo account so that we can use to practice trading well. with a demo account we will be able to practice trading with maximal. if there is not a demo account so you can imagine how much money we spent to learn trading Quote Link to comment Share on other sites More sharing options...
myregister Posted November 8, 2014 Share Posted November 8, 2014 I agree that we can find a lot of free demo account, and i think you all can find it just by googling it, for me it isn't that hard to find that kind of broker right now. Demo account must be the essential part of broker so that is why all brokers now offers free demo account. It is not like what it was around 90's. Quote Link to comment Share on other sites More sharing options...
adil007 Posted November 27, 2014 Share Posted November 27, 2014 There are many brokers which would provide a free demo account, for instance insta forex provides a demo account, also mayzus and if I am not wrong fresh forex gives demo account as well, and demo accounts are always free since they are for practice. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 28, 2014 Share Posted November 28, 2014 Not many but as far as i know that all kind of broker especially for those who prefer margin trading will offer demo account. This is a good place for newbie and the place to attract people for their first time to trade, also with the cheap infrastructure, trading become easier and demo account is a valuable things for all forex brokers. Quote Link to comment Share on other sites More sharing options...
adil007 Posted December 1, 2014 Share Posted December 1, 2014 Well in my view demo accounts are always free from the brokers, at least from what I have seen till now all the brokers where I have been to offer a free demo account since this is only for practice and learning and nothing more and they are really important to learn from our mistakes in real trades. Quote Link to comment Share on other sites More sharing options...
Jacob McGivens Posted December 2, 2014 Share Posted December 2, 2014 There are many brokers which would provide a free demo account, for instance insta forex provides a demo account, also mayzus and if I am not wrong fresh forex gives demo account as well, and demo accounts are always free since they are for practice. It will shake my up, if there is any broker that charge fees for demo account, as even the worst of the companies have first facility of free demo account. In fact times have changed so much that brokers are willing to offer free promotion of no deposit or demo contest, so that people understand their system and select them for real trading. I trade with OctaFX, it obviously has demo account which is free, but the best part is that they have 2 demo contests that we could participate in order to learn and earn at the same time. Champion and cTrader contest that they offer are totally different from each other, as one is a monthly and other is weekly, but both have great prizes and the main point of motivation to learn is available. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 28, 2014 Share Posted December 28, 2014 Well in my view demo accounts are always free from the brokers, at least from what I have seen till now all the brokers where I have been to offer a free demo account since this is only for practice and learning and nothing more and they are really important to learn from our mistakes in real trades. It will be always be free, Demo account is an essential account for many traders right now. That is a place for trader to learn with virtually NO RISK, also an account for trader to use for free and gain more income for them if they join demo contest. Quote Link to comment Share on other sites More sharing options...
standart Posted January 5, 2015 Share Posted January 5, 2015 almost all brokers offering demo practice account. however, there are those which set limit period. otherwise, there are brokers who set no limit in use demo account. we can practice as long as possible, according to our necessities. we can construct understanding and measuring how the market behave without necessary to worry to losing money. Quote Link to comment Share on other sites More sharing options...
aliforex Posted January 5, 2015 Share Posted January 5, 2015 It will be always be free, Demo account is an essential account for many traders right now. That is a place for trader to learn with virtually NO RISK, also an account for trader to use for free and gain more income for them if they join demo contest. Right, we can try to explore forex and the experience from demo account can be initial capital for trading. We must have fund and also skills in forex so, let's prepare ourselves before we start trading. Quote Link to comment Share on other sites More sharing options...
myregister Posted January 6, 2015 Share Posted January 6, 2015 Nowadays we can see that many brokers offers demo account for free. They are using it for their own purpose and aside from that demo account is good as the attraction for new traders or experienced traders that seeks to use more than one broker's services. You can say this is as test purpose. Quote Link to comment Share on other sites More sharing options...
standart Posted January 7, 2015 Share Posted January 7, 2015 well, majority brokers offering demo account. however, there are who offer limit period but some others offering no limit period in use. like or not, we should learn how to trade effective. market complex and move uncertain, without skills and strategy, we won't able to handle all of potential problems. that is why we need to take learning and perform demo practice. Quote Link to comment Share on other sites More sharing options...
gaban Posted January 9, 2015 Share Posted January 9, 2015 each broker providing demo account and we need to use a demo account with either. because the demo account then we will be able to practice trading. and with a demo account we will be able to choose the leverage to trade so that we will be able to use leverage in accordance with our ability Quote Link to comment Share on other sites More sharing options...
mcliffi Posted January 9, 2015 Share Posted January 9, 2015 Demo account is the best option for one to learn about forex.You will always get enough information you want if you make trades with a demo accout.I have tried one and i can say it is fantastic.Mayzus offers a demo accout and even amanda markets.You should not depend on the demo accounts alone,you must trade with a real account for you to earn in forex. Quote Link to comment Share on other sites More sharing options...
myregister Posted January 9, 2015 Share Posted January 9, 2015 well, majority brokers offering demo account. however, there are who offer limit period but some others offering no limit period in use. like or not, we should learn how to trade effective. market complex and move uncertain, without skills and strategy, we won't able to handle all of potential problems. that is why we need to take learning and perform demo practice. As far as i know no one that offer limited period in this case i am assuming that if we keep using it regulary like once in a week for example. By the way can you tell me what kind of broker that has limited period for their users. Before Online trading i see demo account does not exist, until it become easier to access internet demo account offered for free. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted January 9, 2015 Share Posted January 9, 2015 As far as i know no one that offer limited period in this case i am assuming that if we keep using it regulary like once in a week for example. By the way can you tell me what kind of broker that has limited period for their users. Before Online trading i see demo account does not exist, until it become easier to access internet demo account offered for free. Demo account is very helpful. If there is no demo account in forex, we will only spend money in vain. Using demo account, at least we can try to learn the basics of forex trading. Even until now, i still use demo account in TenkoFx "Invite your friend, get $10 and win $5,000" Quote Link to comment Share on other sites More sharing options...
myregister Posted January 13, 2015 Share Posted January 13, 2015 Thanks for nowadays broker that offers free demo account for their clients, and to be honest this way is more effective to prove if one broker is good or not. Also this is a great tool for a broker when it comes to promote their own broker. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 14, 2015 Share Posted January 14, 2015 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 Tickmill. 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 Quote Link to comment Share on other sites More sharing options...
aliforex Posted January 14, 2015 Share Posted January 14, 2015 Thanks for nowadays broker that offers free demo account for their clients, and to be honest this way is more effective to prove if one broker is good or not. Also this is a great tool for a broker when it comes to promote their own broker. Yes, i also get in InstaForex. Even we also can use demo account to take part in demo contest and also make us get chance to win the prize. But if we are new in forex, we must use demo account as well as possible to hone skills Quote Link to comment Share on other sites More sharing options...
myregister Posted January 15, 2015 Share Posted January 15, 2015 Not only instaforex but also another modern brokers which connected to the internet and has server to process the payment of traders. In my broker that i am using right now which is FXDD, we can even create unlimited amount of Demo account for free, but if you don't use it for 30 days your account will be close. Quote Link to comment Share on other sites More sharing options...
gaban Posted January 20, 2015 Share Posted January 20, 2015 each broker providing demo account and we need to use a demo account with either. because with a demo account so we can train good trading skills so that we will be able to trade the maximum results. if the broker is also holding a contest demo then we also need to use it well Quote Link to comment Share on other sites More sharing options...
myregister Posted January 21, 2015 Share Posted January 21, 2015 I think that is more for their promotion and to keep those potential client to join them later. I am sure you when start trade will prefer to use demo account to see if this broker works well or not isn't it? So do with newbies who just start to know WHAT is that forex? Quote Link to comment Share on other sites More sharing options...
Bee Posted January 21, 2015 Share Posted January 21, 2015 Most forex brokers these days provide unlimited demo accounts. Only a few who offer a limited demo account, usually valid for only 30 days. It's just a marketing strategy. After all, if you use to trade in one broker and don't find any unsatisfactory experience, most likely you will open a real account with them as well instead of trying a new broker you have no experience whatsoever. Quote Link to comment Share on other sites More sharing options...
myregister Posted January 24, 2015 Share Posted January 24, 2015 Broker that offers free demo acount is normal for today, before you should pay some fees for this virtual account but thanks to the advanced technology you don't have to do this anymore, if we talk about which is the best for me all virtual account that offered by a licensed broker will be the best for you. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.