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Demo VS real


bringpeace

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  • 2 weeks later...

From  experience, I can say that without knowledge in this industry it is generally unrealistic to achieve any results. When I started working, I worked with a demo broker account from Amarkets to gain knowledge. And only then he already moved to the main account.

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A demo account helps traders practice trading beforehand and determine the potential risks of trading since they get to trade in a risk-free environment using virtual money. But a live Forex account is meant for traders who are experienced enough to calculate their risks and place accurate or profitable trades.

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Trading the demo account like a real account never works out. There a lot of people who say that they can trade the demo account the same way that they trade the real account, but for me that is one thing hard to understand.
There will always be a difference in both accounts.

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  • 4 months later...

I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information.

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