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what can traders receive from demo?


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On 6/16/2022 at 11:46 PM, Vaabum said:

The most important result of such work is experience. I think that many beginners should pay attention to this. At least, when I started working with a broker from ExpertOption, I paid attention to this.

The trades that we are doing will also depend on many other factors present into the markets.

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  • 4 weeks later...

Traders can get a risk free environment that does not involve any real money or risk, so traders can use it to try out new strategies and skills.

The demo accounts from brokers like Avatrade and FP Markets also provide educational materials that help in developing forex knowledge for newbie traders.

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On 8/2/2022 at 7:00 PM, Vaabum said:

The most important thing is experience. At a minimum, when I started working with a broker from ExpertOption, I tried to use a demo account in order to gain enough experience.

You can start trading in the Forex Markets with a Deposit of 100USD in ECN Account of FXOpen Broker :)

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On 1/18/2023 at 5:30 PM, ThomasFernandez said:

It's mostly the experience gained from using a demo account and also the demo account can help traders familiarize with the brokers platforms.

Sometimes I use demo ECN FXOpen broker to test trading strategy or when trying ea and learn trading for fun, in demo account we can trading without fear losing money at all, but we can take benefit from improving trading skills.

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