RodriJames12 Posted April 26, 2023 Share Posted April 26, 2023 It's possible that some traders prefer to use expert advisors to automate their trading without human intervention. Before using an ea in a real and live account. However, they must first test it using a demo account. This takes time, but if the EA is successful, it may also produce successful trading results in a real account. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted April 26, 2023 Share Posted April 26, 2023 Traders can receive several benefits from a demo account, such as gaining experience in the market, practicing trading strategies without risking real money, testing the functionality and features of the trading platform, and getting familiar with the broker's trading conditions. Additionally, demo accounts can help traders develop discipline and patience in their trading approach, which can be beneficial for their long-term success as a trader. Quote Link to comment Share on other sites More sharing options...
Namu Posted April 27, 2023 Share Posted April 27, 2023 The demo account facility is the right choice for traders to learn about how to trade forex. In addition to the demo account, the broker FreshForex also provides forex webinars and training, so I can deepen my understanding and knowledge of forex trading. Quote Link to comment Share on other sites More sharing options...
Namu Posted May 1, 2023 Share Posted May 1, 2023 The demo account facilities provided by brokers are really very helpful, and in addition to the demo account, FreshForex broker also provides education for traders who want to know more about the forex market. I myself have been a member here for a long time, and I can also maximize profits by taking advantage of the 300% deposit bonus. Quote Link to comment Share on other sites More sharing options...
radex78 Posted May 1, 2023 Share Posted May 1, 2023 Sometimes you need demo account to backtest trading strategy, trading forex is high risk, not always in daily trading will easy to catch a good profit, sometimes loss. There are traders get margin call they need demo account to learn back how to manage account well. Quote Link to comment Share on other sites More sharing options...
nanamage Posted May 2, 2023 Share Posted May 2, 2023 The advantages of a Freshforex demo account are: 1. As a means to learn and practice to increase knowledge and experience without any risk of loss at all. On a demo account, we can learn and practice calmly without burden while continuing to try this business. 2. Another advantage of a demo account is that it prepares and forms good (mental) character to become a professional Forex trader Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 30 Share Posted January 30 On 5/1/2023 at 12:35 PM, Namu said: The demo account facilities provided by brokers are really very helpful, and in addition to the demo account, FreshForex broker also provides education for traders who want to know more about the forex market. I myself have been a member here for a long time, and I can also maximize profits by taking advantage of the 300% deposit bonus. With the help of the Demo based trading accounts we can learn trading and also at the same time start doing better trades. 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.