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Demo trading


Robert M

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There are so many beginner they rush and jump to real trading without proper preparation learn in demo account. The first step for beginner involved in forex business is learn basic then practice using demo account. All broker offer free demo account included in FXOpen broker provide demo ECN, simply to open new demo account we can start from MT4 trading platform. Click "File" then "Open an account" then choose demo server and furthermore.

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14 hours ago, Lechosław Król said:

Trend identification is a goof chapter of analysis. Always try to avoid trading in confusing zones because it is risky for traders. Keep developing your strategies and run market innovation. You can use all the technical tools provided by Eurotrader broker to analyze the market technically.

There are so many trading tool in the platform trading, we take one or two indicator as help tool to making decision trading. Using so many indicator is not recommended because will face complex trading signal on each indicator will make confusing traders. In FXOpen account trading usually I use three indicator only. 

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  • 6 months later...

Demo trading allows you to practice trading strategies and gain experience without risking real money. It helps you develop your skills, test trading approaches, and build confidence. However, it lacks the emotional impact and execution differences of live trading.

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  • 2 weeks later...

The demo account facility is the right choice for learning about forex trading. By using a demo account, we will learn how to manage risks effectively and gain experience and preparation for future trading on a real account with FreshForex broker.

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Sometimes trading in the real account you find a hard time making a profit, back to a demo account is a good way to continue learning the market, because not all market conditions are easy to catch a profit, looking momentum trading is a way to increase profitability trading, and we can learn from demo ECN FXOpen

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  • 4 weeks later...

You can use a demo account to test your order, I see there are traders they open trades on the demo just want to know the trend market with open buy and sell at once time, when he confident with the trend decision will open trades in real account, this is a unique idea in forex trading business.

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  • 3 weeks later...

The demo account is vital to every trader, especially for beginners entering into forex. It helps to get the experience of trading and taking in different positions which is not the same with live trading.

I would advise trading using a demo account with the amount of capital you intend to start live trading using actual money.

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Trading in demo ECN FXOpen, if want to gets feel trading in the ECN network, trading in an ECN account gets more benefits including tight spread, no requote problem so the best choice for scalping, however, need to become concerns trading in an ECN account is when the news release high impact, the spread could be wider because the market in low liquidity and highly volatile. It is too risky to trade in news high impact.

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  • 3 weeks later...

After learning at demo trading, using a cent account for beginners is the right first step for novice traders. After being consistent enough on a cent account, we can switch to a Freshforex micro account, which provides many benefits such as low spreads and large deposit bonuses.

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  • 2 weeks later...
  • 2 weeks later...

When compared to a conventional forex business, it can be considered a safe business too. Everything always has a risk, if we want to trade safely and comfortably in forex, at least we have to have sufficient funds to maintain margin. Profit targets must also be appropriate, not too big but enough for us. If you don't have funds, you can use a demo account Freshforex.

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All the facilities provided by the broker should indeed be utilized to the best of your ability. In addition to the facilities offered by FreshForex, they also provide attractive bonuses such as deposit bonuses, cashback, and others. To obtain these bonuses, you can contact their support and enter the code 'onlyfresh0923'.

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When we think not yet confident trading in a real account, we can trade in demo ECN FXOpen to practice trading without any risk, at present still running a contest free in the demo account Ticktrader with a total prize $600 at forex. game, if you want to join, the contest registration is still open until the contest ends 28 October

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A micro account is suitable for beginner to start trading with lower risk because the contract size in the micro account is lower than a standard account, FXOpen International also provide account trading for beginner in a micro account that is designed for newbie traders, traders can start using smallest lot size 0.01 micro lot, this is a good step for learning real account with low risk.

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On 12/11/2020 at 5:58 PM, Robert M said:

 

Hi., the broker I'm following is holding a prize event!

🥳 FRESHFOREX BIRTHDAY CHALLENGE

Get ready for an exciting challenge as we celebrate our birthday with a prize pool of $119,000 🥳

From October 2nd to October 31st, complete daily tasks and get guaranteed participation bonuses. The most active participants will battle it out in the rankings for cash prizes 💸

Prize Pool: $119,000

1st Place — $30,000

2nd Place — $20,000

3rd Place — $15,000

4th Place — $10,000

5th Place — $5,000

6th to 10th Places — $3,000 each

11th to 15th Places — $2,000 each

16th to 19th Places — $1,000 each

20th to 119th Places — $100 each

Complete 1 to 3 tasks of varying difficulty levels daily, earn points, and climb the leaderboard. Only our subscribers will get a sneak peek at the tasks 3 days in advance 😉 Tasks will be updated daily on our website.

Turn on notifications, and seize your opportunity!

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Demo trading benefits for newbie traders to learn trading without any risk, we can try many sorts of trading strategies from regular strategies to extreme strategies to find the best one that suits our style, or we can join demo contests for free with real prize cash, like Ticktrader challenge 2 which the prices up to $600 for winners, however trading in demo contest usually less good to improve money management because typically traders will use maximum size to pursuing big profit.

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