Quote from: @sriyan on Today at 08:03:00 AM

Quote from: Davidvictorson on March 30, 2023, 08:12:33 PM

What is your honest review of the Demo account?
Do you think that should spend so much time trading on a demo account? I believe that in demo trading, there are no real consequences for losing "money". If you notice, the pain is different than the one felt when you actually experience a loss on a live account. Demo trading simply helps the newbie get acquainted with the trading platform, and it should only be for a few weeks. Compared to live trading, demo trading lacks the ability to mental and emotional resilience. For me, the real trading education starts where demo trading ends. What do you think?

1. admiralmarkets.sc/education/articles/forex-basics/...f-forex-demo-account
2. http://tradethatswing.com/when-to-switch-from-demo-to-liv...rading-real-capital/

Yes. you are correct. But you will get more experience with the trading platform with paper trading. Let's say someone does not have capital and needs to test his strategies, he can try out demo trading. I will recommend this to any new users.

Demo trading is basically just for beginners to get them to know more and I think that's about it,
because in demo trading it is like set up can easily make profit,
obviously it will be very different from trading for real.