Is there benefits in trading the demo account?

[Danny4cash]

Practice make perfection. Even if you read all the book on forex trading and watches all the uploaded to youtube on it, if you're not practising what you learn, you cannot be called a forex trader. Demo account provides opportunity to trade without spending your money.

 

[Syldan]

There are alot of advantages of teafing in demo account simply because I believe it's a training ground for you to learn and be able to run a forex trading successful based on the experience you got.

 

[tray59]

There are alot of advantages of teafing in demo account simply because I believe it's a training ground for you to learn and be able to run a forex trading successful based on the experience you got.

Demo account is the right place for you to get trained if you want to make it faster in trading then you need to start your practice from the demo account it is the demo account that many strategy can be master

 

[Mostee501]

Yes, there are several benefits to trading with a demo account. It offers learning and practice, risk free environment, strategy testing, market familiarity, technical analysis skills and confidence building.

 

[tray59]

The demo account is the first step to any direction traders otherwise you won't get any experience so practice at first in your demo account to gain the necessary experience before you proceed to real life account

 

[Ja Sa Bong]

We cannot dispute that there is no huge benefit in trading the demo account before we go directly into the live trading . This let us have the opportunity to understanding the basics in forex trading before we can try to invest the real money.

There's no monetary gain in using a demo account to trade. The only benefit of using demo account is for study and learning purposes. The demo account makes possible for you not to lose money when you're only a newbie rookie trader.