for newcomers demo account is best because they have no experience and knowledge, they have lot to learn, they can also learn from a friend or from training video on internet.
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for newcomers demo account is best because they have no experience and knowledge, they have lot to learn, they can also learn from a friend or from training video on internet.
Micro account or mini account is the best for newbies as one can start with very less investments and trade.As standard account is for traders with more investments.
naey logon ko forex may demo trading say start kerna cheay laykin aksar loog demo account ko aik game samaj ker kertay hain jis ki waja say on ko kch khaas faida nae hota. iss liay mayri raey ye hay kay aap cent account open ker lain to 1 pip = 1 cent ki trading karain. keunkay jab real paisa involve hoga to phir aap ko kch samaj bhi aeyga
Yes, I agree with you, a newbie must open a cent account to start with. Because in a cent you account you can have as little as 1 cent per pip and that gives you enough margin to trade with ease. Secondly you can trade easily with a little deposit of 10$ in it also.
yes sure that are beneficial because atleast we have expectation of our profit when playing with real money and at the same time here is more concentration due to this real money . anyway i think all bonus account is not bad because so many time i took bonus and so many time i withdraw profits.
I think there is two type of welcome bonus , one is no deposit welcome bonus and deposit bonus and when no deposit welcome bonus offered by many broker then we need to read first term of condition of withdraw profit because sometime there is so much hard term that its become so hard to fulfill such condition.
Actually not most of the time it happen . there is also good welcome bonus have . i used so many welcome bonus and i have very good experience and very very bad experience also. so i think before take any welcome bonus we need to see condition first.
I am agree with you . i also think after learning of basic form demo its better to use cent or micro account with small amount because when we trade with real money then our concentration will be more and psychological factor also work here more and more then demo.
Yes, I agree with you, a newbie must open a cent account to start with. Because in a cent you account you can have as little as 1 cent per pip and that gives you enough margin to trade with ease. Secondly you can trade easily with a little deposit of 10$ in it also.
I think cent account is best for newbie, because newbie play the forex very less experience, so chances of loss are more than profit, and if a newbie play wisely, can earn profit. therefore profit and loss are bearable by a newbie.