Demo vs Real

[Hansip]

I suggest newbies to trade at DEMO Account 1st and after that in REAL .I am very new to forex, been trading on a demo account from various brokers for 2 weeks. I am very consistently making profit,Practice or demo accounts, on the other hand, consist of simulated trading accounts where no actual money is placed at risk.

Experience in the market is which pays you as far as the experience is concern it can be best achieved by the demo trading one should gain maximum out of the before stepping in to online trading . Step by step one should move forward for becoming a good trader for this it is necessary that your 1st step be demo trading.

[Erica]

Demo is more important than real , don't you think so ?
Any one has a new strategy he should not use it on the real accounts , that is not recommended from him . Any one want to profit should test that strategy first on the demo account then he can use if on the real

[wazid201118]

we can trade better in real accounts and it will give us real experience of making money.Demo accounts are just like real but not happen things here like real.so we use it just to learn trade and apply them in real accounts.

[saad]

In my view the demo trading is of great importance for new traders as well as the senior traders as they can test their strategies on them, the different is that the money on demo is virtual and you don't lose you r money nor even get profit, but in real the money is real and profit and loss are also real.

[alienhunter]

Yes you are right. Even when i started forex trading by demo account i also was in profit. But when i came to live trading started losing my investment & found that there is a reason named EMOTION. Actually when we trade in demo account, we dont feel any fear or greed for losing of money or gather more, because we know that its not real money. But in live trading money is real & profit/ loss also real what makes us fear of losing money or keep waiting for more profit, thats why most of the new traders failed to take right decision at the right time. So i think after demo practice new traders should start live trading with small investment (1st investment)for more experience.

[spread55]

I think Demo is greater than real trade cause demo is the best platform for gaining money. Here we can learn many and it teaches how to earn money from real market

[zahidrock]

demo is copy of real market, but you dont get feel from market movement, you cant practice your psychology in demo, you'll never learn how to manage fear and greedy, so starting using real account if you already learn about basic system of forex

yes on demo account its not possible to control greed and fear. Because on there you can't use your own real money. And without real money you can't control your emotion. So try to start real account for practice.

[wulandari]

I think that one is depend on other . In my view demo account is the greatest way to learning Forex. After practicing demo everybody can go to real. On the other hand demo is a copy of real. So we can say that two are important..

demo is copy of real market, but you dont get feel from market movement, you cant practice your psychology in demo, you'll never learn how to manage fear and greedy, so starting using real account if you already learn about basic system of forex

[mondemonde]

hi everybody,
my brother as differentiated between a demo account and a real account is that in a demo account you can trade without fear of loss because the capital is virtual and risk nothing
by cons in a real account you trade with fear of loss that may impact our strategies.
good luck to you all.

[yogesh]

Not always experience and practice alone shall decide profit or loss of a trader, When trading on real there is some difference - there is real risk of loss so you shall not be able to take such bold decisions as you did in demo. But it does not mean that demos are not waste, they in my view really help to get you hands on exposure of trading but after that spend some time on cents account for real experience.