Demo vs Real

[malik83]

i think practice on demo account is very useful for your trading and before start trading in forex market you should be able to trade in forex with fully confidence and try to manage your capital witch is possible by practice on demo account.

[siberian]

if u have little or basic knowledge than u can start with cents..coz it need little amount and also dont have more risk,,so if u want to experience real market then make cent account

If you just learned basic knowledges of forex so I think you must use demo account first, don't use cent account. It's better to prepare
trading plan and the best time for trading with style of trading which you use. If you want to use real account, it's good to choose cent
account first.

[TrojanFX]

The chance of earning in demo and in real account are the same. But how come we become more successful in demo than in real account. In demo we have huge funds to start with unlike when we trade in real account. So in short demo account we have huge free margin in real we have limited margin. Second. In demo we can tolerate risk. In real we can't tolerate risk because we are afraid to loss money.

[jai]

if u have little or basic knowledge than u can start with cents..coz it need little amount and also dont have more risk,,so if u want to experience real market then make cent account

[krishan]

yes that is also cool,because some people find that in demo trading they never get the feel of trading money and they wont be honest.So they open a cent account and trade.it is also a good idea.i advise many newbies to do that.Maybe after one becomes a professional trader,they can do demo just to test strategies are working.

[faruq]

Demo account is absolutely free of charge and you can open account with any brokers and it is a good idea to first practice on demo account then risking your own money. You can download the meta trader for demo account from Instaforex website.

[siddesh]

yeah right.Cent account is also a good choice.In cent account we can learn about the live trading and also feel it whereas in demo we cant.And in cent account the loss wont be high,so it will be affordable to lose.so deposit $5 in cent account and start trading.

[jai]

yes you are right.because newbies in demo they wont trade with consciousness so they wont care to cross the MM rules or they wont worry about losses.They just play roughly for 6months and finally they will think that 6months over so real now.but the fact is after 6months in demo,the strategy should be a good one so that in real it will work.

[amit]

yes of course.You cant directly enter Live trading without any practice or experience.
I advise newbies to trade in demo for atleast 3months successfully and after they make constant profits they should enter live account.

[amit]

yes.But still many newbies dont trade seriously with demo.They just play with it.
So my advice is start a cent account and deposit some small amount like $1 0r $2 and start the trading.So that newbies will experience feel of real account.