Is it neccessary?

[hangoutwithme]

Hey everyone! just want to ask anyone here who are using trading platforms, it is must to have a demo account ?
I mean before getting involved deeply in trading? an what is the function of demo account?
I wanted to know because I want to try to trade but is it nessecary to create 1? if yes, which broker will u suggest to me?

 

[AlexOZ]

I see a demo as essential for a new and an experienced trader to experiment with new trading ideas in a safe environment. It's essential for new traders to build skills and develop a trading plan before risking real money. Most brokers offer multiple demo accounts but with differing expiration arrangements. That needs to be checked out.

 

[tombree]

in my opinion, every trader should practice with demo account before going live because this is a good way to practice trading risk free and also to getting familiarised with the trading platform. It depends on the individual to use demo account either for few weeks or several months.

 

[johnjasmine]

Hey! If you already know how trade works, don’t mind have a demo account, just start trading

 

[IDFC]

Hey everyone! just want to ask anyone here who are using trading platforms, it is must to have a demo account ?
I mean before getting involved deeply in trading? an what is the function of demo account?
I wanted to know because I want to try to trade but is it nessecary to create 1? if yes, which broker will u suggest to me?

broker means a person that helps you to get broke. don't knw la bro nothing seems reliable.

 

[yesol]

why dont you trylrunex? I’m using this broker for 9 months already. Their trading platform is userfriendly and easy to learn for beginner. Can practice with their demo account for few weeks, you’ll be provided with proper guideline & education.

 

[hangoutwithme]

in my opinion, every trader should practice with demo account before going live because this is a good way to practice trading risk free and also to getting familiarised with the trading platform. It depends on the individual to use demo account either for few weeks or several months.

I see but if I'm not confident to trade yet, meaning I can use a demo account as a leaning process rite?
thanks for the comment. really appriciate it and try to be brave to take a risk in this industry.

 

[hangoutwithme]

why dont you trylrunex? I’m using this broker for 9 months already. Their trading platform is userfriendly and easy to learn for beginner. Can practice with their demo account for few weeks, you’ll be provided with proper guideline & education.

I dont know about lrunex. so far how to use if? need to pay fees for demo account?
is it legal meaning not a scammer? if there have any benefits?

 

[Ara]

Hey everyone! just want to ask anyone here who are using trading platforms, it is must to have a demo account ?
I mean before getting involved deeply in trading? an what is the function of demo account?
I wanted to know because I want to try to trade but is it nessecary to create 1? if yes, which broker will u suggest to me?

You must have a demo account.
As a beginner it is essential. I asked experts and they said they have one to test new ideas and that is absolutely correct. So no matter you are a beginner or an expert you must have a demo account.

 

[thomas_novak]

Hey everyone! just want to ask anyone here who are using trading platforms, it is must to have a demo account ?
I mean before getting involved deeply in trading? an what is the function of demo account?
I wanted to know because I want to try to trade but is it nessecary to create 1? if yes, which broker will u suggest to me?

It's highly recommended to have a demo account before jumping into real trading. It's like a practice mode where you can trade without using real money

 

[maya95]

Hey everyone! just want to ask anyone here who are using trading platforms, it is must to have a demo account ?
I mean before getting involved deeply in trading? an what is the function of demo account?
I wanted to know because I want to try to trade but is it nessecary to create 1? if yes, which broker will u suggest to me?

Hi
if you don't test your trades on demos so what do you do then?
I still use demos. I am not an expert still
Are you working with a broker at the moment?

 

[NatureGirl]

why dont you trylrunex? I’m using this broker for 9 months already. Their trading platform is userfriendly and easy to learn for beginner. Can practice with their demo account for few weeks, you’ll be provided with proper guideline & education.

couldn find em. can you mention the link or a better address?

 

[brunojeremy12]

why dont you trylrunex? I’m using this broker for 9 months already. Their trading platform is userfriendly and easy to learn for beginner. Can practice with their demo account for few weeks, you’ll be provided with proper guideline & education.

I am kinda of intrested to know more about lrnex.... if 9 months is quite good experience enough...
so the demo account how long u take before jump into the real account?

 

[Glossy]

Demo account is necessary for every trader, because it allows you to not only learn how to trade, but also to try out their trading strategies.

 

[thomas_novak]

I see a demo as essential for a new and an experienced trader to experiment with new trading ideas in a safe environment. It's essential for new traders to build skills and develop a trading plan before risking real money. Most brokers offer multiple demo accounts but with differing expiration arrangements. That needs to be checked out.

You raised a valid point right there. Demo accounts are essential for both new and experienced traders. They provide a risk-free environment to test new trading ideas, build skills, and develop a trading plan before risking real money.

 

[yesol]

I dont know about lrunex. so far how to use if? need to pay fees for demo account?
is it legal meaning not a scammer? if there have any benefits?

No worries, this broker is safe to use, it’s regulated & authorised by CySEC. Anyway, there’s no fee for demo account, it’s absolutely free for you to practice risk free trading. When youve ready to jump to live trading, you should join the bonus promo. They offers 10g gold bar with minimum deposit of $1500 for opening an account.

 

[NatureGirl]

theyve got those bot supports and can just decide not to cough up your money whenever they feel like it and guess what? youll keep getting the same annoying message forever

 

[brunojeremy12]

No worries, this broker is safe to use, it’s regulated & authorised by CySEC. Anyway, there’s no fee for demo account, it’s absolutely free for you to practice risk free trading. When youve ready to jump to live trading, you should join the bonus promo. They offers 10g gold bar with minimum deposit of $1500 for opening an account.


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ohh quite interesting. need to monitor it always rite? because as far as I know, my trader friends always look at the indicator..
so, i think that lrnex are suitable to beginner.

 

[yesol]

ohh quite interesting. need to monitor it always rite? because as far as I know, my trader friends always look at the indicator..
so, i think that lrnex are suitable to beginner.

Yes of course you’ll need to monitor, but it’lI be easier with their trading platform, there’s various range of tools and instrument, no slippage too. If youre beginner, try the demo account for few weeks to make yourself familiar with their trading platform, then can start live trading with small deposit. Lrunex allow mininum deposit of $25.

 

[cocobutterfv]

A demo account is a great idea if you're new to trading or want to test out a new strategy. It can provide some benefit to new traders because they allow the trader to become familiar with trading software and get a sense of how the market works.