Can we use tools on demo account?

[Suleiman Shehzad]

Many people ask this questions often if they can actually learn to trade the forex market with demo account and want to use technical analysis

 

[Enivid]

Yes, you can use almost any tools, including technical analysis, on a demo account. That's a great way to learn, and even experienced traders use demo accounts to test new tools, scripts, and trading methods.

 

[Andromathis]

Of course, on a demo account you can use everything that is on a real account.

 

[galaxy]

Of course, that is what is an essential of using a demo account. It is intended that way so that you can familiarize with the tools and strategy that you can input in demo trading.

 

[Torinnarat]

basically on a normal platform you can use it on a demo, the main thing is not to get into weak trading

 

[Uaredaty]

It is advisable to use tools on demo account. In this way you are learning how to combine all parts of analysis in order to gain proper entry or exit signal. Use it to test different combinations of indicators, see how it works

 

[danielelton]

Of couse you can use tools on demo account.

 

[Onanak]

If your broker is serious one, than he will provide you with demo account which is a copy of real account. Everything should be the same on demo including technical analysis tools.

 

[vicjon1995]

You can certainly use the tools on a demo account. It is a great way to test and analyze them.

 

[hk_09]

Yes, tools can be used on a demo account as well, why not. It is just without the use of real funds, else the platform and the tools stay intact.

 

[Jerry_Ken]

Yes ofcorse you can. In fact its great to use toold on a demo account as it gives yu an insight into how you'll use them on a real account.

 

[Dora_WalletInvestor]

Since the point of demo is not only to learn trading but also to try the services of a specific broker, tools offered by the given broker are usable on a demo account, too.