Demo account; Is it enough for learning?

RichardTrade

Trader
Mar 15, 2016
18
0
7
39
I want to know if there is a difference between demo and live account related to spread and market rates.
 

RichardTrade

Trader
Mar 15, 2016
18
0
7
39
Thanks for your reply. Do you think high leverage is excellent to learn from?Others suggest that a beginner should use 1 to 1 leverage until they have things worked out.I think if you use 1:1 you need a lot of money to get started.I would appreciate if you can help me with that.
 

Enivid

Administrator
Staff member
Nov 30, 2008
12,457
506
144
Odessa
www.earnforex.com
I would learn to trade with 1:100 if you are allowed to use such leverage by your country's regulations. It is a good level - you won't need too much capital too start, it is easy to do margin calculations with, it is widely available from the brokers, and it is not too high.
 

f4forex

Active Trader
Oct 8, 2015
231
2
29
37
I would like to suggest new traders keeping the leverage low in start as they might not aware of the market so using higher leverage means higher damages.