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Author Topic: What is a demo account in Forex trading?  (Read 409 times)

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MelissaLiberson

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What is a demo account in Forex trading?
« on: 05. November 2022., 15:57:55 »
A demo account is essentially a trial account funded with virtual money that is identical to a live account. This account assists beginners in learning about the trading platform and its features. The trader learns how to work on risk management and trading strategies. If you are new to the forex market and want to practise trading, you can start with a demo account. However, even if you have a winning deal, you will not profit from a demo account. At the same time, your losses are fictitious. The demo account prepares you to manage risk, practise different strategies, and select your favourite instruments but won’t be teaching you psychology management. You have to learn that on your own when you start trading live.

Samker's Computer Forum - SCforum.info

What is a demo account in Forex trading?
« on: 05. November 2022., 15:57:55 »

 

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