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Forex Demo Account MYTH vs FACT
It is a fake environment where there is no real money, no profits and no losses so you will never learn the vital aspects of successful forex trading
Demo account helps to gain necessary experience
You can taste your forex strategy
You cannot test a real-world applicaon in a demo environment. A forex strategy is only as good as your execuon of it will be
Demo and live trading are absolutely different and success in demo account means nothing
Success in demo account means you should go live and do the same
It is a safe method to learn trading
Trading in demo account leads to a false sense of security and knowledge what can cause failure
Price feeds are similar in demo and live accounts
Demo accounts do not reflect on liquidity of brokers so can give a false sense of trading and does not account for extraordinary events
Demo account is good to do the first aempt of a trading plaorm and see the basics of trading.
Brought to you byPaxForex.com
Than push your mind to trade live!