Forex Demo Account: Myths and facts

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