Demo account is important because it is the same with real account except the money that used for trading. so if beginner want to practice, they dont need to invest their money, but using demo trading account only
Demo account not only important for new traders. But also for senior traders to check their trade plans or money management ideas. With demo account we check our strategies with out any risk of loss. When we get confidence with the demo account about the accuracy of our trade plans, we can confidently trade with real account also.
Dear friend demo account is a place where we can learn and practice without any fear of loosing money,in demo we can do practical of our every idea,indicator,robot and strategy which we want to use in real.In demo we can increase our confidence level and master Forex business completely.Demo practicing is very important part of learning process so we must never skip it.
Demo account is vey important for a new trader because we know that forex is a very risky business and when a trader opens an order without knowledge about online business he can fall in loss.From demo practice he can acquire knowledge what is need for him.
I think the greatest importance of demo trading is that it enables us to assess the reliability of a trading system without the need for us to commit real cash. A Demo account is also important to forex newbies as a learning tool which can be used to try out different forex systems in a risk-free trading environment. A demo chart is also useful as an analytical charting platform which is used to confirm price movements on another broker's charts.
Demo account is important because with the help of demo account you can prevent from losing your money at the start, you can apply all your strategies to check that they are working or not on demo and then it can be incorporate on real account to get greater benefits.
Demo account is important because without using the demo account we will find it difficult to trade forex, that's why it important to trade in the demo account before you begin trade in the real account without demo account things will be too hard to handle.