Kuznec

When you learn to drive, you start with theory, then you either train on a simulator or drive with an instructor. And only after that you can drive your own car. Demo account is something like this driving simulator.

 

Learning to drive a car with an instructor is not the same as trading a demo account. Then if you draw a parallel, it's better to be a mentor or teacher than a demo account.

If you have such iron patience, then how did you get involved with forex trading? After all, here is easy money - instantly))

I have a lot of acquaintances, including me, who trade forex with a stable income, another thing is that 5000 a month is a meager income. I'm a programmer more earn in a year than such trading on Forex.

I would recommend that you earn at least ten thousand dollars before you go to Forex. Because with such investments the profit will not pay back the time spent.

The best trading system for a beginner is the ability to bury a deal on time, and everything else will come with experience.

In order to become a successful trader, one must possess from birth a certain mindset and talent. Not everyone will be able to become a profitable trader.

A license for brokerage activities issued in any offshore company does not guarantee anything to you. I can register a firm for $ 2000 somewhere in Belize at any time, and get a license, and you will not get any guarantees from it.

That's just the training must necessarily take place in parallel with the constant practice.

You master the basic theory, and you begin to practice a lot on a real account. And in passing every day to learn a lot of new more advanced theory, and in a few years you can call yourself an experienced trader.

Less theory and more practice.

1 Safety (for example, a company has been working in the market for a long time)

2 Good licenses

3 Withdrawal of any amounts

4 Market accounts (ECN.STP)

5 Good reputation

 

Almost all of this list can be easily done with the help of the right PR, a large advertising budget and positive feedback from non-existent users. As in my opinion, there is only one option - you open an account, check the quality of the broker's work, after a time you deduce what you have earned. If there were no problems, you can work further. All.

I don`t agree. Sometimes experienced traders use demo to test some new strategies.

 

Here the keyword is "sometimes", and the second is "experienced traders". And many newcomers are so scared to go into their own sailing, that they sit on demo accounts for years.