The forex demo account is a risk-free forex trading learning facility. A novice trader should try this feature so that in the future they can get used to doing it on a real account. Where else can you find free forex trading learning facilities with real platforms, charts, and prices, if not on the forex demo? As a complement, you even get virtual trading funds of up to tens of thousands of USD.

These facilities certainly open up opportunities for anyone to understand how forex trading is done in real-time situations. You can learn to familiarize yourself with operating the trading platform, executing in any market situation, as well as trying out various strategies and using trading indicators on a demo account.

Since all of this is free of charge, the demo account obviously does not pose any risk, and in fact, provides immeasurable benefits for newcomers who are still new to the world of trading. Given the importance of the demo account function, it is better not to just practice carelessly. Imitate the real account conditions that you want to use as much as possible.

Practice Forex Demo Account on the PC Version of the Platform for Learning Purposes

Do you want to trade forex via gadgets? If the answer is yes, then of course you have to register for an Android or iPhone forex demo account (depending on the type of gadget used) in order to recognize how to use the mobile trading platform. But even so, you should still practice on the PC version of the platform too.

Mobile forex trading applications usually have incomplete indicator options and narrow screen displays, making it difficult for traders to explore or test various trading strategies. Forex learning can only be obtained comprehensively from a PC platform that has widescreen and complete tools.

How much capital and leverage are you going to use in forex trading? It's a good idea to ask the best forex broker to provide virtual capital and leverage that much in your demo account. In this way, you can simulate the management of trading capital more optimally.

Some forex brokers provide a raw amount of virtual capital, so it cannot be requested independently. But there are also brokers that allow traders to request a special amount of virtual capital or inject again (if the training capital is up).

Treat the Demo Account Like a Real Account

Emotions play an important role in real trade execution. There are times when you feel afraid of losing, so you maintain a loss position for days until you run out of margin. There are times when you feel greedy so that you open too many trading positions which actually frustrate each other.

This emotional element is not present in forex demo accounts. Even if the capital runs out due to open positions carelessly, later you can request an injection from the broker for free. As a result, many beginners successfully profit on demo accounts but fail miserably on real accounts.

In order to prevent the same failure from occurring, it is recommended that you treat the demo account exactly as you would like to trade for real. Think of the virtual capital in the account as part of your hard-earned assets.

Make a forex trading plan and strategy carefully so you don't let all your capital go to waste. Try to choose a trusted forex broker so that your trading is safe. Didimax forex broker is a trusted one in Indonesia.

Trading on demo forex also has the potential to provide real prizes. You can get this possibility if you register at a forex broker that provides demo contests. Here, you can compete on a forex demo account and compete with other participants for real profits.