How much time should I stay in a demo account?

Delaney martin

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Join Date: Jun 2022

Posts: 102
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#1

How much time should I stay in a demo account?

11-01-2022, 05:29 AM

Hello,

I started learning Forex trading from last sometimes.

I don't know how much time I should stay in a demo account.

Can anyone share their thoughts?
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Ryaan J.

Senior Member

Join Date: Apr 2022

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#2

11-04-2022, 03:58 AM

Hello Delaney,

If you are new to trading, staying in your demo account is best for you until you consistently gain profit. Many traders make the mistake of switching to a live account too soon and losing money.

Once you feel confident in your ability to profit in a demo account, you can start thinking about opening a live account. When you switch to a live account, small trade position sizes first, so you don't risk too much money.

Last edited by Ryaan J.; 11-04-2022, 04:23 AM.
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