Looking demo trading platform?

I am a newbie, looking for demo trading platform suggestion.
Thanks in advance!

A demo is the best option to learn forex properly.

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I use a tier 1 regulated broker who offers MT4/MT5 & Ctrader. MT4 is very simple and is the first choice for newbies.

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I can suggest Cleo one for the demo trading. There are some useful ratios such as sharp ratio, statistics like win-loss ratio, and every time your strategy open&closes a trade you can get an email along with the profit-loss you made.

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Most brokers should let you have unlimited access to a demo account. Avoid those that don’t and try and force you into going live.

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Thanks for the suggestions

yeah thanks bro, I will keep in mind. :slight_smile:

My pleasure man, hope it helps :slight_smile:

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Demo trading is really very important for the newbie.

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yeah its help to increase the knowledge and patience level.

Most brokers will let you have as many demos as you like but be careful as you want to treat it like a live account and not a ‘ah i can start another tomorrow’ thatll get you no where

I will be demo trading soo and wanted to know if it is important for a newbie to choose a good broker even for demo trading?

Yes it’s important to choose a good broker for demo trading. As a beginner, you should look for a platform that is user-friendly and easy to use.

I am using MT5, XAUUSD, it can be used by beginners, it is very easy to master

I use Oanda for my demo account. It has a user-friendly interface which is important especially for beginners. Most brokers allow demo trading so it might also be helpful to use the one that you will be trading live with in the future.

I advice you to start with MT4 or Act trader. Go for Act trader if you want to try any advanced trading platform. It is highly customizable and user friendly platform. You can open a demo account with any broker that offers that.

There are many brokers that offer demo trading for free. You should do your own research first and choose a broker that suits your needs and wants.

Yes lots offer demo so try some out