Hi guys, I am glad to have stumbled onto babypips. It’s a wonderful piece of information. I am still learning the skills of the trade with a demo account platform called Prorealtime. Has anyone here ever tried to use them? It’s based in France but the unfortunate thing is that their demo platform isn’t free… Charges about £35 a month but quite good. I hope to use Trade Station but they provide no demo account… Any help out there?
I learned/am learning on an unlimited free mt4 by forex ltd and Oanda.
One of my live a/c providers also offers free demo which mimics the live, great for trying out new strats, the other provides great charts for free.
In the old days few provided anything for free, thankfully good competition has brought that to an end.
[QUOTE=“danielbutare;512879”]Hi guys, I am glad to have stumbled onto babypips. It’s a wonderful piece of information. I am still learning the skills of the trade with a demo account platform called Prorealtime. Has anyone here ever tried to use them? It’s based in France but the unfortunate thing is that their demo platform isn’t free… Charges about £35 a month but quite good. I hope to use Trade Station but they provide no demo account… Any help out there?[/QUOTE]
Yeah there’s plenty off free demo accounts out there so I’d be ditching your one as that £35 is better off in your pocket.
Like peterma, I’m with Oanda & it’s a free unlimited demo & I’ve got no complaints about them. I’m not sure if the demo side of it pops up but in the “tools” tab of the BabyPips site, there’s a Broker Comparison tool - it may give you info on who offers free demos & for how long etc. It may be worth checking out.
I’d advise signing up for a free demo, check out the platform (most will have an online platform but also offer MT4 as a download) & I’d imagine that you’ll realise that you’re wasting your mon£y paying for a demo. Compare the 2 & if you prefer your current subscription demo then you’ve still got it but if the free ones are on par, then you can always cancel the paid one & put that £35 in your trading fund.
thats crazy … im been with oanda for about a year and a half and i really like it TD and FXCM lets you trade on their site for about a month then they cancel your account and want you to trade with real money ( in my opinion that is just not enough time to learn how to trade forex ) oanda is very simple to follow they dont have all bells and whistles or eye catching graphics ( which is a good thing in my eyes) its just a trading site
Welcome to the forum
To clarify, FXCM demo accounts expire after 1 month of inactivity. If you continue to place trades on your demo, then it will remain active. That means you can continue practice trading as long as you need.
Demo accounts are a great way to get started in the forex market. You might be interested to read this DailyFX article about how to get the most out of your practice trading.
o ok … im not 1 of those trader … im a long term trader … soo i mostly only trade 4 or 5 times a year not much of a interday or day trader , so thats probably why they cancelled my account
I have tried demo trading on Oanda for more than a year and FXCM for a couple of weeks. IMO Oanda is more noob-friendly but its charts tend to mess up and sometimes I can’t log in on weekends. FXCM is a bit more intimidating for a noob but I like its news feeds.
Was there something in particular I could help you with on your FXCM demo? Which of our platforms are you using? We have live webinars everyday to answer questions about Trading Station, MT4 and Mirror Trader. Also, feel free to hit me up in the Broker Aid Station.
Thanks, Jason. I’ve been using FXCM a lot more often now and I think I got it. Thanks for giving the links though. I’ll use them if I have questions in the future.
Hiya a Folks,
They’re platform is great along with their knowledge bank.