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Between demo accounts and contests

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Both accounts should have been practiced because traders who want to advance usually try all types of accounts including contest accounts where the account is specifically for competition.
#346 - December 19, 2019, 08:11:03 AM

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I first definitely used a demo account but the contest account is better if the demo account is already quite proficient or the term demo account works for a jump account after the demo account.
#347 - December 19, 2019, 10:51:17 AM

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Both accounts are good in my opinion and both can be used according to conditions and needs if we are keen to use them. It's just that contest accounts have more psychological pressure than demo accounts.
#348 - December 20, 2019, 01:47:33 AM

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I prefer the contest account because I can get a chance to get a prize, if for practice it's the same between the contest account and the demo account so I also use a demo account.
#349 - December 20, 2019, 01:55:23 AM

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If the demo account has helped in learning trading then don't forget the demo account because it can still be used later to test the system. If for the contest account as an option, may I take part in the contest or not...
#350 - December 23, 2019, 03:58:19 AM

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I have never used a demo account, if my contest account has been used several times to target prize contests, I prefer a real account because I can immediately study psychology.
#351 - December 23, 2019, 09:44:28 AM

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Demo accounts and contest accounts are all good, using them correctly, but I would recommend the contest, besides learning we can get a chance to win the contest.
#352 - December 23, 2019, 10:09:19 AM

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I chose a demo account, besides meritorious for the development of my trading, a demo account is also good for training patience because unpaid trading is trading on a demo account and patience will increase.
#353 - December 23, 2019, 05:49:00 PM

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For me, it's better to use a demo account first if you are still learning. But most traders if using a demo account there is no sense of responsibility, no burden, not implementing good trading rules and money management. Therefore many people say that it is better to use real even though the profit is small but there is a sensation and of course to be more responsible for the open positions carried out and the application of trading rules and money management must also be good. It's up to you just want to use which one, the important thing is to keep the spirit, discipline, stay focused and always grateful
#354 - December 24, 2019, 12:52:31 AM

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Demo accounts are usually chosen at the beginning before the trader knows the contest account, so when not familiar with the contest account we cannot compare which one is better, if I think a demo account is better because it is used in all conditions, both beginners and experts.
#355 - January 06, 2020, 12:26:37 PM

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Demo account is an account for initial training when we are new to forex trading and training our analysis, while the contest account is even higher position where the contest account can be used to test our trading performance and also the skills we have.
#356 - February 03, 2020, 06:09:01 AM

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if I had to choose then I would prefer the contest account because it can be multifunctional, can be used to practice making transactions and can also be used to pursue contest prizes where we can use the prize to do real trading.
#357 - February 03, 2020, 10:23:32 PM

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The demo account and the real account both have their respective functions but the function for training is the same, so I put more emphasis on training on both accounts but focus more on the demo account.
#358 - February 04, 2020, 02:47:09 PM

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Entering a contest is far more useful than just a demo account that is all virtual.
#359 - February 06, 2020, 06:11:38 AM

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I prefer the contest account because it will get prizes and not just trading experience, if the demo account will only have experience and maybe strategy.
#360 - February 06, 2020, 09:53:12 PM

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