Are there any limitations or restrictions when using a forex.com demo account to trade digital assets?
GOKUL KDec 25, 2021 · 3 years ago1 answers
What are the limitations or restrictions that I should be aware of when using a forex.com demo account to trade digital assets?
1 answers
- Dec 25, 2021 · 3 years agoWhen using a forex.com demo account to trade digital assets, it's important to understand the limitations and restrictions that may apply. One limitation is that demo accounts often have limited access to certain markets or assets. While you may be able to trade popular cryptocurrencies like Bitcoin or Ethereum, less popular or newly listed digital assets may not be available for trading in the demo account. Additionally, demo accounts may have limitations on the amount of virtual funds available for trading. This means that you may not be able to simulate larger trades or test certain strategies that require a higher capital. It's also worth noting that demo accounts may not accurately reflect the slippage or execution speed that you would experience in live trading. Therefore, it's important to consider these limitations and use the demo account as a tool for learning and practicing, rather than solely relying on it for making trading decisions.
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