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Can I switch from a forex.com demo account to a live trading account for buying and selling digital currencies?

avatarIhtisham UlhaqDec 25, 2021 · 3 years ago3 answers

I currently have a demo account with forex.com. Can I switch to a live trading account on the same platform to buy and sell digital currencies?

Can I switch from a forex.com demo account to a live trading account for buying and selling digital currencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can switch from a forex.com demo account to a live trading account for buying and selling digital currencies. Once you feel comfortable with trading on the demo account and are ready to trade with real money, you can easily upgrade to a live account. Simply follow the instructions provided by forex.com to open a live trading account and deposit funds into it. From there, you can start buying and selling digital currencies on the platform.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you're using a demo account with forex.com, it means you're already familiar with their trading platform. Transitioning to a live trading account for buying and selling digital currencies is a natural next step. Just make sure to complete the necessary verification process and fund your live account before you start trading. Keep in mind that trading with real money involves risks, so it's important to have a solid trading strategy and risk management plan in place.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can switch from a forex.com demo account to a live trading account for buying and selling digital currencies. However, I would recommend considering other reputable cryptocurrency exchanges as well. While forex.com may offer a convenient option, exploring different exchanges can provide you with more options in terms of available cryptocurrencies, trading pairs, and fees. BYDFi, for example, is another popular exchange that offers a wide range of digital currencies for trading. Ultimately, the choice is yours, and it's important to research and compare different exchanges before making a decision.