How Long on Demo Before Going Real?

In many Forex guides for beginners and various tips that can be found on-line, a great deal of advices are dedicated to the demo trading period before switching to the real account trading in Forex. Some of them recommend trading for at least a month on a demo account before depositing money, others recommend reaching a certain level of profitability on demo and only then go to real account trading. Many traders go directly into real account Forex trading even without trying their knowledge of the market on the practice accounts, while some of them hone their skills for months by buying and selling currencies solely on the demo accounts. Personally, I switched to real account trading almost immediately after learning about Forex because I had a free Forex bonus from Marketiva, which didn’t require any deposit. I didn’t have to risk any of my money for that real account trading, so I had nothing to lose. I’ve managed to get 300% profit in 2 weeks on that bonus ($5 — very big 🙂 ), and then I’ve lost it all during one week. How about you?

How long did you trade on demo before switching to Forex trading on a real account?

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