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[Razor1911]

A million dollar question, that most of the newbie traders asks is, if there anyway we can start from 0 and reach to $100 and beyond. Well, interestingly there are some ways available to start from scratch, and that is also very efficient too.

The best way is to go for no deposit bonus, as many traders provide such bonuses, you will not require any deposit and after confirming some terms as per broker, you can withdraw the profits or use them for trading to earn further profits. Another way is to take part in demo contests and if you win you will get free funded account from the brokers.

 

[Damismiling]

Okay I would say it's possible using a demo account, but you can not withdraw the money, it's just for you to learn how it works, then when you are ready you can deposit to your real account

 

[Razor1911]

Okay I would say it's possible using a demo account, but you can not withdraw the money, it's just for you to learn how it works, then when you are ready you can deposit to your real account

The demo account is a virtual account, you can't utilize the money for withdrawing. But still you can take part in demo contests, where you can get free money for winning.

 

[Niftyicon]

A million dollar question, that most of the newbie traders asks is, if there anyway we can start from 0 and reach to $100 and beyond. Well, interestingly there are some ways available to start from scratch, and that is also very efficient too.

The best way is to go for no deposit bonus, as many traders provide such bonuses, you will not require any deposit and after confirming some terms as per broker, you can withdraw the profits or use them for trading to earn further profits. Another way is to take part in demo contests and if you win you will get free funded account from the brokers.

With the options you have outlined, I guess it is possible to start out with nothing but I think people will want to know if starting out with $100 can grow into a $1000 account.

 

[Razor1911]

With the options you have outlined, I guess it is possible to start out with nothing but I think people will want to know if starting out with $100 can grow into a $1000 account.

That is even more obvious. I can give you some link of account shared in mql websites. People even have Managed to gain 2000% over their capital in last 2 years. That is even higher than you have mentioned above.

 

[Niftyicon]

That is even more obvious. I can give you some link of account shared in mql websites. People even have Managed to gain 2000% over their capital in last 2 years. That is even higher than you have mentioned above.

That is awesome really. I have also seen videos of those who claimed to achieve same but I would think it couldn't have been an easy job.

 

[Razor1911]

That is awesome really. I have also seen videos of those who claimed to achieve same but I would think it couldn't have been an easy job.

Possibility is enormous. Forex market can make your rich, that is not a myth. But for that also, you will need to be very skilled trader. A lot of hard work is required.

 

[Razor1911]

The question was not well constructed. I think what he should type is that , is it possible to make a profit of $100 trading on forex

You should check the thread content first. You are just replying randomly by seeing the thread's subject. It is very much possible to earn from 0 to 100. And that is what this thread is all about.

 

[Niftyicon]

Possibility is enormous. Forex market can make your rich, that is not a myth. But for that also, you will need to be very skilled trader. A lot of hard work is required.

Those skills will come from knowledge and loads of practice, right? I am also aware of forex traders who have claimed to have become millionaires thanks to forex.

 

[Razor1911]

Those skills will come from knowledge and loads of practice, right? I am also aware of forex traders who have claimed to have become millionaires thanks to forex.

Yes. Lots of practice and hard work will give knowledge and skills. And that knowledge and skills will help them to attain succees in forex. Learning and gaining knowledge is a continuous process here.

 

[Brain]

The demo account is a virtual account, you can't utilize the money for withdrawing. But still you can take part in demo contests, where you can get free money for winning.

So when you win with the demo account can you now start withdrawing the winning money? like you rightly stated that the demo account is virtual and you can't withdraw the money but you use it for trading. if one trade and win with it what happens to the winning money? can that one be withdrawn? I think the demo account should be used by beginners to test out their abilitie so before indulging further.

 

[Dav1d]

A million dollar question, that most of the newbie traders asks is, if there anyway we can start from 0 and reach to $100 and beyond. Well, interestingly there are some ways available to start from scratch, and that is also very efficient too.

The best way is to go for no deposit bonus, as many traders provide such bonuses, you will not require any deposit and after confirming some terms as per broker, you can withdraw the profits or use them for trading to earn further profits. Another way is to take part in demo contests and if you win you will get free funded account from the brokers.

I might be getting it wrong but it's Impossible to start trading from zero, there needs to be a specific amount you start your trade with. I have seen various cases of persons who started trading with just 50 dollars and grew the account to a thousand dollars. I have seen other cases of persons who started with five dollars and grew the account to a hundred plus.

 

[Brain]

I might be getting it wrong but it's Impossible to start trading from zero, there needs to be a specific amount you start your trade with. I have seen various cases of persons who started trading with just 50 dollars and grew the account to a thousand dollars. I have seen other cases of persons who started with five dollars and grew the account to a hundred plus.

The poster was enumerating I think the simple two ways by which one can start from 0 to trade which he stated that it will be with a demo account. You know a demo account is free with money you can use to just trade with and test the waters. he stated that you can't withdraw the initial money in the demo account. but what I'm confused with is if one wins with the demo account can the money won be withdrawn?

 

[darasimi]

Your analysis is more or less a gamble. It's not an investment because if you want to invest, you will have to make deposit. The money one would make via that means isn't sure. It's gamble that nay never come to pass.

 

[btaliat]

I am not into forex. But I would have loved to start using demo account. I would have loved it if you can give examples of those platforms they offer such a free bonuses to their new users. I think this will be better and allow us to showcase our skill in forex.

 

[Dav1d]

The poster was enumerating I think the simple two ways by which one can start from 0 to trade which he stated that it will be with a demo account. You know a demo account is free with money you can use to just trade with and test the waters. he stated that you can't withdraw the initial money in the demo account. but what I'm confused with is if one wins with the demo account can the money won be withdrawn?

Like the popular saying goes " what happens in Vegas stays in Vegas" if you make losses with your demo account, it does not affect your capital, if you also make profit in the demo account, it remains there, it cannot be touched or withdrawn by anyone. The demo account is mostly ment for training. That's why they always advice new traders who are beginners to start with a demo account.

 

[Brain]

Like the popular saying goes " what happens in Vegas stays in Vegas" if you make losses with your demo account, it does not affect your capital, if you also make profit in the demo account, it remains there, it cannot be touched or withdrawn by anyone. The demo account is mostly ment for training. That's why they always advice new traders who are beginners to start with a demo account.

oh okay that self explanatory there I understand it perfectly well now. But considering how dubious site owners can be. How you sure they wouldn't make it easy to win more with a demo account so that you would eager to try out with the real account because you might win with demo accounts and start losing big time when you start for real on the site.

 

[Dav1d]

oh okay that self explanatory there I understand it perfectly well now. But considering how dubious site owners can be. How you sure they wouldn't make it easy to win more with a demo account so that you would eager to try out with the real account because you might win with demo accounts and start losing big time when you start for real on the site.

Hahaha, you actually got it, back then when I was using a demo account for learning, I discovered it was alot easier to make profit all my mind I felt I was finding it easy cause the money on demo account is much, cause the higher your money, the easier it is for you to make profit as long as you do not over leverage your account. That was until some months back I read an article in a site for beginners in trading. That was where I found out most of these demo account are being twerk by brokers to make it look Abit easier than the real live trade. You might but a trade in the demo account and before you know it, it's already in the profit aspect but in your live acct it's still struggling to enter profit. Even in your live acct, most time your broker messes with your account so you would loose.... Cause they make more money when you loose.

 

[Brain]

Hahaha, you actually got it, back then when I was using a demo account for learning, I discovered it was alot easier to make profit all my mind I felt I was finding it easy cause the money on demo account is much, cause the higher your money, the easier it is for you to make profit as long as you do not over leverage your account. That was until some months back I read an article in a site for beginners in trading. That was where I found out most of these demo account are being twerk by brokers to make it look Abit easier than the real live trade. You might but a trade in the demo account and before you know it, it's already in the profit aspect but in your live acct it's still struggling to enter profit. Even in your live acct, most time your broker messes with your account so you would loose.... Cause they make more money when you loose.

Well articulated. I know the tricks of sites that operate like gambling you would be made to easily win or earn when they know you wouldn't be able to withdraw such money but be serious with the same site you see your self losing and losing more. So this means that using of learning via the demo account isn't even ideal as you might not make a fortune when you use the live account

 

[microunit]

There are actually some applications that do it like this, like stormgain , you can mine Bitcoin for free there every 4 hours, and you can withdraw that if it reaches a certain dollar amount. The catch is that yiu can only trade that money , and the profit you get from trading is the money or crypto that you can actually withdraw