Bitcoin Forum

Guys,

I am new to trading, I would like to practice trading before go with real money. Can any one suggest any trusted exchange prove demo account with demo money for trial trade?

Check this list of exchanges where you can have your own demo trading.

--> https://www.hedgewithcrypto.com/bitcoin-demo-trading/

Actually, for me, demo trading does not help too much it just gives you an insight on the actual trading but not help you too much if you make trial trading there's no risk on like go make an entry and waste all those money on trial and nothing happen you didn't get an experience as in a real trade the mindset is just like put a buy and sell button then that's how to trade.

I guess it's a good way if you invest in your knowledge regarding the technical analysis and other fundamentals in trading so you can keep aware and enlighten more in trading.

If there's no risk the mindset of the trader keeps too much confidence just to put an amount of the trial money but in real trading as a guide will teach you a lot.

I'm glad for your first move.
It is really the best to try first on demo trading platform before funding your account and start trading.
There are lot of advantages for using demo at first, it will really help you a lot.

You can try Bitmex, they have testnet version: https://testnet.bitmex.com/

Usually demo accounts can be seen on to those Forex based and i dont see any demo thing with current top exchangers in crypto at the moment or i had just missed out since im not really that interested on using up this feature.

Try SimpleFx if you do really mind off on making some demo trade but if were you its better to trade with small amounts for you to learn up real experience.

Demo account isnt bad when you are just testing out or make backtest with indicators or strategies but if you do like to try real trading experience then go on live spot trades if you do have
funds to make use.

There are many places where you can practice trading and some of the websites already mention above but here are other crypto trading simulator that you can use to train without investment.

Altcoinfantasy (https://www.altcoinfantasy.com/)
Bitcoinflip (https://bitcoinflip.app/)
Cryptoparrot (https://cryptoparrot.com/)

Source: https://github.com/SpiralDevelopment/Awesome-Crypto-Trading#trading-simulators

Plus check the source link above and look around that page and find the trading beginners guide there is a list of guides there that you can start to learn on how to trade.
Also, other links from the source are all useful for trading from technical analysis to any trading bots and crypto signals.

there are many places to try Demo trading as mentioned by some of the members above. However, the most important thing you have to know is technical analysis, because it will give you a clear view of the science of trading.

at least know the basics first. Sometimes a demo trading account won't help much, it's like a game and there won't be any challenges.

Trying real trading for less money might be better, but you have to learn the basics first.

You've also got Hitbtc: https://demo.hitbtc.com/

But I wouldn't suggest using that platform for anything but demo trading. The actual exchange is far from being good/legit.