While trading on a demo account has its own disadvantages, it is still recommended for new traders to spend time trading on it. Usually, more than you feel is enough. Don’t ask me how I know :D
But I found a way to make trading on a demo account exciting, thanks to the demo competitions available on XM.
No entry fees are required. All you need is your demo account registered for the competition. Each month they have one, and the prize pool is really attractive. For instance the prize pool for September competition was $140,000 🤯
