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Educational content, not investment advice.

Souq Dailyسوق ديليSouq Daily

Lesson 6 of 84:003 Sources

Cent and demo accounts: training without burning capital

Video coming soon

Presented by NourIn Arabic, with captions. Other languages are coming.

Educational content, not investment advice. Nour explains how markets work. She never tells you what to buy or sell.

Build a three-stage training ladder: demo, then cent, then a small real account.

  • Demo uses virtual money to learn the platform and test your plan; keep the balance close to what you will really deposit.
  • Move on by discipline, not profit: e.g. a stop loss on 50 out of 50 trades.
  • Cent accounts (offered by some brokers) show the balance in cents — $20 appears as 2,000 — giving real money and real execution at tiny cost.
  • Keep the same risk per trade (e.g. 1%) at every stage, and never deposit more than you can afford to lose.

Quick check

Three questions. Pick an answer to see why.

0/3

  1. 1.What is the right criterion to move from demo to the next stage?

  2. 2.On a cent account you deposit $20. What do you see on screen?

  3. 3.Which is a common mistake on cent accounts?

Sources

Every fact in this lesson is backed by the sources below.

  1. 1.MetaQuotes MT5 Help — Open an AccountDemo accounts use virtual money and help users learn trading and test strategies
  2. 2.CFTC — Fraud Advisory: Foreign Currency (Forex) FraudDo not deposit more funds than you can afford to lose
  3. 3.ESMA — Final product intervention measures on CFDs (2018)Standardised risk warning including the percentage of losing retail CFD accounts

Educational content, not investment advice. Risk warning: trading forex, CFDs, gold and crypto carries a high level of risk and may not be suitable for everyone. You can lose more than you put in. Souq Daily is an education platform. Nothing here is investment advice, a recommendation or an offer, and past performance does not predict future results.