Diffrence between real & demo trading

Dec 10, 2013 at 21:24
3,245 Views
61 Replies
Member Since Feb 04, 2023   20 posts
Feb 09, 2023 at 11:59
The main difference between the two is the purpose for which they are used. Demo accounts are usually funded with virtual money, so traders can trade without risking any of their own capital, and the live account is a real trading account that is funded with actual money. The purpose of a live account is to allow traders to trade the financial markets with real money.
Member Since Sep 02, 2022   15 posts
Feb 17, 2023 at 05:56
The main differences between the two are as follows:
-Real Account: A real account is a trading account that is used for trading with real money. It involves depositing funds into the account and using them to buy and sell assets in the market. As a result, any profits or losses incurred in a real account are actual and can affect the trader's finances.
-Demo Account: A demo account, also known as a practice account, is a type of trading account that allows traders to simulate the experience of trading without risking real money. It is usually funded with virtual money and provides access to the same markets and trading tools as a real account. Demo accounts are often used by new traders to learn the basics of trading, test different strategies, and get familiar with the platform.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.