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General => General Trading Discussion => Topic started by: xjonasx on October 02, 2013, 05:38:48 PM

Title: difference between demo and real account
Post by: xjonasx on October 02, 2013, 05:38:48 PM
Hi there, I managed to complete the EA with a friend that works beautifully on a demo account. I would like to ask how much they are different demo and real accounts with ECN brokers .. the subject's astonishment, therefore I apologize for the new thread. Thank you .. Jonas from Czech Republic
Title: Re: difference between demo and real account
Post by: forexbaby on October 02, 2013, 05:42:00 PM
tons of differences!!!!!

Use small account to test but real acc is better
Title: Re: difference between demo and real account
Post by: xjonasx on October 02, 2013, 05:48:12 PM
tons of differences? I hoped that the ECN's not much difference: (.. can you tell me some differences, please?
Title: Re: difference between demo and real account
Post by: Hans Bowles on October 02, 2013, 06:09:02 PM
tons of differences!!!!!

I totally disagree.

A simple EA with TP's and SL's over 100's of pips from opening price and no MaxSpread and with a duration of at least 1 hour per trade has ABSOLUTELY no difference.
Title: Re: difference between demo and real account
Post by: odysseus11 on October 02, 2013, 06:13:02 PM
actually that depends on the EA and how it operates.

If the EA uses TP and SL of over 10 pips, and if the EA operates on a timescale of greater than 5 minutes in a trade, then the differences between demo and real ECN can be fairly minimal - if it does NOT adhere to those general boundaries, though, the slippage and execution issues will show a HUGE difference between demo and real, even on ECN. I use those boundaries as general safe guidelines in my own opinion, though I am sure others will say that those are conservative
Title: Re: difference between demo and real account
Post by: Keelto on October 02, 2013, 06:36:16 PM
The differences are slippage, execution (speed & fills), stability (disconnections, missing bars, etc), widening of spreads, requotes (depending on broker type), ticks frequency.........just to name a few.
Title: Re: difference between demo and real account
Post by: LFN on October 02, 2013, 06:41:41 PM
Hi there, I managed to complete the EA with a friend that works beautifully on a demo account. I would like to ask how much they are different demo and real accounts with ECN brokers .. the subject's astonishment, therefore I apologize for the new thread. Thank you .. Jonas from Czech Republic

You can try to copy the trades from your demo to a live account.
MT4i personal Trade Copier is free. Use low lotsizes to check if it is possible.
Title: Re: difference between demo and real account
Post by: lupynx on October 03, 2013, 03:22:47 AM
Hi there, I managed to complete the EA with a friend that works beautifully on a demo account. I would like to ask how much they are different demo and real accounts with ECN brokers .. the subject's astonishment, therefore I apologize for the new thread. Thank you .. Jonas from Czech Republic
If it's ECN and an honest broker, the only difference should be this:
Demo:
Trades don't really happen. you just paper trade what's on your eyes.
Real:
Currency Exchange really happened electronically. Trade takes place, takes time until a deal, eats up liquidity, moves the market. Therefore, slippages happen. The larger trade size, or thinner liquidity, the more slippage you get.

The problem is, there are just a few honest brokers. So you're very likely to find brokers trying to rip you up. ex: nullifying trade, freezing data feed, spread super widen, live condition differs than demo etc.
Title: Re: difference between demo and real account
Post by: Forexrider on October 03, 2013, 06:59:05 AM
If the targets of tp and sl are very much realistic enough to be managed in a real account with real money, there shouldn't be much difference between demo and real performance.
Title: Re: difference between demo and real account
Post by: Okda on October 03, 2013, 10:09:08 AM
I think you have to put in mind the time of day the early will trade, for example is it during fast moving market where will you suffer from huge slippage and wide spreads or not

Sent from my GT-N7000 using Tapatalk 4
Title: Re: difference between demo and real account
Post by: SubZeroFX on October 03, 2013, 04:29:13 PM
Hi there, I managed to complete the EA with a friend that works beautifully on a demo account. I would like to ask how much they are different demo and real accounts with ECN brokers .. the subject's astonishment, therefore I apologize for the new thread. Thank you .. Jonas from Czech Republic

You can try to copy the trades from your demo to a live account.
MT4i personal Trade Copier is free. Use low lotsizes to check if it is possible.

Very good idea... you can also copy trades with SimpleTrader EA: http://www.simpletrader.net/how-it-works.html (http://www.simpletrader.net/how-it-works.html)
Title: Re: difference between demo and real account
Post by: seawater on October 03, 2013, 08:24:25 PM
If the targets of tp and sl are very much realistic enough to be managed in a real account with real money, there shouldn't be much difference between demo and real performance.
Right and of course there is also involvement of emotions in real account so trader should use the stop loss and take profit and practice more and more in demo account so that good profit can be earned from trading.
Title: Re: difference between demo and real account
Post by: fxman on October 04, 2013, 11:04:41 AM
It is good if it run well in demo imo. But in real account you can find some difference in result. As most of broker try to proof them honest in demo but not in real. Disconnection, late execution , wide spread can make the difference between result of demo and real. Also if you want to market your EA in near future  you should start building up a real account with good amount of balance and at least six month result.
Title: Re: difference between demo and real account
Post by: jeuro on October 05, 2013, 08:01:17 AM
.
As mentioned by Odysseus the total difference is related to the type of EA  and the way that operates.
But in the conservative side we can always summarize the difference to 2 pips per trade.

That is somewhat overkill conservative but is a good and simple rule.

For example, if the EA makes 200 trades in a month in demo,  deduct the equivalent  of 400 pips from the
 total performance of the EA.

So, if the EA is a scalper that makes 2 pips average,  that EA would be a loser in real account.

Same rule apply for back testing with tick data (99%).  If back-testing with regular data, deduct 4 pips per trade

J.

Title: Re: difference between demo and real account
Post by: mehulsoni on October 11, 2013, 02:01:00 PM
  I think there is lot of difference between Demo and Real account..What ever and how much you do on demo account is for your practice...but you become perfect in trading only after using the live account.Real is real...How much ever you practice in demo account,the soft secure corner in your mind that you are not going to lose your money is going to effect your ability to make on the spot decision.You will become perfect only after facing reality..
Title: Re: difference between demo and real account
Post by: Viktory on October 11, 2013, 02:16:04 PM
You could become GOOD, never "perfect"...
Cheers!

  I think there is lot of difference between Demo and Real account..What ever and how much you do on demo account is for your practice...but you become perfect in trading only after using the live account.Real is real...How much ever you practice in demo account,the soft secure corner in your mind that you are not going to lose your money is going to effect your ability to make on the spot decision.You will become perfect only after facing reality..
Title: Re: difference between demo and real account
Post by: Forexrider on October 11, 2013, 02:24:56 PM
Demo accounts are very much important for the traders so that they can be practicing well and develop strategies for trading.
Title: Re: difference between demo and real account
Post by: FelixForex on October 11, 2013, 03:14:43 PM
Demo: Practice and have a look for a new Broker
Real: Enter inside the "Trading Arena" becoming an offical trader!
Title: Re: difference between demo and real account
Post by: seawater on October 24, 2013, 02:13:26 PM
Demo accounts are very much important for the traders so that they can be practicing well and develop strategies for trading.
Yes of course demo accounts are very helpful and we develps our trading skills and knowledge which helps in real account to earn good profit.
Title: Re: difference between demo and real account
Post by: SuperJames on October 24, 2013, 05:41:48 PM
Demo accounts are only helpful in practice if you are using them wisely. If you are going to invest only $5000 then no point practicing on $50,000 demo account as you will be just wasting your time. If you want to make the most out of the demo account then try to start the demo account with amount close to your initial investment amount.
Title: Re: difference between demo and real account
Post by: forexnerd on October 28, 2013, 06:00:45 AM
The demo account is just like test match - we can make mistakes, check different compatibilities no loss of money.
Real account is like a match on the ground - mistakes cost here, sometimes unavoidable, no testing out conditions, loss is loss.
Forex traders follow more of trail and error method. This is not right.
Title: Re: difference between demo and real account
Post by: donalduck on October 28, 2013, 08:58:17 AM
Demo is basically same with real account but to an experienced trader, demo is worse than real a lot. The brokerage firm give real account a lot of advantages as better spread, fast execution, commodities trading, ...But to get familiar with trading for no cost, demo is the best.
Title: Re: difference between demo and real account
Post by: brave on February 24, 2016, 05:11:58 PM
In this respect, I must say that money is the only difference between demo and real trading as in demo account there is fake money involved but in real trading our real money involved and we perform careful trading in real business.
Title: Re: difference between demo and real account
Post by: hybrid on February 25, 2016, 07:04:02 AM
Quote from: forexnerd link=msg=291072 date=1382940045

The demo account is just like test match - we can make mistakes, check different compatibilities no loss of money.
Real account is like a match on the ground - mistakes cost here, sometimes unavoidable, no testing out conditions, loss is loss.
Forex traders follow more of trail and error method. This is not right.


Absolutely right demo is to make ourself prepared for live trading .In demo we do mistakes and try to correct them by doing again and again trading . This thing costs nothing just our hard work make us perfect in trading.
Title: Re: difference between demo and real account
Post by: resistance on February 25, 2016, 02:31:27 PM
Quote from: hybrid link=msg=352818 date=1456383842



Absolutely right demo is to make ourself prepared for live trading .In demo we do mistakes and try to correct them by doing again and again trading . This thing costs nothing just our hard work make us perfect in trading.

Demo account useful for backtesting system and ea, but demo account can't built up god psychoogy tarding and will good in real account to built up better psychology trading, now some broker offer low minimum deposit and we can trying even with ten dollar
Title: Re: difference between demo and real account
Post by: indicator on March 14, 2016, 02:36:18 PM
In demo account the main thing is to learn whereas in a real account the main thing is to earn. This is the biggest difference in a demo and a real account.
Title: Re: difference between demo and real account
Post by: dreamfx on March 25, 2016, 05:48:27 PM
Demo account helps us to improve trading knowledge and experience and no real money involves in demo account but in real account it includes real amount and we can make good profit with the help of demo account
Title: Re: difference between demo and real account
Post by: resistance on March 27, 2016, 12:49:52 PM
Quote from: dreamfx link=msg=353582 date=1458928107

Demo account helps us to improve trading knowledge and experience and no real money involves in demo account but in real account it includes real amount and we can make good profit with the help of demo account


Sometime get success in demo will not guarantee giving profit on real account, it's occur because on real account already involved emotion while in demo account not involved emotion
Title: Re: difference between demo and real account
Post by: iMusingKiMi on March 29, 2016, 03:42:32 AM
I believe there is not much difference in Demo and Real. The difference is just execution and between real money and played money. Other than that, it should be trader himself with emotionless in Demo and heavy emotion when trading real.
Title: Re: difference between demo and real account
Post by: resistance on March 29, 2016, 03:12:05 PM
I think real market on demo and real acount is not too much different, if any ea can work well in demo account hence in real account also will work, but also required deposit same with on demo account
Title: Re: difference between demo and real account
Post by: indicator on April 12, 2016, 07:09:34 AM
In demo account we concentrate in learning while in real account we concentrate in earning.
Title: Re: difference between demo and real account
Post by: Forexrider on April 12, 2016, 07:17:41 AM
Quote from: indicator link=msg=354036 date=1460441374

In demo account we concentrate in learning while in real account we concentrate in earning.


That's the short and sweet statement which is very much true, learn and then earn which is very much essential to survive in the forex trading business.
Title: Re: difference between demo and real account
Post by: Forex Verified on April 12, 2016, 02:54:50 PM
Quote from: resistance link=msg=353674 date=1459260725

I think real market on demo and real acount is not too much different, if any ea can work well in demo account hence in real account also will work, but also required deposit same with on demo account


The difference is only at scalping EAs. They tend to have better conditions on a demo account due to low spread and slippage. All other types of trading are basically the same on demo and live accounts.
Title: Re: difference between demo and real account
Post by: Confrontation Girl on April 14, 2016, 01:17:36 PM
Nothing should be different on the technical side. If there is, it's due to not demoing correctly. The actual difference depends on the broker.
Title: Re: difference between demo and real account
Post by: Forex Verified on April 14, 2016, 03:20:02 PM
Quote from: Confrontation Girl link=msg=354112 date=1460636256

Nothing should be different on the technical side. If there is, it's due to not demoing correctly. The actual difference depends on the broker.

As I said, the difference is the spread/slippage which is critical to scalpers, whether with EAs or manual trading.
Title: Re: difference between demo and real account
Post by: brave on April 16, 2016, 08:56:59 PM
Not much difference between these two, scenario/atmosphere is the same and only money is the difference. In demo trading with did work with easily / tensionless while the other hand in real trading with have to be careful as our real money involved.
Title: Re: difference between demo and real account
Post by: hybrid on May 04, 2016, 06:32:42 AM
Yes all trading atmosphere is like same just difference is of capital and thinking . I must say we are more motional in live trading than demo . Demo trading  looks normal when we do but we had many things in mind when trade really in forex market.
Title: Re: difference between demo and real account
Post by: donothing_jame on May 05, 2016, 03:44:20 PM
I think trading demo only helps us to practice and get to know about forex. we can check the excution at demo trading. the broker makes market for us. when trading live, you'll experience the real execution, there'll be more slippage and you with your money will be nervous than ever. you just don't know when to enter and exit the market, sell or buy pairs, open and close the orders... etc.
Title: Re: difference between demo and real account
Post by: vivid on May 06, 2016, 09:08:53 AM
Demo accounts are usually for practice, while real accounts are for earning.
Demo accounts have no emotions involved in their trading, while in real account emotions play a very vital role.
Title: Re: difference between demo and real account
Post by: indicator on May 12, 2016, 09:17:09 AM
Quote from: vivid link=msg=354572 date=1462522133

Demo accounts are usually for practice, while real accounts are for earning.
Demo accounts have no emotions involved in their trading, while in real account emotions play a very vital role.


That is one great difference indeed, we can use demo account for practice while we use real account for earning but only if we are good in our trading skills.
Title: Re: difference between demo and real account
Post by: iMusingKiMi on May 13, 2016, 09:02:10 AM
Quote from: indicator link=msg=354722 date=1463041029

Quote from: vivid link=msg=354572 date=1462522133

Demo accounts are usually for practice, while real accounts are for earning.
Demo accounts have no emotions involved in their trading, while in real account emotions play a very vital role.


That is one great difference indeed, we can use demo account for practice while we use real account for earning but only if we are good in our trading skills.


Of course, you can keep your position no matter profit or loss in demo, but it is difficult to do so in real. When you loss, you don't want to cut losses because after cutting, you can't get a comeback what you pray for. But in profit, you will scare market take all the way back.
Title: Re: difference between demo and real account
Post by: resistance on May 13, 2016, 03:18:01 PM
Of cousre demo account and real account is different, especially about psychology in trading, demo account will free from emotion pressure, while in real account usually as trader will greedy, so many expert suggested for newbie only use low leverage to prevent greedy in trading
Title: Re: difference between demo and real account
Post by: drunkfx on May 14, 2016, 03:24:17 PM
The only difference is slippage. In other regards it completely mirrors live trading account (at least I have such demo account with Hotforex)
Title: Re: difference between demo and real account
Post by: growing_mark on May 15, 2016, 04:40:31 PM
as many comments above. there're many different things between demo and real account. but every trader have to go through it. you would better get used to it and get on with this.
Title: Re: difference between demo and real account
Post by: indicator on May 18, 2016, 09:19:15 AM
Demo is necessary to get a based start in forex trading. If you will start directly in a real account, then you can get many problems in your future trading.
Title: Re: difference between demo and real account
Post by: Forex Verified on May 18, 2016, 05:01:32 PM
Quote from: indicator link=msg=354875 date=1463559555

Demo is necessary to get a based start in forex trading. If you will start directly in a real account, then you can get many problems in your future trading.


No one said you can't trade on demo even while you trade on real account. Sometimes you may want to test a certain strategy or if a time comes when your own strategy fails to work, demo is the way to go.
Title: Re: difference between demo and real account
Post by: drunkfx on May 22, 2016, 05:10:46 PM
The only difference I found trading in Hotforex demo and live account is slippage. As Demo has instant execution there is no slippage so you should take it into consideration when testing EA on demo.
Title: Re: difference between demo and real account
Post by: iMusingKiMi on May 24, 2016, 06:09:12 AM
Quote from: drunkfx link=msg=354980 date=1463933446

The only difference I found trading in Hotforex demo and live account is slippage. As Demo has instant execution there is no slippage so you should take it into consideration when testing EA on demo.


Absolutely true no matter on Hotforex or other brokers demo. Although they have live feed on Demo, on Real definitely have maybe 100-200 ms delayed executions.
Title: Re: difference between demo and real account
Post by: Forex Verified on May 24, 2016, 03:20:04 PM
Quote from: Proble link=msg=355001 date=1463995047

The main difference is you'll never take profit from demo account. As for me, trading with bonus money is much better than using demo account: you won't loose the money, but you'll take profit. I like no deposit bonuses from FreshForex the latest was $1000 no deposit bonus.

Be wary of a broker that gives you "free" money.
Title: Re: difference between demo and real account
Post by: resistance on May 25, 2016, 03:51:19 PM
Quote from: Forex Verified link=msg=355036 date=1464099604

Quote from: Proble link=msg=355001 date=1463995047

The main difference is you'll never take profit from demo account. As for me, trading with bonus money is much better than using demo account: you won't loose the money, but you'll take profit. I like no deposit bonuses from FreshForex the latest was $1000 no deposit bonus.

Be wary of a broker that gives you "free" money.


I don't know why, but I like use free bonus no deposit, I am ever making profit from bonus no deposit and become real money, but might if already use huge money we need choose good broker
Title: Re: difference between demo and real account
Post by: brave on July 26, 2016, 03:59:32 PM

Working wise both have the same features and there is only a difference which is money, rest of the features are the same, I would like to say that we should take the demo trading serious in order to get the better result from real trading.
Title: Re: difference between demo and real account
Post by: Forex Verified on July 26, 2016, 05:47:55 PM
Quote from: resistance link=msg=355049 date=1464187879

Quote from: Forex Verified link=msg=355036 date=1464099604

Quote from: Proble link=msg=355001 date=1463995047

The main difference is you'll never take profit from demo account. As for me, trading with bonus money is much better than using demo account: you won't loose the money, but you'll take profit. I like no deposit bonuses from FreshForex the latest was $1000 no deposit bonus.

Be wary of a broker that gives you "free" money.


I don't know why, but I like use free bonus no deposit, I am ever making profit from bonus no deposit and become real money, but might if already use huge money we need choose good broker


If you found a way to utilize the bonus then go for it. :)
Title: Re: difference between demo and real account
Post by: Confrontation Girl on July 27, 2016, 07:20:20 AM
The actual difference depends on the broker. I was kind of hoping that there would be a difference between my real and demo account, so i had something to blame on lol!
Title: Re: difference between demo and real account
Post by: resistance on July 28, 2016, 02:01:05 PM
I think that most distinguishes between demo and real account is about psychology trading which in real account usually will involved emotion while in demo account usually will free from emotion pressure
Title: Re: difference between demo and real account
Post by: MatthiasHuber on July 28, 2016, 03:16:19 PM
The answer to your question is EVERYTHING.
Title: Re: difference between demo and real account
Post by: Kemsutrader on August 02, 2016, 04:43:03 AM
while many traders told me that in live trading we have much slippage than normal.
but some brokers advertise that demo trading has slippage as well. I think it's just an ideal environment for newbies to get used to the market. is this right?
Title: Re: difference between demo and real account
Post by: indicator on August 10, 2016, 05:36:48 AM
There is a great difference between demo and real account trading. In a demo account as there is no involvement of real money you don't feel any emotional attachment but in a real account, you have to be very careful in your trading.
Title: Re: difference between demo and real account
Post by: drunkfx on August 11, 2016, 03:11:48 PM
The only difference as I see on my live and demo Hotforex platforms is execution time (can be delyaed on live during heavy volume) and thus slippage.  Rest is the same.
Title: Re: difference between demo and real account
Post by: indicator on November 15, 2016, 08:17:26 AM
Quote from: drunkfx link=msg=357042 date=1470924708

The only difference as I see on my live and demo Hotforex platforms is execution time (can be delyaed on live during heavy volume) and thus slippage.  Rest is the same.


I agree with you, another difference is of emotions, you don't feel emotions in a demo account as compared to real one.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on November 19, 2016, 10:58:38 AM
The psychological pressure of dealing with real money definitely plays a big role. People make mistakes out of stress, unfortunately.
Title: Re: difference between demo and real account
Post by: Paul.Trafford on November 21, 2016, 10:21:32 AM
The difference between demo and real account are very big. With demo although you are trading with real prices, the order are never actually going on the real market, thus orders are:
1. Always executed with 0 slippage.
2. Execution speed is instant.
3. No partial filling.
4. No rejections when filling the order.
In other words, demo environment  is good for testing purposes, but have in mind that Live account will be a lot different.
Title: Re: difference between demo and real account
Post by: hybrid on November 29, 2016, 06:25:56 AM
I must say demo trading is fantastic and dreaming . Some traders are over expected when they make profits in trading. They think and dream same profit with real trading as they were making in demo . They should know the difference between capital and market conditions of real and demo accounts.
Title: Re: difference between demo and real account
Post by: indicator on December 01, 2016, 08:19:53 AM
Demo account is very important to learn about forex trading  :)
Real account is very important to earn from forex trading ;)
Title: Re: difference between demo and real account
Post by: Paul.Trafford on December 01, 2016, 12:54:59 PM
Quote from: indicator link=msg=359290 date=1480580393

Demo account is very important to learn about forex trading  :)
Real account is very important to earn from forex trading ;)


Well said, but not really true. Real account also is very important to learn about forex, because even if demo environment is good ( close to real ) there are differences, such as exection speed, slippage and etc. which cannot be replicated in demo. This is why the learning continues even with real account. I am actually pretty sure that learning in Forex never ends.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on December 09, 2016, 11:21:27 AM
Quote from: indicator link=msg=359290 date=1480580393
Demo account is very important to learn about forex trading  :)
Real account is very important to earn from forex trading ;)

Well said, but not really true. Real account also is very important to learn about forex, because even if demo environment is good ( close to real ) there are differences, such as exection speed, slippage and etc. which cannot be replicated in demo. This is why the learning continues even with real account. I am actually pretty sure that learning in Forex never ends.

I agree. While one learns the theory and tests it on a demo account, a large part of the learning process happens on a live account, there is no other way, unfortunately.
Title: Re: difference between demo and real account
Post by: Neurotic on December 10, 2016, 05:25:39 AM
Demo is the best way to learn and Real is the way to earn the real money, thus you can learn about the Forex and then you can do real trading.
Title: Re: difference between demo and real account
Post by: MadBob on December 10, 2016, 08:12:34 PM
Neurotic has it 100% right. If you are still learning then only use a demo. You need to be 110% sure that you know what you are doing before you start trading with real money. And even then only start with a small account. Many people freak out when using real money for the first time so the transition is easier if you start with only a little bit of money
Title: Re: difference between demo and real account
Post by: Eliza Abrams on December 11, 2016, 12:27:43 PM
There are some things that can only be learned trading on a live account though. The overall emotional training a trader receives happens when trading with real money.
Title: Re: difference between demo and real account
Post by: valforex on December 11, 2016, 06:58:05 PM
If your broker has a dealing desk, expect a big difference even though market price is the same...
Title: Re: difference between demo and real account
Post by: resistance on December 12, 2016, 05:43:47 AM
For learning trade in real market condition might demo account is important, many trader fail because they ignore to practice in demo account, I am as example which only practice in demo around a week then after jump to real account then get fail and margin call account only three day trading
Title: Re: difference between demo and real account
Post by: MadBob on December 15, 2016, 05:45:20 PM
I agree. You see it in so many forum posts, new traders wanting to make money straight away and don't want to put the work in on the demo account
Title: Re: difference between demo and real account
Post by: indicator on December 17, 2016, 05:03:54 AM
For learning trade in real market condition might demo account is important, many trader fail because they ignore to practice in demo account, I am as example which only practice in demo around a week then after jump to real account then get fail and margin call account only three day trading

I agree with you, those traders that start directly in a real account fail badly, this is why training in a demo account is very important.
Title: Re: difference between demo and real account
Post by: Neurotic on December 17, 2016, 05:43:33 AM
Demo Trading is for learning, and the Real Trading is for the earning. Thus you need to first learn and than earn.
Title: Re: difference between demo and real account
Post by: resistance on December 17, 2016, 12:42:23 PM


I agree with you, those traders that start directly in a real account fail badly, this is why training in a demo account is very important.

Sometime as trader just realized if actually practice in demo is important and useful after they facing with margin call in real account, in addition many times failure in real account, I am ever reading story trader success wich also ever facing down mental because losing big money and then need time using demo account more than nine month to get back his confidence
Title: Re: difference between demo and real account
Post by: BillyForex on December 29, 2016, 04:32:30 PM
Very true. No one cares if they lose $10,000 on a demo account but losing even $10 on a real account really teaches you what trading is like
Title: Re: difference between demo and real account
Post by: indicator on January 03, 2017, 07:08:05 AM
Very true. No one cares if they lose $10,000 on a demo account but losing even $10 on a real account really teaches you what trading is like

Indeed, but a trader has to practice first on a demo account until he gets a grip on his strategy and then he should trade on a real account.
Title: Re: difference between demo and real account
Post by: dreamfx on January 04, 2017, 05:45:52 PM
I don’t think that there is any big different between demo and real account, there is only money difference but rest of the features are same and we should work in demo account sincerely then we will be able to earn from the real trading, never consider demo trading useless.
Title: Re: difference between demo and real account
Post by: Antje Wagner on January 18, 2017, 01:48:58 PM
from a broker point of view I can comment that there indeed can be differences!

most important with biggest impact is EMOTION
on a demo account you do not have the emotion to care for your money. it is only monopoly. although you pretend to use it like it was real, it is not the same. just if you put an EA on it, which you plan to use for live trading as well it might be a comparison.

another fact is CONDITION differences
if you are with the broker directly, fine. you see on demo the same as you see on live, no differences. but if you are having an IB in between, there might be differences. on demo (depending on the Broker settings) you might see the broker conditions and on live you see a spread mark up by the IB
we do handle IB referred demo and live accounts with the same spreads so that clients can test the "real situation".

third fact might be SERVER problems
it might appear that Demo server is freezing for some reason, while live is running fine. the focus of all brokers is on the live server so that this is not in danger.

there are for sure other small facts that have to be considered... but mostly both servers run equally and the feeds are the same. even execution time is similar. but whenever you see differences in both at a broker, or if on your demo account sth. looks weird, do not just leave the broker. contact the broker and ask what happened. that is what i can tell you from broker point of view. communication is important and i always appreciate that from my clients.
Title: Re: difference between demo and real account
Post by: Paul.Trafford on January 20, 2017, 09:49:07 AM
from a broker point of view I can comment that there indeed can be differences!

most important with biggest impact is EMOTION
on a demo account you do not have the emotion to care for your money. it is only monopoly. although you pretend to use it like it was real, it is not the same. just if you put an EA on it, which you plan to use for live trading as well it might be a comparison.

another fact is CONDITION differences
if you are with the broker directly, fine. you see on demo the same as you see on live, no differences. but if you are having an IB in between, there might be differences. on demo (depending on the Broker settings) you might see the broker conditions and on live you see a spread mark up by the IB
we do handle IB referred demo and live accounts with the same spreads so that clients can test the "real situation".

third fact might be SERVER problems
it might appear that Demo server is freezing for some reason, while live is running fine. the focus of all brokers is on the live server so that this is not in danger.

there are for sure other small facts that have to be considered... but mostly both servers run equally and the feeds are the same. even execution time is similar. but whenever you see differences in both at a broker, or if on your demo account sth. looks weird, do not just leave the broker. contact the broker and ask what happened. that is what i can tell you from broker point of view. communication is important and i always appreciate that from my clients.

You are saying that if you are with a broker directly, you see on demo the same as you see on live , no differences – I presume you are only referring to price, not execution right ? Because I really don’t see how a broker can replicate real live execution speed, or slippage , as to my understanding demo deals are not really going to the real market, thus execution will always be very fast , an there will not be any slippage. But maybe your broker have manage to replicated demo environment in a different way ?
Title: Re: difference between demo and real account
Post by: Antje Wagner on January 20, 2017, 12:05:36 PM
correct Paul, that is what i just wrote in the other thread.
Title: Re: difference between demo and real account
Post by: diamond on January 21, 2017, 04:05:14 PM
There are many differences between demo account and real account. You only can practice in a demo account but you can practice and earn both in a real account.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on January 22, 2017, 12:16:19 PM
There are many differences between demo account and real account. You only can practice in a demo account but you can practice and earn both in a real account.

The question is, I think, what the technical differences between the two are.
Title: Re: difference between demo and real account
Post by: hybrid on January 22, 2017, 02:50:04 PM
Difference is every where as capital is different .In demo you never face re-quote .  Your emotions during trading in demo and real are also different. Even expectations are also different. I must say real trading seems difficult than demo trading.
Title: Re: difference between demo and real account
Post by: indicator on January 23, 2017, 08:14:47 AM
Difference is every where as capital is different .In demo you never face re-quote .  Your emotions during trading in demo and real are also different. Even expectations are also different. I must say real trading seems difficult than demo trading.

"real trading seems difficult", it is difficult than trading in a demo account. Demo account is used for practice whereas real account is used for earning.
Title: Re: difference between demo and real account
Post by: Antje Wagner on January 23, 2017, 08:27:43 AM
There are many differences between demo account and real account. You only can practice in a demo account but you can practice and earn both in a real account.

The question is, I think, what the technical differences between the two are.

execution is different : demo has no real execution to the LPs
slippage: no real market situation can be created because of no real execution for Demo trades
demo servers are fed with historical data, algorithm, artificial execution to create the live situation about the above situations. depending on each broker who demo is "reacting"

just for giving 2 examples.
Title: Re: difference between demo and real account
Post by: Antje Wagner on January 23, 2017, 08:30:35 AM
Difference is every where as capital is different .In demo you never face re-quote .  Your emotions during trading in demo and real are also different. Even expectations are also different. I must say real trading seems difficult than demo trading.

"real trading seems difficult", it is difficult than trading in a demo account. Demo account is used for practice whereas real account is used for earning.

yeah right. i would rather say it is for practising as well as for testing purpose. you can indeed test a strategy on a demo although few differences may appear. :)
Title: Re: difference between demo and real account
Post by: Confrontation Girl on January 23, 2017, 08:40:42 AM
There are few differences as it mentioned in above post of one member. But for learning purpose we should use demo account after that we can invest small amount to try out the real market.
Title: Re: difference between demo and real account
Post by: Neurotic on January 23, 2017, 11:29:41 AM
Demo account is the best way to become successful in Forex Trading, you can learn through Demo and than you could earn through the real trading.
Title: Re: difference between demo and real account
Post by: Antje Wagner on January 23, 2017, 12:43:53 PM
not at all. you can learn strategy, money management, risk management on Demo and test conditions of a Broker, but it does not mean that you are successful on live when you are on demo. other way round the same, when you loose on demo it does not mean you do the same on live. emotions... that's what makes the main difference.
Title: Re: difference between demo and real account
Post by: resistance on January 23, 2017, 01:49:16 PM
Demo account is the best way to become successful in Forex Trading, you can learn through Demo and than you could earn through the real trading.
This is not giving guarantee for trader will success, demo account indeed useful for first step in learning trading with free of risk, but can't giving all environment that required in real account, like as in demo account not involved emotion
Title: Re: difference between demo and real account
Post by: JJJTrader on January 23, 2017, 06:14:48 PM
cent accounts are the best I would say. You can't lose much but as it's real money it is much more realistic from an emotional perspective
Title: Re: difference between demo and real account
Post by: Antje Wagner on January 24, 2017, 09:39:15 AM
Yes but I think the risk might be bit higher. I mean i have not yet traded a cent account and we do not offer cent accounts to our clients therefore i do not have much experience but i think... similar to binary option trading where clients start with a very low amount and later on invest more and more, this could happen the same on a cent account, doesn't it?
Sure you have to trade much lower volume on cent accounts but isn't the emotional aspect more dangerous? when you see on that small volume trading that you can be successful, you might start raising the volume or / and putting more equity. that's where the gambling part might start.

maybe i am wrong, so feel free to explain :)
Title: Re: difference between demo and real account
Post by: resistance on January 24, 2017, 01:20:40 PM
cent accounts are the best I would say. You can't lose much but as it's real money it is much more realistic from an emotional perspective
Yes I am also still using cent account, for learning and start with small capital this type account help much to learn and start trading, although result also small but if having good skill also possible increasing money to big profit
Title: Re: difference between demo and real account
Post by: Paul.Trafford on January 27, 2017, 10:59:11 AM
Yes cent accounts are sort of alternative to demo account, because you trade in real environment with real money, but I believe risk management there is a lot different, so there are still some differences
Title: Re: difference between demo and real account
Post by: Antje Wagner on January 27, 2017, 02:32:31 PM
alright. thanks for those ideas.
I agree with Paul that there are differences in risk management compared to a standard account but the emotions will give you a more real feeling on a cent account than on demo. although cent account is quite small, it is real funds.
so... when you are close to a heart attack on a cent account you know you should ot try bigger  ;D 8)
Title: Re: difference between demo and real account
Post by: rebecca108 on February 12, 2017, 09:02:15 PM
I think primary issue is with trading psychology. With real money you will fear loosing it.
Title: Re: difference between demo and real account
Post by: Adam Farhan on March 09, 2017, 08:09:10 PM
The expert adviser until the end of time give more importance on demo trading , but practically the traders we have lost interest when demo trading practically, I think instead of demo trading we can use live account with small balance , that can be great for us especially for the new traders.   
Title: Re: difference between demo and real account
Post by: yangsail on March 10, 2017, 12:20:47 AM
You might earn a lot of money in your DEMO account, because it's just numbers. But you have a big chance to loose money in your real account, because it's your real money
Title: Re: difference between demo and real account
Post by: odysseus11 on March 10, 2017, 04:01:09 AM
depends on the time frame you trade, the average time you are in a trade, and your SL/TP targets.

If you are a swing trader and spend over 6 hours in a trade, AND your TP/SL are all pretty wide, demo should bear very little difference vs real.

Where the difference is enormous is in scalping or very short-term trading (1 minute charts, trades lasting under 1-15 minutes, etc) with very tight SL/TP (under 10 pips). In these instances, the execution differences (demo is of course not real execution, real SHOULD be unless you are B-booked) will cause a significant variance in performance between real & demo.
Title: Re: difference between demo and real account
Post by: hybrid on March 10, 2017, 06:04:52 AM
You might earn a lot of money in your DEMO account, because it's just numbers. But you have a big chance to loose money in your real account, because it's your real money
Really we got a lot of profits in demo accounts that are not in our hands to enjoy. It is an account gives you chance to learn and practice trading. In real account this much success is not found . We had less money in real account and loss effects a lot to our mind.
Title: Re: difference between demo and real account
Post by: diyforexskills on March 10, 2017, 06:48:22 AM
You might earn a lot of money in your DEMO account, because it's just numbers. But you have a big chance to loose money in your real account, because it's your real money
Really we got a lot of profits in demo accounts that are not in our hands to enjoy. It is an account gives you chance to learn and practice trading. In real account this much success is not found . We had less money in real account and loss effects a lot to our mind.

Yes, demos are good for practice but these days, and as long as you are not scalping the difference between demo and live is not that large. And the beauty of that is that we can now make use of this by adopting the EA Controller method of trading EAs.

This is where we trade the EAs on a demo, add the EA controller indicator, which will ensure that trades will be copied to our live account but only when the demo account indicates that trading is currently profitable. When trading on demo goes into DD, the copying will be stopped; and when it recovers from DD, copying will resume.

You can read more about the EA Controller method of trading on this thread  https://donnaforex.com/index.php?topic=19585.0
Title: Re: difference between demo and real account
Post by: dreamfx on March 14, 2017, 06:01:51 AM
As far working condition there is no difference between demo and real trading as all the features are same but as far as the money concern, in demo trading fake money involved but in real we have to need real money, so only money is the difference but rest of the features are to be same.
Title: Re: difference between demo and real account
Post by: Paul.Trafford on March 14, 2017, 08:20:43 AM
As far working condition there is no difference between demo and real trading as all the features are same but as far as the money concern, in demo trading fake money involved but in real we have to need real money, so only money is the difference but rest of the features are to be same.

Yes but “only money” is a lot of difference, especially when you are trying to make a good risk management and you are also wrong, because demo is having fake – execution time, slippage is missing (and it is something that occurs in the real environment), there is no partial filling (that also might happened if liquidity is low), so there are a lot of differences between real account and demo account. But demo is a very good way to start learning
Title: Re: difference between demo and real account
Post by: Eliza Abrams on March 14, 2017, 10:39:25 AM
As far working condition there is no difference between demo and real trading as all the features are same but as far as the money concern, in demo trading fake money involved but in real we have to need real money, so only money is the difference but rest of the features are to be same.

Yes but “only money” is a lot of difference, especially when you are trying to make a good risk management and you are also wrong, because demo is having fake – execution time, slippage is missing (and it is something that occurs in the real environment), there is no partial filling (that also might happened if liquidity is low), so there are a lot of differences between real account and demo account. But demo is a very good way to start learning

True. People often say that there's no difference between demo and live accounts, but all the things you described do happen. Which is why learning to deal with trading with real money aside, learning on a demo account is only part of the way a trader must cover in order to be successful.
Title: Re: difference between demo and real account
Post by: resistance on March 14, 2017, 01:17:10 PM


True. People often say that there's no difference between demo and live accounts, but all the things you described do happen. Which is why learning to deal with trading with real money aside, learning on a demo account is only part of the way a trader must cover in order to be successful.
I think that often distinguish between demo and real account is about emotion, usually on real account will felt fear or anxiety, and sometime want to greed in trading, while in demo even floating large loss still enjoy
Title: Re: difference between demo and real account
Post by: Paul.Trafford on March 14, 2017, 02:04:15 PM


True. People often say that there's no difference between demo and live accounts, but all the things you described do happen. Which is why learning to deal with trading with real money aside, learning on a demo account is only part of the way a trader must cover in order to be successful.
I think that often distinguish between demo and real account is about emotion, usually on real account will felt fear or anxiety, and sometime want to greed in trading, while in demo even floating large loss still enjoy

Yes I agree with demo doesn’t really matter what is going to happen. This is why I think it is good for doing testing on a strategy and/or learning the basics, but other than that most learning is happening in the real "game"
Title: Re: difference between demo and real account
Post by: Antje Wagner on March 14, 2017, 02:50:09 PM
it is good for learning the functions. but real trading can only be learned on real account because then you learn about yourself (emotions)
Title: Re: difference between demo and real account
Post by: Neurotic on March 14, 2017, 04:02:48 PM
Demo is essential to learn the Forex Trading and Real Trading is to use that knowledge for earning real money in Real Forex Market.
Title: Re: difference between demo and real account
Post by: diyforexskills on March 15, 2017, 12:14:31 AM
Demo is essential to learn the Forex Trading and Real Trading is to use that knowledge for earning real money in Real Forex Market.

Ye, but the thing is that we never stop learning and so it is best to be in the market all the time. But if we have a losing strategy, that can cost us dearly if we persist on live.
So I suggest we should always be trading demo and live in tandem. Trade your chosen strategy or strategies on live but only until they start losing consistently (say 10 to 15% DD). When that happens, switch to trading those losing strategies on your demo account. That way you will keep trading, and thus learning, and at some point in time, the market dynamics will no doubt return to how they were when you first selected that successful strategy (at least for a while). So then you can switch back to trading that strategy on live. And you will have avoided some large losses.

By way of example, in the image below, we can see how often a particular strategy (in this case EAs) can be in an uptrend (profitable) and coloured green, and in a downtrend (DD), coloured red over just a six week period.

I would have hated it if I had traded EA 11 and/or 12 on live since the start. But I can now actually see that both of these are starting to pull out of their DD as market dynamics for these strategies are returning to what they were like during 2016 when I did my optimisation and back tests for these.
Title: Re: difference between demo and real account
Post by: Paul.Trafford on March 15, 2017, 10:12:10 AM
Demo is essential to learn the Forex Trading and Real Trading is to use that knowledge for earning real money in Real Forex Market.

Ye, but the thing is that we never stop learning and so it is best to be in the market all the time. But if we have a losing strategy, that can cost us dearly if we persist on live.
So I suggest we should always be trading demo and live in tandem. Trade your chosen strategy or strategies on live but only until they start losing consistently (say 10 to 15% DD). When that happens, switch to trading those losing strategies on your demo account. That way you will keep trading, and thus learning, and at some point in time, the market dynamics will no doubt return to how they were when you first selected that successful strategy (at least for a while). So then you can switch back to trading that strategy on live. And you will have avoided some large losses.

By way of example, in the image below, we can see how often a particular strategy (in this case EAs) can be in an uptrend (profitable) and coloured green, and in a downtrend (DD), coloured red over just a six week period.

I would have hated it if I had traded EA 11 and/or 12 on live since the start. But I can now actually see that both of these are starting to pull out of their DD as market dynamics for these strategies are returning to what they were like during 2016 when I did my optimisation and back tests for these.

I read your comment and it sounded very familiar from somewhere and then I checked the following subject - > https://donnaforex.com/index.php?topic=12720.210 (comment #220 ) What is this !? Could it be ?! Is it possible ?! Why off course it is the same person with the same comment ( paragraphs are different).
What is your game mate ?!
Title: Re: difference between demo and real account
Post by: diyforexskills on March 15, 2017, 10:22:13 AM
Demo is essential to learn the Forex Trading and Real Trading is to use that knowledge for earning real money in Real Forex Market.

Ye, but the thing is that we never stop learning and so it is best to be in the market all the time. But if we have a losing strategy, that can cost us dearly if we persist on live.
So I suggest we should always be trading demo and live in tandem. Trade your chosen strategy or strategies on live but only until they start losing consistently (say 10 to 15% DD). When that happens, switch to trading those losing strategies on your demo account. That way you will keep trading, and thus learning, and at some point in time, the market dynamics will no doubt return to how they were when you first selected that successful strategy (at least for a while). So then you can switch back to trading that strategy on live. And you will have avoided some large losses.

By way of example, in the image below, we can see how often a particular strategy (in this case EAs) can be in an uptrend (profitable) and coloured green, and in a downtrend (DD), coloured red over just a six week period.

I would have hated it if I had traded EA 11 and/or 12 on live since the start. But I can now actually see that both of these are starting to pull out of their DD as market dynamics for these strategies are returning to what they were like during 2016 when I did my optimisation and back tests for these.

I read your comment and it sounded very familiar from somewhere and then I checked the following subject - > https://donnaforex.com/index.php?topic=12720.210 (comment #220 ) What is this !? Could it be ?! Is it possible ?! Why off course it is the same person with the same comment ( paragraphs are different).
What is your game mate ?!

Hi Paul, not everyone reads all the threads and I have only posted the same material slightly modified to relate to the issue raised when I felt it was a legitimate response to the tenor of the discussion on the thread. These two were canvassing the same issue.
But if you and others find that that is unhelpful or undesirable then I will stop doing it. Consider it stopped.
Cheers.
Title: Re: difference between demo and real account
Post by: resistance on March 15, 2017, 12:51:53 PM
Sometime as trader has feeling why on demo account is easy to making profit, but when start on real account still get failure, this is common thing and might emotion is main point the cause failure on real account, but also sometime different server on real which often facing requote also become another problem
Title: Re: difference between demo and real account
Post by: Anton Devcich on March 15, 2017, 01:01:16 PM
I have never found at any vital different between demo and real trading , but practically the traders who are particularly newcomers don’t believe the  importance of demo account at all , for that reason they ignore this trading place , but demo trading basically contains all basic fundamental trading knowledge which is very supportive to kick off a live account in a proper way
Title: Re: difference between demo and real account
Post by: Paul.Trafford on March 16, 2017, 09:39:26 AM
Demo is essential to learn the Forex Trading and Real Trading is to use that knowledge for earning real money in Real Forex Market.

Ye, but the thing is that we never stop learning and so it is best to be in the market all the time. But if we have a losing strategy, that can cost us dearly if we persist on live.
So I suggest we should always be trading demo and live in tandem. Trade your chosen strategy or strategies on live but only until they start losing consistently (say 10 to 15% DD). When that happens, switch to trading those losing strategies on your demo account. That way you will keep trading, and thus learning, and at some point in time, the market dynamics will no doubt return to how they were when you first selected that successful strategy (at least for a while). So then you can switch back to trading that strategy on live. And you will have avoided some large losses.

By way of example, in the image below, we can see how often a particular strategy (in this case EAs) can be in an uptrend (profitable) and coloured green, and in a downtrend (DD), coloured red over just a six week period.

I would have hated it if I had traded EA 11 and/or 12 on live since the start. But I can now actually see that both of these are starting to pull out of their DD as market dynamics for these strategies are returning to what they were like during 2016 when I did my optimisation and back tests for these.

I read your comment and it sounded very familiar from somewhere and then I checked the following subject - > https://donnaforex.com/index.php?topic=12720.210 (comment #220 ) What is this !? Could it be ?! Is it possible ?! Why off course it is the same person with the same comment ( paragraphs are different).
What is your game mate ?!

Hi Paul, not everyone reads all the threads and I have only posted the same material slightly modified to relate to the issue raised when I felt it was a legitimate response to the tenor of the discussion on the thread. These two were canvassing the same issue.
But if you and others find that that is unhelpful or undesirable then I will stop doing it. Consider it stopped.
Cheers.

diyforexskills I mistaken you for one of those bots, who are just browsing different topics and posting comments that can basically fit anywhere. I apologize mate, did not mean to offend you! Indeed I was a legitimate response to the subjects. Keep helping others , this is what the forum is all about.
Title: Re: difference between demo and real account
Post by: buzzfxbroker on March 16, 2017, 10:27:14 AM
The only difference when using Mt4 is that the trades don't happen.
Title: Re: difference between demo and real account
Post by: donbon2 on March 16, 2017, 11:19:17 AM
Demo account you can be filled for any amount at any price -- real trading involves slippage and news gaps ... also the mental side is different.

I suppose new people have to demo trade to get a feel for the market -- but it is not the same thing.
Title: Re: difference between demo and real account
Post by: Adam Milne on March 27, 2017, 04:25:05 PM
The demo trading we have to do with seriously, if we want to be a knowledgeable trader very rapidly. But practically mostly traders don’t believe the importance of this trading place at all. My trading career I use all my trading techniques in my demo account to see the performance how it works.  It always helps me for avoiding risk.
Title: Re: difference between demo and real account
Post by: Grant Elliott on March 27, 2017, 06:05:06 PM
Actually instead of demo account it is better to trade in a real account with small balance. Because mostly traders lost interest when trading demo practically especially the newcomers.       
Title: Re: difference between demo and real account
Post by: Eliza Abrams on April 10, 2017, 11:12:38 AM
Actually instead of demo account it is better to trade in a real account with small balance. Because mostly traders lost interest when trading demo practically especially the newcomers.       

I really wouldn't recommend trading on a live account for total newbies. They'd just lose their money, get disheartened and stop trading altogether.
Title: Re: difference between demo and real account
Post by: diamond on April 11, 2017, 06:04:51 AM

A trader feels very touchy with real account trading , however he is relax and less emotional with demo accounts. I think h e is sad quickly in loss even wants more profits again and again . This feeling is not same with demo .
Title: Re: difference between demo and real account
Post by: Corey Anderson on April 12, 2017, 03:35:40 PM
Demo trading capital is all about virtual money, it’s a free service for the traders! But the trading environment is same! Yes, I used my demo account so sincerely as like my live trading account even I used low trading capital because of concentration issue! That’s way, I never faced greed and emotions issue in my early stage of live trading!
Title: Re: difference between demo and real account
Post by: hybrid on April 19, 2017, 02:24:37 AM
It is good to treat demo as it is your own amount , in this way you can learn right funds management and risk management of account. Just doing trading on demo will not good idea about your skill in trading until you not think it as you will treat your actual money.
Title: Re: difference between demo and real account
Post by: ianj on April 19, 2017, 03:11:10 AM
My own thoughts are that demo accounts are only for basic acclimatisation - just to see if the platform behaves as you expect. MOve to a real account as soon as possible and trade the smallest possible amount, then ramp up. The execution of small trades is STILL different to large trades, even in the same account but at least it is comparable.

The major difference is the trader

Of course it matters what style of trading. Scalping just a few pips will be different, news trading will be different, Asian hours iliquid trading will be different.

I can promise that you, as a trader, will be different
Title: Re: difference between demo and real account
Post by: Neurotic on April 19, 2017, 02:41:58 PM
Demo is the way to learn about the Forex Trading and the knowledge we get in Demo is used to make some good money online through the Forex Trading.
Title: Re: difference between demo and real account
Post by: diamond on May 21, 2017, 06:44:54 PM
Demo is used to do practice of trading. In demo one can learn what he wants. After demo we should go to live trading then A trader will  do less mistakes than he directly do trading on live accounts. Live accounts use our real money in trading. However we can learn trading on demo free of cost.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on May 22, 2017, 11:10:51 AM
Demo is the way to learn about the Forex Trading and the knowledge we get in Demo is used to make some good money online through the Forex Trading.

Demo is very helpful in that regard, but it is not the only way to learn. Some things can only be learned on a live account, not to mention that trading on a demo account is not exactly the same as trading on a live one.
Title: Re: difference between demo and real account
Post by: Paul.Trafford on May 22, 2017, 01:52:35 PM
Demo is the way to learn about the Forex Trading and the knowledge we get in Demo is used to make some good money online through the Forex Trading.

Demo is very helpful in that regard, but it is not the only way to learn. Some things can only be learned on a live account, not to mention that trading on a demo account is not exactly the same as trading on a live one.

Agree with you Live and Demo are very different. Most people think that once they are making good profits on Demo they are set … but reality is slightly different. Cheers
Title: Re: difference between demo and real account
Post by: resistance on May 22, 2017, 02:18:04 PM
Yes demo account is useful for practice on real market condition although using virtual money, but indeed no emotion pressure usually when practice on demo account and will good to develop better psychology on real account
Title: Re: difference between demo and real account
Post by: Shaari on May 22, 2017, 03:24:28 PM
it was really hard to switch to a live acc after demo when losing wasnt painful, just figures on the screen :D
Title: Re: difference between demo and real account
Post by: forexbaby on May 22, 2017, 03:52:00 PM
Demo is the way to learn about the Forex Trading and the knowledge we get in Demo is used to make some good money online through the Forex Trading.

Demo is very helpful in that regard, but it is not the only way to learn. Some things can only be learned on a live account, not to mention that trading on a demo account is not exactly the same as trading on a live one.

Agree with you Live and Demo are very different. Most people think that once they are making good profits on Demo they are set … but reality is slightly different. Cheers

yup, emotion mgt comes in!
Title: Re: difference between demo and real account
Post by: SweetPrincess on June 07, 2017, 08:51:43 AM
Demo account is helpful especially to the newbies. It is where you can test your trading plan and strategies with only using virtual money from brokers. Real account is a live trading account on where you will risk your own money and earn real profits. :)
Title: Re: difference between demo and real account
Post by: resistance on June 07, 2017, 02:29:56 PM
Demo account is useful to backtesting ea or system trading to make sure if these system or ea can work properly and profitable, while on real account is to implemented real trading using real money with usually already involved emotion when trading
Title: Re: difference between demo and real account
Post by: indicator on June 08, 2017, 05:38:47 AM
No one can make same profit in real account as he experienced in demo trading. It involves many different things related to trader's personal psychology and market of real trading. In demo we never face re-quotes or busy market. It annoys a lot when when we are fail to  open or close order at our choice..
Title: Re: difference between demo and real account
Post by: brave on July 13, 2017, 03:34:24 PM

Demo account is for practice and improve our trading knowldge in experience which further helps us to perform more secure trading and minimize the risk factors and greed. We can test differemt indicators and strategies in demo account to increase success rate in real account.
Title: Re: difference between demo and real account
Post by: Neurotic on July 14, 2017, 08:23:38 AM
Demo Account is the best way to earn some good knowledge and experience and skills that too without any risk money.  While real account is the place to earn through the obtained knowledge.
Title: Re: difference between demo and real account
Post by: resistance on July 14, 2017, 02:19:06 PM
Demo Account is the best way to earn some good knowledge and experience and skills that too without any risk money.  While real account is the place to earn through the obtained knowledge.
Yes indeed demo account is free from the risk will useful to learn and practice to implemented risk management on trading before using real account, but indeed if want to built up better psychology trading hence using real account will better than demo
Title: Re: difference between demo and real account
Post by: Siti Nurhaliza on July 18, 2017, 03:18:16 PM
Trading with EA or any technical tool is always risky! Like, you can face a huge damage because of technical error in your live trading platform! So, I prefer manual trading! By the way, I would suggest you, to check the technical features like spreads, liquidity of your broker.
Title: Re: difference between demo and real account
Post by: resistance on July 19, 2017, 12:00:53 PM
Trading with EA or any technical tool is always risky! Like, you can face a huge damage because of technical error in your live trading platform! So, I prefer manual trading! By the way, I would suggest you, to check the technical features like spreads, liquidity of your broker.
I am also still often work as manual trading and not yet using ea, but I am hear certain ea also can giving good income and profit, so if anyone trader that want to use ea better they make research and also backtest on demo account before used on real account
Title: Re: difference between demo and real account
Post by: Eliza Abrams on July 20, 2017, 01:25:54 PM
Trading with EA or any technical tool is always risky! Like, you can face a huge damage because of technical error in your live trading platform! So, I prefer manual trading! By the way, I would suggest you, to check the technical features like spreads, liquidity of your broker.
I am also still often work as manual trading and not yet using ea, but I am hear certain ea also can giving good income and profit, so if anyone trader that want to use ea better they make research and also backtest on demo account before used on real account

Backstesting everything on a demo account is an indispensable approach in trading, regardless of whether you are trading manually or with an EA.
Title: Re: difference between demo and real account
Post by: raniya on July 22, 2017, 02:55:00 PM
in demo trading, we can not hone our trading psychology. But it is too risky if we start trading with real account without any experience. SO there is demo account which can be used by trader. in FXB, I also use demo account to hone trading skills. We can learn about market movement without having to make deposit and get real loss
Title: Re: difference between demo and real account
Post by: indicator on July 24, 2017, 04:26:48 AM
Demo trading seems easy due to many reasons, We face no loss having no stress on mind. Its risk not affect on our pocket. In real account every thing is concerned . Traders can think demo a real money if they want to learn real trading with risk management.
Title: Re: difference between demo and real account
Post by: Benjamin7 on July 27, 2017, 07:42:30 PM
On a demo account the risks are minimal. That's true, but I still recommend trading on a demo account as if you're trading with real money. If you won't relate seriously to a demo account, it'll be hard for you to switch to a real account. When shifting you'll be making big mistakes because the emotional difference between trading on a demo and a real account is huge. You can have fun on a demo account, but only when you're already an experienced trader, and you're simultaneously trading on a real account.
Title: Re: difference between demo and real account
Post by: Luisa Arraes on July 28, 2017, 10:27:53 AM
I have noticed, many traders were successful in demo but now struggling in live account! That’s the reality! Tons of differences, the main issue is emotion and fear! So, I prefer cent account before live trading.
Title: Re: difference between demo and real account
Post by: Lastonny on July 28, 2017, 10:37:07 AM
Trades execution is the main objective difference.
Emotions, m\m etc are manageable.
But if a broker delays trade entries/exits or fools you with market execution price (it is often so that by market execution you get the worst possible price within the execution period), so trading becomes difficult. You not only struggle with market and yourself but also with your broker   >:(
Title: Re: difference between demo and real account
Post by: cokodot on July 31, 2017, 11:36:22 AM
Without understanding the basic theory also according to useless we will not be able to understand the next stage better and will be more complicated and confusing if we are not used
Title: Re: difference between demo and real account
Post by: Confrontation Girl on August 02, 2017, 06:45:22 AM
Without understanding the basic theory also according to useless we will not be able to understand the next stage better and will be more complicated and confusing if we are not used
That is very true for every trader. WIthout learning the basic how you can expect that you will get the idea of the high and difficult situation of the market.
Title: Re: difference between demo and real account
Post by: Paul.Trafford on August 03, 2017, 12:11:14 PM
Demo - get familiar with how things work ( broker / market and etc). Live - face reality and adapt yourself in. (Loose some money) Get back to demo again start making some money. Get back to Live and apply everything. Cheers
Title: Re: difference between demo and real account
Post by: cokodot on August 04, 2017, 10:57:33 AM
If you want to be able to conduct trading activities well, we should be able to prepare ourselves first with the best possible. That's why I always try to prepare myself as best as possible so I can get maximum trading results with FXB
Title: Re: difference between demo and real account
Post by: Jabbar Hossen on August 17, 2017, 11:00:19 PM
As a newcomer it is too much difficult to apply basic knowledge and experience in demo trading because of emotions. So instead of demo account sometimes we can use micro account , it can be supportive to enhance live trading experience.   
Title: Re: difference between demo and real account
Post by: resistance on August 18, 2017, 12:22:05 PM
Yes we can use cent account to learn trading on real market condition, because on cent account we can built up good psychology trading and different with demo account that usually startup capital is big number and also no emotion pressure
Title: Re: difference between demo and real account
Post by: Neurotic on August 19, 2017, 05:21:16 AM
Demo is the initial step, then if you wanna learn it more better, you could do small investments and learn through it and later could invest more money with the increment of confidence level.
Title: Re: difference between demo and real account
Post by: raniya on August 19, 2017, 05:55:57 AM
A FX practice account is a trading account to test strategies under real market conditions. It is funded with virtual funds and allows you to practise trading. It can be used to get experience before we use real account. Demo account will help new trader to start trading.
Title: Re: difference between demo and real account
Post by: Irina Malcova on August 19, 2017, 04:21:59 PM
I feel the difference with the demo account real account is located from the psychological side, and capital used, try to manage capital trading in demo account is definitely no sense of worry, fear, etc so that it is capable of logical thinking of trading behavior
 
Title: Re: difference between demo and real account
Post by: litecoin on August 21, 2017, 05:56:01 PM

In demo account we can trade as much as we can with virtual money to enhance our trading skills and our main objective should be the learning it will further help us in real account to achieve high margin profits. Emotions in real account should be controlled.
Title: Re: difference between demo and real account
Post by: Paul.Trafford on August 25, 2017, 06:56:21 AM
Huge difference is that with Demo you don't let your emotions take control of your actions. Hardly the situation is the same with the Live environment.
Title: Re: difference between demo and real account
Post by: Neurotic on August 25, 2017, 11:31:11 AM
Demo is to gain knowledge, though experience could be gain only through the Real Trading. Thus EA advises to so trading with small capital, after practicing Demo.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on September 21, 2017, 01:45:52 PM
Huge difference is that with Demo you don't let your emotions take control of your actions. Hardly the situation is the same with the Live environment.

The difference isn't just psychological. With some brokers there is slippage and requotes on the live account and none on the demo account. One should really watch out for that when they pick a broker and a platform.
Title: Re: difference between demo and real account
Post by: Haffizz on September 21, 2017, 03:41:45 PM
Yes, I don't think that someone will face huge slippages or orders cancelling on demo. But on live, such things happen not rarely
Title: Re: difference between demo and real account
Post by: Neurotic on September 25, 2017, 05:24:16 AM
Yeah, and that is what makes Demo a good way to learn about the Forex Trading, only if you spent more time in it, most of the traders thinks that they don't need to more of Demo, but trust me they need to have.
Title: Re: difference between demo and real account
Post by: ForexTradesman on October 05, 2017, 05:02:23 AM
Well, first of all have a good strategy, and be able to control your emotions even in stressful situations. Never trade on your emotional impulses, they cloud your judgment and lead you to make bad decisions.
Title: Re: difference between demo and real account
Post by: equityfx on October 12, 2017, 03:51:57 PM
Trading on demo account always will free from emotion pressure, and usually startup capital also use huge number and will very different when start on real account, almost trader start with small capital but they hope will quickly to making big profit.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on October 12, 2017, 04:17:12 PM
Trading on demo account always will free from emotion pressure, and usually startup capital also use huge number and will very different when start on real account, almost trader start with small capital but they hope will quickly to making big profit.

True, the part about the large initial capital can be very misleading. That is why it's so important to trade on a demo account in the exact same manner as you would on a live one.
Title: Re: difference between demo and real account
Post by: Aaronpp on August 08, 2019, 08:06:32 PM
The difference is very simple, a DEMO account is dedicated mainly to those beginners who are interested in entering the market or especially to learn how to operate on a special program for trading, But all the operations performed are like a kind of simulation and there is no risk. The REAL account is for when you go into trading, all your transactions will be real just like the risk. So to say the DEMO account is for practice and the REAL is for doing real operations.
Title: Re: difference between demo and real account
Post by: fxopen78 on December 13, 2019, 09:08:22 PM
I think demo and real account trading server is different, since in demo account with good speed latency but maybe in real also influence by volume traffic between client and dealer, if the trading server is busy, hence also influence to performance if use EA, but ideally ECN broker is better than bucket shop
Title: Re: difference between demo and real account
Post by: peter_s on December 14, 2019, 01:53:16 AM
There should be no difference unless the demo uses a different feed, which is very unlikely. Live trade execution slippage and liquidity issues will mean bigger differences as you increase the lot sizing, especially if you trade around news and/or Asian markets.
Title: Re: difference between demo and real account
Post by: Tobei on December 15, 2019, 07:38:45 AM
If the company is normal, then the difference between the demo account and the real account does not arise.
Title: Re: difference between demo and real account
Post by: Nilanadar on December 16, 2019, 08:24:35 AM
Several times I came across such reviews that on some. platforms there is a difference between a demo account and a real account. I personally am not familiar with this, because Amarkets has no difference between these accounts
Title: Re: difference between demo and real account
Post by: drunkfx on December 17, 2019, 09:45:19 AM
I think it depends on the broker For example at Hotforex the difference is only in execution speed (instant on demo vs. non-instant on live account), the rest it the same. But it's a major obstacle for repeating success from demo accounts (for example for scalping EAs) on live accounts. This makes trading a bit tricky but still it is a manageable problem.
Title: Re: difference between demo and real account
Post by: Kagagis on December 17, 2019, 10:01:40 AM
If the company is normal and it has no pitfalls, then there is no difference between the demo and the real account.
Title: Re: difference between demo and real account
Post by: Tekus on December 18, 2019, 11:35:43 AM
I think there is no difference and a demo account is a great way to test the platform.
Title: Re: difference between demo and real account
Post by: Bloodpick on December 18, 2019, 01:07:12 PM
Personally, I did not feel the difference between demo accounts, a real account, everything is fine.
Title: Re: difference between demo and real account
Post by: alex100 on December 18, 2019, 11:58:06 PM
There are many scalpers that work just beautiful on demo. But when you put it on live results are very disappointed. So it must be some difference. 
Title: Re: difference between demo and real account
Post by: Bagrel on December 19, 2019, 08:27:30 AM
In terms of functionality and features, the demo account at Amarkets is no different from the real one. Opening it, newcomers gain access to the financial market, observe real quotes, monitor their changes, analyze their behavior.
Title: Re: difference between demo and real account
Post by: Cerim on December 21, 2019, 10:46:19 AM
From my personal experience of trying a demo account and switching to a real account, I did not notice the difference and realized that it depended on this broker, whom I chose.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on December 21, 2019, 12:24:25 PM
Oh, the quality of the live account trading definitely depends on the broker, so one should be very careful when picking one.
Title: Re: difference between demo and real account
Post by: Whitecrusher on December 22, 2019, 09:18:47 AM
If you are faced with the difference between a demo account and a real account, then you urgently need to change the company, because in adequate normal companies such as amarkets, there are no such differences.
Title: Re: difference between demo and real account
Post by: drunkfx on December 23, 2019, 08:21:41 AM
From my personal experience of trying a demo account and switching to a real account, I did not notice the difference and realized that it depended on this broker, whom I chose.

Brokers that offer same demo and real accounts don't exist or are scam. Both Tickmill and Hotforex where I trade offer instant demo execution which is great for testing waters but real account execution requires time that affect results. And this is very important trading feature that makes you understand why trading is so hard and can't be narrowed down simply to price predictions.
Title: Re: difference between demo and real account
Post by: Sami Samith on December 23, 2019, 11:28:56 AM
Demo account is a dummy account that enables new traders to perform all trading activities without risking real money. It will be right to say, Demo account is the live simulation. With demo account trader trade with fake money while with live account trade with real money.
Title: Re: difference between demo and real account
Post by: drunkfx on December 26, 2019, 01:44:44 PM
.
As mentioned by Odysseus the total difference is related to the type of EA  and the way that operates.
But in the conservative side we can always summarize the difference to 2 pips per trade.

That is somewhat overkill conservative but is a good and simple rule.

For example, if the EA makes 200 trades in a month in demo,  deduct the equivalent  of 400 pips from the
 total performance of the EA.

So, if the EA is a scalper that makes 2 pips average,  that EA would be a loser in real account.

Same rule apply for back testing with tick data (99%).  If back-testing with regular data, deduct 4 pips per trade

J.

This is big problem for automated trading with CFD brokers. But still keeping EA running during London and the start of NY session with tight spread brokers like IB, Tickmill or Hotforex greatly improves results of spread-sensitive EAs, tested.
Title: Re: difference between demo and real account
Post by: shubhamkaushik90 on January 02, 2020, 06:49:02 AM
Hi there, I managed to complete the EA with a friend that works beautifully on a demo account. I would like to ask how much they are different demo and real accounts with ECN brokers .. the subject's astonishment, therefore I apologize for the new thread. Thank you .. Jonas from Czech Republic

hello,
Using and demo account will make you learn about the basics of trading, and it will make you more and more flexible by trading using an demo account.
In which you will be using virtual money to trade with.

After being comfortable with basics of trading, you can then opt for the live accounts, so that you can trade with your funds. And will be able to invest yours funds in the right direction.
Title: Re: difference between demo and real account
Post by: fxopen78 on January 03, 2020, 09:56:59 PM
Demo account is a dummy account that enables new traders to perform all trading activities without risking real money. It will be right to say, Demo account is the live simulation. With demo account trader trade with fake money while with live account trade with real money.
The demo is useful, but this is not reflected overall trading result in live account, there are a term of difference between two, main point is about psychology trading, then about server demo and real is different, good trading in the demo account, not sure will good also in real account
Title: Re: difference between demo and real account
Post by: Redcliff on January 19, 2020, 08:50:07 AM
There are a lot of opinions on this and everyone is right in his own way, but I’ll say that you still should not ignore the demo account.
Title: Re: difference between demo and real account
Post by: fxopen78 on January 19, 2020, 10:37:09 PM
There are a lot of opinions on this and everyone is right in his own way, but I’ll say that you still should not ignore the demo account.
As a newbie, needs to use the demo account, it will better not rush to jump in real account, although demo account can't built up good psychology trading, we can practice to implemented any strategy and system trading with free of risk.
Title: Re: difference between demo and real account
Post by: Jugal on January 21, 2020, 08:33:21 AM
Well, almost all the options have already been put forward, what is the difference and what should not be a difference, I agree with many.
Title: Re: difference between demo and real account
Post by: fxopen78 on February 02, 2020, 09:43:43 PM
Psychological difference is the most case between demo and real account, because since trading in demo account only use virtual money, no effect on emotion, since trading in a real account will involved emotion and this influence during trading, fear, greedy and so on
Title: Re: difference between demo and real account
Post by: karq on February 14, 2020, 06:23:35 AM
The difference between them is that Demo helps beginners to get familiar with the aspects of trading carefree(without risk). Its a tool that helps one to practice trading or to test a new trading strategy without any risk to actual money. As for a the real or live account there are risk factors and also if you don't have an strategy or plan on what your doing its going to be just loss.
Title: Re: difference between demo and real account
Post by: bradleyjinx on February 14, 2020, 02:02:43 PM
the biggest mistake that people are making - they think that they would be able to trade FEARLESS with the same amount of money on live as they did on demo.
there is a phycological pressure.
and sometimes it's really hard to overcome it.
Title: Re: difference between demo and real account
Post by: fxopen78 on February 15, 2020, 01:51:09 AM
Demo account usually starts with huge capital, this is main difference in the demo and real account which usually start with smaller capital, if on demo use 5000$ its big capital, but since in real account use less than 200$ is very different, so often good trading performance in the demo but fail in real trading.
Title: Re: difference between demo and real account
Post by: Sebastian90 on March 23, 2020, 11:33:51 AM
A trader who trades on a real account will likely try to close the trade in profit or at breakeven. ... There are many traders who manage to make a profit while demo trading, but start losing money once they switch to a live account. No Real Consequences – Demo accounts provide a risk-free trading
Title: Re: difference between demo and real account
Post by: fxopen78 on March 24, 2020, 01:52:32 AM
A trader who trades on a real account will likely try to close the trade in profit or at breakeven. ... There are many traders who manage to make a profit while demo trading, but start losing money once they switch to a live account. No Real Consequences – Demo accounts provide a risk-free trading
There are different psychological factor during trades on a demo account since trade in demo account as a trader will never felt scared to losing money, its free of risk, but since in real account trading, as a trader will facing many sorts of emotion, greedy, scary to lose, anxiety, etc.
Title: Re: difference between demo and real account
Post by: drunkfx on March 24, 2020, 06:51:50 AM
the biggest mistake that people are making - they think that they would be able to trade FEARLESS with the same amount of money on live as they did on demo.
there is a phycological pressure.
and sometimes it's really hard to overcome it.

Yes and causes a kind of reckless attitude towards possible outcomes, i.e. making luck the basis of trades instead of cold calculation.
Title: Re: difference between demo and real account
Post by: Eliza Abrams on March 24, 2020, 09:35:37 AM
I agree, I've seen people - including myself - fall into that trap. It's a big mistake.
Title: Re: difference between demo and real account
Post by: akev on March 25, 2020, 09:49:32 AM
Demo account is mostly for the purpose of beginners to show how the live trade works and to build up strategies.
Title: Re: difference between demo and real account
Post by: 2cuteEssence on March 25, 2020, 07:44:39 PM
Demo is a great tool for training, the main thing is to take your time and develop such a responsibility for yourself, as if you are working with real money because otherwise, you can become a gambler, and it will be harder for you in the real market.
Title: Re: difference between demo and real account
Post by: Khan00 on December 03, 2020, 02:56:34 PM
From my understanding a demo account helps traders to practice trading beforehand and determine the potential risks of trading since, they get to trade in a risk-free environment. As for a live account trading is meant for traders who are experienced enough to calculate their risks and place accurate or profitable trades.
Title: Re: difference between demo and real account
Post by: drunkfx on December 06, 2020, 06:06:19 PM
From my understanding a demo account helps traders to practice trading beforehand and determine the potential risks of trading since, they get to trade in a risk-free environment. As for a live account trading is meant for traders who are experienced enough to calculate their risks and place accurate or profitable trades.
Yeah demo account is great to see how things work in general, unfortunately the knowledge that makes you money can be extracted only from practice on real account.
Title: Re: difference between demo and real account
Post by: fxopen78 on December 08, 2020, 12:20:18 AM
Demo account indeed help us to learn at beginning trading, it's good if willing to spent in demo account at least six months or more and make sure in demo really understand with their strategy, because success in demo help later in real although not guarantee because the emotion in live trading is different
Title: Re: difference between demo and real account
Post by: Jacob on December 17, 2020, 02:46:40 PM
It is true that demo account is helpful during initial stages of forex trading but unfortunately the only way to experience real trading that makes money can be only made from practice on a real account.
Title: Re: difference between demo and real account
Post by: fxopen78 on January 14, 2021, 11:37:09 PM
Demo account sometimes used by a trader to backtest any trading strategy or robot trading after in backtest strategy tester giving good trading result, however, a demo account will never giving emotion pressure, and its common case if success in demo not reflected success in real trading too
Title: Re: difference between demo and real account
Post by: Jacob on April 20, 2021, 04:39:36 PM
"In my view, I find that the demo account is useful for both beginners to learn about forex and experienced traders to try backtest any trading strategy or robot trading.

The real account is used to make profits by taking certain risks and using the best strategy that has been used in the demo account."
Title: Re: difference between demo and real account
Post by: fxopen78 on April 20, 2021, 11:17:44 PM
"In my view, I find that the demo account is useful for both beginners to learn about forex and experienced traders to try backtest any trading strategy or robot trading.

The real account is used to make profits by taking certain risks and using the best strategy that has been used in the demo account."

Spent time to use demo account I think will help any trader to get more experience in real market condition with virtual money, but sometimes any trader already working good in demo trading, but they fail in the real trading account, the main factor about psychology in real trading account very different with demo trading account.
Title: Re: difference between demo and real account
Post by: drunkfx on May 16, 2021, 06:47:07 AM
"In my view, I find that the demo account is useful for both beginners to learn about forex and experienced traders to try backtest any trading strategy or robot trading.

The real account is used to make profits by taking certain risks and using the best strategy that has been used in the demo account."

Many trading systems, especially momentum-based ones which produce good results on demo, often trade at loss in live account. So backtesting is really tricky thing, sometimes you have to do some adjustments that make the strategy viable on live and at the same time retain an edge.
Title: Re: difference between demo and real account
Post by: fxopen78 on May 16, 2021, 11:00:24 PM
There are some difference as the reason why in live account often fail, meanwhile trading in demo often succeed, first and become most reason is demo account without involved emotion, while in live involved emotion, second in demo account usually start with high capital more than 5k USD, meanwhile in real trading only use $100, Third reason is about trading server, in demo account usually run smoothly without delay, meanwhile in the real trading server if very busy can influence on the execution order.
Title: Re: difference between demo and real account
Post by: drunkfx on June 01, 2021, 07:26:40 PM
That's why newbie trades should spend minimal time on demo after learning functionality they have to switch on live to avoid common mistakes like being emotionally unprepared when switching on live and keep lax risk controls that they used on demo.
Title: Re: difference between demo and real account
Post by: Jacob on July 12, 2021, 02:05:26 PM
I personally feel the demo is good for beginners to practice trading and familiarise themselves with the brokers trading platforms.

Regarding real account trading, the risk involved is real, and it is not simple as the demo account trading.