I just want to know what is the difference of demo account and live account? Is there any big difference between the two? Thanks
simple is this when you using demo account you are trading with out any profit or loss of money while in live account your heart beat also move with movement of price this is major differene your account increase or decrease respectively. in demo your can creat an other other with out delay.
It's simple dear,demo for learning and you cannot withdraw demo balance,but live is real and you can withdraw any balance from live account.
demo is for learning and live is for real,demo profit not withdraw-able,but live is withdraw-able.
the main difference between demo and real account is that money is fake in demo and your profit loss are also fake but in real your money is real and your profit loss are also real . demo is for learning to check best strategy to gain skills and experience but real is for earning profit
Demo account is basically created to get training and experience of trading strategies without "risk=profit" whereas live account is used with "risk=profit" principal on the basis of trading strategies learn from demo account. It is advised to get training on demo account before start trading by using live account.
Demo account is basically created to get training and experience of trading strategies without "risk=profit" whereas live account is used with "risk=profit" principal on the basis of trading strategies learn from demo account. It is advised to get training on demo account before start trading by using live account.
Though we can not earn money in Forex but one thing is for sure, that we can learn a lot from demo account. And also, we can already hone our trading skills in demo for when the time comes that we are ready to trade in live, we can never go wrong
There are no big difference between demo account and live account in open eyes. But there having a difference, Demo account is that where trader are a primary level. Which trader try to be skilled as demo. There are all thing are like live but not live.
well demo account does not have real money and it is purely for learning purposes. Demo is the best way to go for trading and lets you determine if you can handle the heat in live account. Most good brokers like instaforex, aafx trading,are offering demo account.
I think the demo is for learning forex and live is for real,demo profit not withdraw-able,but live is withdraw-able. There are all thing are like live but not live.
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