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InstaForex | Forex Forum | Forex world | InstaForex Forum _ For beginners _ Difference of demo account and live account

Posted by: Zara Sep 25, 2012, 05:18 AM

I just want to know what is the difference of demo account and live account? Is there any big difference between the two? Thanks

Posted by: akbar ali Dec 14, 2013, 08:03 PM

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.

Posted by: M YAKUB CHOWDUY Jan 24, 2014, 02:24 PM

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.

Posted by: M YAKUB CHOWDUY Jan 25, 2014, 10:54 AM

demo is for learning and live is for real,demo profit not withdraw-able,but live is withdraw-able.

Posted by: kashif shah Feb 8, 2014, 11:59 PM

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

Posted by: Muhammad Asim Feb 13, 2014, 08:59 PM

QUOTE (Zara @ Sep 25 2012, 06:18 AM) *
I just want to know what is the difference of demo account and live account? Is there any big difference between the two? Thanks


There is no difference between demo and live account related to pips ups and downs, spread, market rates, opening closing timing etc.
There is just is just a difference that the demo account is not real you can use it but not payout from it. But in real account you can also money in and out.

smile.gif

Thanks
Asim

Posted by: faheem Feb 24, 2014, 08:25 AM

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.

Posted by: wasim shahzad Mar 8, 2014, 01:02 PM

QUOTE (Zara @ Sep 25 2012, 10:18 AM) *
I just want to know what is the difference of demo account and live account? Is there any big difference between the two? Thanks

yes it is easy an so simple the demo account is learning and the live account is for earning in demo account you can not withdraw demo balance but in live account you can withdraw your balance any where from any live account

Posted by: LordPirami Jan 25, 2016, 11:06 AM

QUOTE (Zara @ Sep 25 2012, 05:18 AM) *
I just want to know what is the difference of demo account and live account? Is there any big difference between the two? Thanks


Yes there is. In demo account, you can open a trade without thinking of any risks because you will only use virtual money. Unlike in live account, we use real money and will face real high risks

Posted by: Didin Surya Fatoni Jan 26, 2016, 07:59 PM

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.

Posted by: LordPirami Jan 27, 2016, 09:09 AM

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

Posted by: pennyalgarin Mar 5, 2016, 02:53 PM

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.

Posted by: matthenderson Mar 9, 2016, 09:05 AM

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.

Posted by: arbtrader Apr 28, 2016, 07:22 AM

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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