Any difference between Demo account and live account? - page 5

 

Demo accounts are seen as prerequisites to live accounts, as demo accounts arm you with the fundamental expertise you need to trade real accounts. Yet there is quite a deviation between real and demo accounts. Some of the differences are so of heavy consequences that a success in demo may struggle to replicate his exploits in real accounts. One of this is a forex broker may never requote a price to a demo account trader, but they might often requote live prices in actual practice.

 

In demo account you do not feel the real market and your money is not involve and so likely your emotion is not committed unlike in live account.

 

demo account with real account is very different but both of these accounts is very important and complementary. with a demo account to practice trading with us well so that we can trade on a real account with either. That way we can make a profit

 
forexhouse:

Hi All,

Mind to share your experience here, what the difference between Live and Demo account others that Live account we are trading using real money to place a trade where demo account we are using "fake". What i am tring to ask,is there any disadvantages when testing a EA using Demo account? Any information we may not get using the Demo account? Thanks

Can say demo ac without slippage reason in real account brokers sends orders levels to LP's and receives quote prices so it can delay in shape of slippage
 
It is as same as playing with fake cards and real money. DEMO account gives you the feeling of trading without any capital loss because you need not invest anything, it’s just to give you the feel of market. There are many reputed brokers who provide DEMO to their trading terminals and which more often convey prices near to REAL/LIVE terminals. On the other hand, there are many scams as well which provide DEMO that don’t come near to LIVE in any case.