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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
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