- A Demo Trading Account lets you practice in a risk-free environment using virtual funds. You simulate real market conditions (live prices, indicators, and tools) to refine strategies and gain confidence without risking real money. It’s ideal for learning market dynamics and developing your trading style before moving to live trading.
- A Live Trading Account involves trading with real capital, where every trade directly impacts your financial outcome. You experience actual market conditions (real prices, execution speeds, and fluctuations), and any profits or losses are real. This account lets you fully engage with the markets, embracing both the opportunities and responsibilities of trading with real money.
Key Differences
| Type of Trading Account | Demo | Live |
| Purpose | Practice | Real Trading |
| Money Involved | Virtual Money | Real Money |
| Market Conditions | Simulated market conditions | Real Market Conditions |
| Active Period | Simulated market conditions: Auto-archiving Trading Account in MT4/5 | Please refer to this article: Auto-archiving Trading Account in MT4/5 |
| Withdrawals | Profits can’t be withdrawals | Profits can be withdrawals |