gds221 Posted July 14, 2021 Share Posted July 14, 2021 These are two completely different accounts, and this is important to understand. It should be understood that this is what is important to understand if a trader wants to get positive results of work. Quote Link to comment Share on other sites More sharing options...
Günter Posted August 2, 2021 Share Posted August 2, 2021 The demo account is used to build strategy and skill without involving any real capital, and it is risk-free. It can also be used to check the brokers trading performance. The real account involved real capital and risk. Traders use the real account to make profits with practiced skills and strategy. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted August 3, 2021 Share Posted August 3, 2021 A demo account is not alwaysa good indicator of the broker's performance, unfortunately. More often than not the demo account performs much better in terms of server connectivity and requoting than the real account. Quote Link to comment Share on other sites More sharing options...
Guerrero Posted August 5, 2021 Share Posted August 5, 2021 The demo account is a useful tool in forex for beginners to learn about their brokers trading conditions and build skills because of its risk-free trading system, which is why even experienced traders use it to try new strategies. The Real account requires good skills, risk-taking and real capital to trade live, and if successful, the profit earned is more than the invested capital. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted August 5, 2021 Share Posted August 5, 2021 It certainly is a useful tool and should be used generously, especially by newbies. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted August 12, 2021 Share Posted August 12, 2021 On DEMO accounts: 1. Liquidity is limitless and 2. Executions are instant, so DEMO orders get decent (i.e. reasonably good) fills even during new spikes (i.e. just some minor slippage). On the other hand on REAL account executions can slip easily during major news DUE TO: 1. LACK OF LIQUIDITY and also due to 2. BROKER SERVER OVERLOAD causing significant EXECUTON TIME DELAYS. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted August 12, 2021 Share Posted August 12, 2021 Indeed. Most people think execution on a live account would be as fast and efficient as it is on demo, and then they get a rude awakening. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted August 16, 2021 Share Posted August 16, 2021 On 8/13/2021 at 4:18 AM, e_abrams said: Indeed. Most people think execution on a live account would be as fast and efficient as it is on demo, and then they get a rude awakening. We can easily make income from trading in the Forex markets if we have the Correct Trading Strategy. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 26, 2021 Share Posted October 26, 2021 These are two completely different modes, which are not even worth comparing. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted October 27, 2021 Share Posted October 27, 2021 On 10/26/2021 at 7:04 PM, Vaabum said: These are two completely different modes, which are not even worth comparing. We will need to learn doing our trades with the help of the Demo Trading accounts. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 28, 2021 Share Posted October 28, 2021 Comparing these two accounts is not entirely correct. It should be understood that a demo account is used for training at all, and a real account is for completely different purposes. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted April 15, 2022 Share Posted April 15, 2022 Trading with real money tends to help us learn faster than using a demo account to learn. In spite of that, we should practice with demo accounts as beginners to avoid exposing our real capital to the risk of high losses. No one can argue the importance of using a demo account before entering the real market... In terms of regulation and how to use, there is no difference between the two... There is only one difference between fake money and real money. The difference is in the way you trade. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 15, 2022 Share Posted April 15, 2022 These two accounts are completely different. It is important to understand that it is important to start with a demo account. Starting with a broker from ExpertOption, I started with a demo account. Quote Link to comment Share on other sites More sharing options...
Francisco Posted April 20, 2022 Share Posted April 20, 2022 A demo account is a free tool offered by many brokers. It is risk free with no real money involved in it and can be used to develop new skills and strategies. The real account is risky, and traders can become successful only if they trade with good strategy and skills. It consists of higher or lower profit and losses. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 20, 2022 Share Posted April 20, 2022 It is important to understand that these accounts are completely different. At least for training, I used the demo account of the ExpertOption broker. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted May 2, 2022 Share Posted May 2, 2022 On 4/20/2022 at 7:30 PM, Vaabum said: It is important to understand that these accounts are completely different. At least for training, I used the demo account of the ExpertOption broker. I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 2, 2022 Share Posted May 2, 2022 I think that the conclusion here is quite understandable and does not require explanation. Demo account - for learning, real - for work. When I started working with a broker from ExpertOption, I did it in a similar way. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted May 2, 2022 Share Posted May 2, 2022 2 hours ago, Vaabum said: I think that the conclusion here is quite understandable and does not require explanation. Demo account - for learning, real - for work. When I started working with a broker from ExpertOption, I did it in a similar way. I have been doing my Forex trading from the last 10 Years with the International and Reputed Forex Broker FXOpen Markets They are a True ECN Forex Brokers. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 4, 2022 Share Posted May 4, 2022 Both of these accounts have a clear meaning. Looking for a wound in this case is not entirely correct Quote Link to comment Share on other sites More sharing options...
Upoctin Posted May 9, 2022 Share Posted May 9, 2022 There are no real repercussions and no emotional commitment. As a result, there is no danger in demo trading. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 9, 2022 Share Posted May 9, 2022 It is important to understand that you need to use a demo account for training. At least, when I started working with a broker from ExpertOption, I was trained on a demo account. Quote Link to comment Share on other sites More sharing options...
James Mcgrant Posted August 4, 2022 Share Posted August 4, 2022 The demo account has no real risk or money involved in it, so traders have no emotions attached that can have an effect during trading. The demo account is mostly used for practice to develop skills and strategies. While live trading accounts involve real risk and capital, this can have an impact on traders' emotions during live trading. Live trading brings in real profits or loss and demo trading brings in fake profits or losses. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted August 4, 2022 Share Posted August 4, 2022 It is important to understand that these two accounts are completely different from each other. The demo is more for learning, the real one, of course, is for getting results. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 27, 2022 Share Posted November 27, 2022 On 8/4/2022 at 7:05 PM, Vaabum said: It is important to understand that these two accounts are completely different from each other. The demo is more for learning, the real one, of course, is for getting results. We can learn trading in the Demo based trading accounts easily. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.