What is the difference between a “demo” account and “real” account?
The demo-account is ideal for study purposes. Operating conditions on demo-accounts are identical to operating conditions on real accounts: techniques for fulfillment of transactions, the order of inquiry for quotations, parameters for conducting the open position are the same. The basic difference of a demo-account from the real is that making the transaction through a demo-account you receive the quotation which an automatic device has chosen from a current stream of quotations, some of which come with a certain time delay. With the real account you receive the market quotation from the dealer of the company. Accordingly, with real account you receive the price in 1-2 seconds, and in the demo account in 10-15 seconds (time of reception of the answer can increase – it depends on the quality of your liaison channel). Otherwise, the two systems are identical.