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What is the difference between a demo and a real account?

April 26, 2017account demo difference

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What is the difference between a demo and a real account?

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The demo account is ideal and also recommended for beginner traders, who are just about to learn the basics of FOREX. Traders conduct operations with virtual money, so there is no risk involved. Demo accounts have exactly the same features as real ones. Real accounts are designed for advanced/professional traders/investors: depositing and trading are conducted with real funds. For opening a demo account, the conditions are the same as for a real account (order, execution technology, quotes, working with orders).