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What is the difference between Demo and Live Trading?

April 26, 2017demo live trading

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What is the difference between Demo and Live Trading?

2 Answers

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Demo trading is a great place to acquire practice placing orders and to get acquainted to the speed and reactions of the market. You should only start to trade on the Live platform when you feel completely comfortable managing your money in the demo account. The main benefit of a demo account is that you can make mistakes on it without costing you real money.

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There is no difference except for the fact that a demo account uses fictitious money and the live account uses real money.