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What’s the difference between a Practice/Demo Account and a Live Account?

April 26, 2017account demo live Practice

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What’s the difference between a Practice/Demo Account and a Live Account?

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Demo and Live trading accounts are the same, except that in Demo accounts, you are not trading any real capital. Therefore, you may practice trading risk-free and test various trading strategies with the powerful VT Trader software before trading with real currency. In Demo Account trading, orders are automatically confirmed but in Live Account trading, all orders are handled by our Auto Dealer System or dealing desk. Unlike in Demo Account trading, should the price change during the process of opening a new position, the Live Account trader will receive a new price and will be asked to confirm the price or cancel the order. Additionally, Live accounts are connected to dedicated and more robust servers, separate from the ones used by Demo Accounts. Dow Jones News is available exclusively to Live accounts.