What is the difference between a Live Account and Demo Account?

26/06/2026 05:13:38


A Demo Account allows you to practice trading using virtual funds with no financial risk, making it ideal for learning how to use the platform and testing strategies. In contrast, a Live Account uses real funds, where profits and losses are reflected in your balance and trading conditions mirror real market liquidity, volatility, and costs such as spreads and commissions. Live accounts also require identity verification before trading, while demo accounts can typically be created and reset freely.