Is there a difference between demo accounts and real accounts?

by Fritz
(brainyforex.com )

A question that every short term forex trader needs to know. When I practice on my demo account provided by my forex broker, is this demo or practice account the same as a real account?

Comments for Is there a difference between demo accounts and real accounts?

Click here to add your own comments

Jan 18, 2011
 Thinkforex broker is different
by: Fritz

I was talking to staff at www.thinkforex.com and they advise that their demo account setup is different to that of other forex brokers. As they are STP/ECN brokers their demo account trading is the same what you get for the real money account. They said that "everything" is the same for demo and real accounts.

This is an excerpt from their frequently asked questions page;

Q: Is there any difference between the demo account and live account?

A: There is no difference in our demo account and our live account. You can expect the same spreads, speed and execution when trading live.
Feb 09, 2010
 Yes, there is a difference with nearly ALL brokers
by: broker support

At fxcm, the data feeds are the same for both demo and real accounts, however order executions or fills are different.

Real account orders need to match buyer and seller for the transaction, whereby demo accounts do not have this limitation and can be executed at the exact price each and every time.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Questions About Forex Brokers.

Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.