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Differences between demo and real accounts

Forex demo and real accounts are used for different purposes and have several key differences.

A forex demo account is a practice account that allows traders to test their trading strategies in a simulated environment. It uses virtual money, so traders can make trades without risking any real money. Demo accounts are often offered by online forex brokers as a way for traders to familiarize themselves with the trading platform and to test their strategies without risking any real money.

On the other hand, a forex real account is a live trading account where traders use real money to make trades. The profit or loss in real account is real, and traders can withdraw the profit or deposit more money. The emotions and pressure are also real in real account trading.

In summary, a forex demo account is a tool for learning and testing, while a forex real account is used for live trading with real money.

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