Demo vs Live dispute

A dispute that can never end. In my opinion, use a demo account to get familiar with the trading platform and build trading strategies. On the other hand, use a micro account when you are ready to take a risk.
 
Demo is intended for practising trade, we must not forget that we learn through practice. Through demo account, we learn about real account and through the knowledge gained on demo trading we make real money through live account.
 
Demo trading is purely for practice purposes. Imo, once you get acquainted with the trading system and have a tested strategy in hand, you should start trading in a live account with a low capital.
 
As a new trader I think live accounts allow you to trade with real funds, while demo accounts let you trade with risk-free start to practice your forex trading with virtual currency that has no actual value. The market conditions for demo accounts are identical to those for real accounts aside from that, demo can be used for testing out your strategies.
 
Scholias Hod said:
Demo trading is purely for practice purposes. Imo, once you get acquainted with the trading system and have a tested strategy in hand, you should start trading in a live account with a low capital.
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i agree, start trading on live with a micro/cent account so you don't need to risk alot of money can get you further than just practising on demo cause now you are trading with real money.
 
Demo accounts are important for both beginners to practise and create a trading and for experienced traders for backtesting it without losing their hard earned money. Live accounts involve actual money which no one wants to lose unnecessarily.
 
I don’t think there should be any kind of dispute between demo and live account. Both are integral for trading and should be used systematically for success in the long run. Demo accounts are for educational purposes and should be used before trading live.
 
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