Demo account vs. Live account
Both the live account and the demo account use the same operating system. But in the demo account, there is no need to invest any capital. This is for learning about forex before investing in the market. On the other hand, a live account needs investment, and it is like a real account where profit and loss are genuine. A demo account is just for beginners. When a trader becomes professional, he can operate a live account. A demo account is a risk-free account. On the other hand, a live account is full of risk. As a newbie, I opened a demo account at TP Global FX to learn the basics of forex. After getting all the knowledge, I moved to their live account. Now, with their help, I make a profit consistently.