Lesson 7 of 82:452 Sources
Demo vs real account
Recorded. Publishing soon
Educational content, not investment advice. Nour explains how markets work. She never tells you what to buy or sell.
A demo account uses virtual money on the same platform with live-market prices, and costs you nothing.
- Use it to learn the platform (open, close, stop loss, take profit), feel position size, and test a written plan over enough trades.
- Limits: it doesn't teach emotions, and execution during big news can be easier than on a real account.
- Set the demo balance close to what you'll really deposit.
- A practical checkpoint: about 50 journaled trades with a written plan and a stop loss on every trade.
- Then go live small, with money you can afford to lose and the smallest position size.
Quick check
Three questions. Pick an answer to see why.
1.What is the most important thing a demo account cannot teach you?
2.You plan to start live with $1,000. What demo balance is best?
3.How should you start a real account?
Sources
Every fact in this lesson is backed by the sources below.
- 1.MetaQuotes – MetaTrader 5 Help: Open an accountDemo accounts use virtual money, have the same functionality as live accounts and need no investment
- 2.ESMA – Prohibition of binary options and restriction of CFDs (2018)Analyses found 74–89% of retail CFD accounts typically lose money; leverage limits 30:1–2:1; negative balance protection; standardised risk warning
Educational content, not investment advice. Risk warning: trading forex, CFDs, gold and crypto carries a high level of risk and may not be suitable for everyone. You can lose more than you put in. Souq Daily is an education platform. Nothing here is investment advice, a recommendation or an offer, and past performance does not predict future results.