Live Accounts vs. Demo Accounts
Updated 1 week Ago
After successfully registering an account in the Client Portal, please add a Live Account or Demo Account to begin trading.
| Comparison Dimension | Live Account | Demo Account |
|---|---|---|
| Type of Funds | – Trades are executed using real funds. – Funds originate from the client’s personal account. | – Trades use virtual funds, with no real financial risk. |
| Trading Environment | – Real market conditions with live price feeds. – Includes actual spreads, commissions, and market volatility. | – Simulated environment designed to closely replicate real market conditions, ideal for practice. |
| Trading Purpose | – Generate real profits and achieve capital growth. – Experience and respond to real market conditions. | – Practice trading skills and test strategies. – No financial risk involved. |
| Tradable Instruments | – Full range of financial products, including Forex, Precious Metals, Indices, Commodities, Equities, and Cryptocurrencies. | – Covers major trading instruments to simulate real trading scenarios. |
| Auto-Archiving Policy | – MT4 Accounts: Archived if inactive for 90 consecutive days and balance is below $10; cannot be restored. – MT5 Accounts: Archived if inactive for 90 consecutive days and balance is below $10. | – MT4 Accounts: Archived if inactive for 90 consecutive days; cannot be restored. – MT5 Accounts: Archived if inactive for 90 consecutive days; cannot be restored. |
| Account Reactivation | – MT5 accounts can be reactivated via the Client Portal. | – Cannot be reactivated once archived. |
| Target Users | – Experienced traders and professional investors. | – Beginners or traders who wish to test strategies. |
| Risk Management | – Involves real capital, requiring careful risk management. | – No financial risk, allowing traders to experiment freely. |
Additional Information
FP Markets offers two types of accounts to meet the needs of different traders.
- A Live Account is designed for traders whose goal is profit generation and long-term investment. By applying accurate market analysis and disciplined execution, traders can achieve real returns. Since live accounts involve real funds, traders are exposed to market volatility and potential losses, especially when using leverage, which requires careful risk management. With a professional trading environment and access to a wide range of financial instruments—such as Forex, precious metals, and indices—live accounts are an ideal choice for experienced investors.
- A Demo Account, on the other hand, is an ideal tool for beginners and experienced traders looking to refine their strategies. It operates using virtual funds and supports unlimited resets, allowing traders to experiment with different trading strategies and techniques without financial risk. Demo accounts also provide an efficient way to quickly become familiar with the FP Markets platform and trading mechanics, making them well-suited for practice and strategy testing.
Please note that you may hold up to ten Live Accounts and/or Demo Accounts simultaneously.
If you require further assistance, please click the chat icon in the bottom-right corner to contact our Customer Support team at any time.