Key differences between an MT4 demo and a live account
A demo account provides a risk-free environment for you to try out web trading platform MetaTrader 4. While much of the functionality of the live platform features in the demo, there are key differences to be aware of, including (but not limited to):
- Trades made through the your MT4 demo account will not be subject to slippage, interest and dividend adjustments, or out-of-hours price movements
- Trades may be rejected if you have insufficient demo funds to open them, but, unlike on a live account, will never be rejected on the grounds of size or price
- You will not be charged for chart packages on a demo account
- Trades will not be closed if you have insufficient funds to cover margin and running losses, which can happen on a live account
This is by no means an exhaustive list, and therefore before opening a live account we recommend you read the information available on our website as well as the Customer Agreement to ensure that you are aware of the features of a live account.