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A demo account provides you with a risk-free way of testing your trading strategies in a simulated environment using virtual funds. A real account, on the other hand, provides you with access to live markets, where you trade using your own funds.
Although a demo account includes all the same features and functionality as a real account, keep in mind that trading in a simulated environment is different to trading under real market conditions, mainly because of the psychology involved. Remember this when evaluating your performance on your demo account.
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