In Forex, what is the main different between demo account and live account?

Is it true we also can monetize from opening a demo account? I only want to open a demo account, so can I profit from it?

Demo account lets you practise trading technique and strategy without risking money. No you cannot profit from a demo account. $50,000 or $100,000 in virtual money from a demo account is worth $0 in the real world. I suggest you risk some of your own cash and capitalise from the opportunities in forex trading.

demo account only for review what is inside the real one.but you cannot make profit in demo account.only when you open a real account you can earn big profti.as what i do now.earn USD2000 per day but it is not guaranteed.but this amount is average.
if you really want to play forex,let me know i'll teach you how to max profit and min loss.

regard
citysfan_tour04@yahoo.co.uk

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There is no way to monetize from opening demo account. Demo accounts serve only as indicators to show you if you are able to make profit with forex, or not.

Also be careful as some trading platforms often "modify" demo accounts to trick you into believing that you are actually able to make money, but when you start trading with real money it often goes other way.

The best advice is to visit a lot of forex trading websites, forums, constantly ask questions, learn as much as you can and develope your own best strategy.

This is a good website that provides a lot of free information and resources:

http://www.forex-trading-secrets.net/

Hope this helps!

Best regards,

demo account will not give you real money but it will prepare you for the real thing once you do the actual trading. register in this site to get a free forex ebook and also a free demo account. you need to read and study a lot if you want to trade forex.