A demo account reproduces the trading platform with simulated funds and, in most cases, prices streamed from the live market. It is the standard environment for learning the software and for testing whether a rule can be followed at all. Demo execution is usually more forgiving than live: fills are instant, spreads ideal and there is no real money involved, which is why results obtained there should be treated as hypothetical.
Forex glossary
Demo Account
Related term
Forward Testing
Forward testing applies a rule set to market data that arrives after the test period, usually by running it on a demo account in live conditions. It exposes pro…
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