1. Help Center
  2. Getting started

What is the difference between “Live” and “Demo” accounts

Explaining the difference between "Live" and "Demo" accounts.

Once you register at FlowBank you can choose between opening a “LIVE” or “DEMO” account. In essence, the DEMO account offers virtual €1,000,000 so you can practice your trading skills and try your strategies. The LIVE trading account allows you to  perform real-time trades.

Here’s how the two accounts are different:

Documents

List of documents required for an Individual Trader (LIVE)

List of documents required for a Corporate Trader (LIVE)

No documents needed to open a DEMO account. Simply sign up and set a password 

Market data

Real-time (LIVE)

Delayed by at least 30 minutes (DEMO)

Minimum funding

For a LIVE account you obviously need to transfer funds in order to trade. However,  there is no minimum amount technically speaking. 

Zero funding required. DEMO account offers virtual €1,000,000 to practice your trading skills

Monetary Profit / Loss

Borne by the trader (LIVE)

No profit/loss (DEMO)


If you run out of virtual funds on your Demo account, visit the Settings page in the client's area of my.flowbank.com and click on the Reset Demo Button.