Demo account: Though demo accounts attempt to replicate
real markets, they
operate in a simulated market environment and as such, there are key differences that
distinguish them from real accounts including but not limited to lack of dependence on
real-time market liquidity, leverage from those of live accounts etc. Likewise,operational
capabilities when executing orders in a demo environment may be different from a live
environment - expedited transactions, lack of rejected orders; and/or the absence of
slippage.