my first question

I have been researching a few Forex Robot software options and a few of them have different levels of pricing for "real" accounts.

What is a "real" account and whats the option of multiple "real" accounts ?

thank you soooo much in advance

Comments for
my first question

Average Rating starstarstarstarstar

Click here to add your own comments

Feb 12, 2012
Rating
starstarstarstarstar
Good question
by: Luke from Forex Trading Rookie

If I'm understanding your question right it seems like you're referring to Forex software that makes you pay for access to the program that trades on a live account and allows you to trade the software for free or for a discount on a demo account.

If so, there are two different types of accounts you can open with a Forex broker. Learn about a demo account here. Demo accounts let you practice trading with fake money. You can't win any real money with this type of account, but you can see if your strategy works.

A "real" account or live account is one that you are trading real money with. You deposit money, place your trades and can win or lose money. Some Forex software sellers allow you to try out their system for free or for next to nothing on demo so that you can see how it works. Then when you want to really make money with the software, you have to pay to get access. I hope this is what you were looking for and that it helped. If not, don't hesitate to ask further questions to get the answer you were looking for. Thanks for stopping by.

Click here to add your own comments

Join in and write your own page! It's easy to do. How?
Simply click here to return to Ask Any Forex-Related Questions