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Platforms

Live account

A live account is a trading account funded with real money, so gains and losses are real. At NextTrade, the minimum first deposit is $25 on a Standard account, $100 on Raw and $10,000 on VIP.

Also called: real account, real-money account, funded account

Hypothetical example

Hypothetically, a trader who practised on a demo account opens a live account and deposits $500. A 0.1-lot trade that loses 30 pips now costs $30 of real money.

Used in these guides

Platforms8 min read
Demo account: practise trading with virtual funds
A demo account lets you learn a platform and practise orders with virtual funds before you decide whether to trade with real money.

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