Docs   »   Getting Started   »  What is the difference between the demo and live account?
published-date Published: April 6, 2023
update-date Last Update: March 13, 2024

What is the difference between the demo and live account?

All users at TradeLocker have the option to utilize a demo (practice) trading account in addition to their live (real-money) trading account.

To get access to TradeLocker, you need to register with a broker/prop firm that will give you credentials for your TradeLocker account. Keep in mind that TradeLocker is not a broker/prop firm, but a trading platform. You can learn the difference between them here.

TradeLocker Demo Account

At the moment, the only way to open a demo account is through your broker/prop firm. Here’s how.

Demo account benefits

  • Practice: Familiarize yourself with the platform’s key features and main trading terms.
  • Test: Experiment with trading using a test balance, no real loss if trades fail.
  • Explore and learn: Discover markets and different assets, and adapt your trading style without risk.

❗️You cannot withdraw money from a demo account. If your trades are profitable, think about upgrading to a live account for deposits and withdrawals. In case you have any questions about deposits and withdrawals, please reach out to your broker.

TradeLocker Live Account

When you feel ready to start trading with real money, make profitable trades, and withdraw your earnings, you can reach out to your broker and request access to the live trading account.

Live account benefits

  • Profit: Trade with real money and earn profits from your trades.
  • Experience: Face true market conditions, including volatility and economic effects.
  • Flexibility: Switch between demo and live and open multiple live accounts.

❗️When you upgrade your account to live, you’ll still be able to switch back to the demo account. Here’s how.


Help us build the perfect trading platform that prioritizes your needs and preferences. Join our Discord community to meet the TradeLocker team and other traders, discuss upcoming features, and chat with us directly.

Unlock Potential. Lock in profits.