Are Demo accounts representative of what trading a live account would be like in terms of execution? I'm starting my sixth month of demo trading getting ready to open a real account next month if I do well this month. The FX Demo accounts seem far better than any demo account I ever looked at for equities. Most of them, when you enter an order, it is filled regardless of the price action or volume behind it. The FXCM demo account I'm using at least requires the price action to reach your price entry / target to trigger before registering the trade. While I have done very well, I worry that I might have a false sense of security about my skills. This being due to not only am I trading fake money which is never the same but maybe also because the demo accounts behave significantly different than a live account. I understand that the mindset of trading real money is different than trading fake money. I've been there with stocks so that's not really what I'm looking for here. I specifically want to know about the platforms and any common things to be aware of regardless of broker. If my trading strategies work on a demo account, are there any reasons they shouldn't work on a live account? (Provided I control the emotional aspect.) One concern is being able to execute a trade at the price and volume requested. I've read that the FX is very liquid and that it shouldn't be a problem. I wonder if that is true in non-peak hours for a particular currency. Do the brokers play games with a live account you wouldn't necessarily see with a demo account? Trading style: I'm not a scalper. I probably average about 3-6 round trips per month now. There are times I've held a trade for less than half an hour but often it tends to be a 5 to 8 hour trade.