The only difference between two of them are there are no real money in demo account and it is specially design for trader who want to learn about forex trading and want to make some good profit.

Demo trading is good for doing practice and grabbing such good experience and knowledge which is the key of success in any business even in forex trading.

Demo trads are a lot of diff from real once because in demo its not your money so you set a position without thinking much and in real you dont do so and you loose.

Originally posted by bharat23

Demo trading is good for doing practice and grabbing such good experience and knowledge which is the key of success in any business even in forex trading.

everyone is different. may be for some  beginner trader demo trading is the best  account for learning a strategy, but for some other beginner trader it may not be really good because it will give no effect for their feeling/mental. so i think cent/mini account (real account) is better for beginner trader who think that they are not suitable in learning strategy in demo account