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How to find out if a statement is of Live account or Demo Account

  • Post #1
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  • First Post: Sep 10, 2011 5:54am Sep 10, 2011 5:54am
  •  kkashni
  • | Joined Sep 2010 | Status: Member | 14 Posts
HI.

I need one piece of information. Is there any way to find out if the statement generated and sent by a MT4 is of demo account or real account.

What is the basic difference and how can one differentiate a Live account statement from a Demo Account. The basic reason why I am interested in this information, is due to the fact in so many websites in support of performance of their trading signals or trading strategies, many statements are posted or links to the statements are given on the websites. But I do not know how to differentiate, if the statement that is shown is of Live Account or Demo Account. Any help would be deeply appreciated.

Is there any option to find out ??


Thanks in advance
  • Post #2
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  • Sep 10, 2011 1:17pm Sep 10, 2011 1:17pm
  •  esquire
  • | Joined Apr 2011 | Status: Member | 77 Posts
Best way (and only as far as i know) is to look at the deposits/widraws. Widraws often means it's a live account (although not always), as it doesnt really makes sense to widraw demo cash. And sometimes deposits has some comment about demo money.
 
 
  • Post #3
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  • Sep 10, 2011 3:25pm Sep 10, 2011 3:25pm
  •  The Fool
  • Joined Apr 2009 | Status: Live and learn. | 20,389 Posts
How about financial statements audited by an independent accounting firm - and a national firm, not Bernie Madoff's tennis buddy with an office in a strip mall. And if they don't have that, then who cares, anyway?
"If The Fool persists in his Folly he will become wise." - William Blake
 
 
  • Post #4
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  • Sep 11, 2011 1:46pm Sep 11, 2011 1:46pm
  •  CockeyedCowboy
  • Joined Apr 2006 | Status: Trader Keit | 286 Posts
when money is the object do not consider any published statments on the net. Its too easy to doctor them to show anything. There is nothing short of doing a complete research on the company and if they do not answer any of your conserns let it go.

My dad use to say "I more like to lose a good deal, then a good deal of money"

Keit



Quoting kkashni
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HI.

I need one piece of information. Is there any way to find out if the statement generated and sent by a MT4 is of demo account or real account.

What is the basic difference and how can one differentiate a Live account statement from a Demo Account. The basic reason why I am interested in this information, is due to the fact in so many websites in support of performance of their trading signals or trading strategies, many statements are posted or links to the statements are given on the websites. But I do not know how to differentiate, if...
Ignored
Trader Keit ... Methods Of A Dirt Road Mad Man....
 
 
  • Post #5
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  • Last Post: Feb 27, 2013 9:14am Feb 27, 2013 9:14am
  •  Alex2222
  • | Commercial Member | Joined Nov 2012 | 259 Posts
http://pcmbrokers.org/pcmfileupload/...1972868531.gif


 
 
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