What are the differences between DEMO and LIVE

Hi. I prefer the forex.com brokerage firm because i just do… and I just wanted to know what is the difference between a LIVE account and a DEMO. I mean i know the demo is fake and live is real but like I hear that there is a phycological barrier with the live but is that it?

Thanks guys!

Trading full lots and beginning a trade -25 to -70$ (gbpchf) is tough itself. Not getting a good entry and wondering if your -100 will go positive or sink you 2 to 3 more is downright unbearable. That’s why developing your own system is important.

Removing the emotion.“Oh I’ve seen this before.” It’s not fun if you’re guessing