There is an option to open a Live/Real trading account on MT5 trading platform by selecting certain Forex brokers names though, you cannot open a Live/Real MT5 trading account directly on the platform.

In order to open a Live/Real MT5 account, you need to follow the certain steps provided from your Forex broker, and also read and agree to the terms & conditions provided.

After completing the application, your Forex broker will assess your application and may open the account.

On MT5 trading platform, you can only open Demo trading accounts.

And there is no limitations to the number of Demo accounts and the selection of Forex brokers in terms of opening Demo MT5 account on the platform.

List of MT4 and MT5 Brokers

Difference of Demo and Live accounts

Please note that there are differences between Demo and Live MT5 trading accounts in terms of “Market Liquidity”.

Thus you cannot compare the trading result of a Demo account to a Live account, as you may not see the same result in them after all.

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