In brokerage operation, It is important to distinguish between Live and Demo accounts. Distinguishing between Live and Demo accounts helps brokers test trading strategies, manage market liquidity, optimize platform performance, and meet compliance requirements. Demo accounts help cultivate users, while Live accounts bring real trading and revenue. The combination of both enhances the user experience.
Bearing this in mind, we dd a new feature that enables efficient management and clear display of Live and Demo trading accounts in just two steps (see display example in the figure below), thereby improving users’ trust in the platform and simplifying account management.
Step 1: Set up Domain Groups for Demo and Live accounts
(1) Click Account → Domain → Create Domain.(2) Fill in the related information of the Domain group, specifying whether it is a Live or Demo group.
Step 2: Create Demo or Live trading accounts
We recommend creating Demo and Live accounts under separate groups to facilitate statistics and operational management.
(1) Create a Live account:
In Edit Account → Login Info, leave the Demo option unselect to create a Live account
(2) Create a Demo account:
In Edit Account → Login Info, select the Demo option to create a Demo account
If you would like to enable this feature,
Please contact your account manager or email [email protected] to activate backend configuration for the Live and Demo account labels.