Forex Trading Records for Demo and Live Accounts

Forex records should separate learning evidence from money evidence. Demo journals help you learn. Live-account records, if you ever trade live, need deposit proof, broker identity, statements, withdrawals, and risk notes.

Why this matters

Trading screenshots are not a record system. If money is involved, you need a broker trail, deposit and withdrawal evidence, platform statements, and notes that separate profit/loss from education, signal fees, or course costs.

Use this when

• You are practising on MT5 demo and want evidence before risking money.
• You are checking a broker, signal provider, funded challenge, or copy trading offer.
• You need cleaner notes before speaking to a professional about tax or financial questions.

Fields to keep

• Broker legal entity and account type
• Demo account number, strategy tested, and journal link
• Live deposit and withdrawal proof if any
• Monthly account statement, trades, fees, swaps, and balance changes
• Signal, course, copy trading, VPS, or EA costs
• Questions for a regulated professional or tax practitioner

Monthly workflow

1. Keep demo journals separate from live-money records.
2. Save account statements and broker emails monthly.
3. Record deposits and withdrawals, not only trade screenshots.
4. Log signal, course, software, and VPS costs separately.
5. Stop and get professional guidance when record questions become financial, tax, or regulatory questions.

Warning signs

• You have profit screenshots but no broker statements.
• You cannot separate demo results from live results.
• Someone asks you to trade, copy, or deposit before you can verify the provider.

Important note

This guide is for practical record keeping and admin planning. It is not tax, legal, accounting, investment, employment, or trading advice. Check official SARS guidance or speak to a qualified professional for decisions about your actual situation.