Paper Trading App
1 post
Aug 10, 2023
1:23 AM
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A "Demo Trading Account" is a simulated or virtual trading platform offered by financial institutions, brokerage firms, or trading platforms to provide individuals with a risk-free environment to practice and learn about trading financial instruments, such as stocks, currencies, commodities, and cryptocurrencies. This type of account is often used by beginners, experienced traders, and investors to gain familiarity with the mechanics of trading, test trading strategies, and build confidence before engaging in actual live trading with real money.
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