What is a Currency Demo Account?
A Currency demo account is also referred to as ‘Paper Trading Account’ which is used for practicing trading or to test a new trading strategy without any risk to actual money. A Currency demo account also serves the purpose of enabling people who are complete beginners to Currency to get familiar with the various aspects of trading. The demo account can kickstart the process of getting familiar with the trading platform: understanding how to place orders, managing existing trade positions as well as more advanced functions such as testing or fine tuning a trading strategy. If you are new to trading, then it is highly recommended that you first get yourself acquainted with a Currency demo account until you are comfortable with both your trading strategy as well as the trading platform itself.
Benefits of a Currency Demo Account
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