demo account
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A demo account is a practice version of a trading or investment platform that uses simulated money instead of real funds.
Brokers and financial services offer demo accounts so users can learn the interface and test strategies without risking actual capital: I practiced on a demo account for three months before trading with real money.
Also called a paper trading account.
- practiceRepeated work toward mastery
- practice modeConsequence-free learning environment
- simulationImitation of real processes
- paper tradingSimulated market transactions
- trialJudicial examination of claims
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