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NextTrade

Platforms

Demo account

A demo account is a practice account that uses virtual funds and live-like prices. It shows how the platform and orders work without risking money, but fills, slippage and emotions can differ from live trading.

Also called: practice account, paper trading, demo, virtual account

Hypothetical example

Hypothetically, a trader practises placing a stop loss and a take profit on a NextTrade demo account, which comes with $10,000 of virtual funds, before trading a live account.

Related terms

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