Demo Account

Definition

A demo account is a simulated trading account funded with virtual money, allowing traders to practice without financial risk. It uses real-time market data and replicates live trading conditions. Ideal for testing strategies, learning platforms, and evaluating Expert Advisors before live trading.

Related Terms

Forward Testing

More Platform & Tools Terms

Expert Advisor (EA)MetaTrader 4 (MT4)MetaTrader 5 (MT5)MQL (MetaQuotes Language)Backtesting Strategy Tester Forward Testing VPS (Virtual Private Server)Forex Indicator Script (MetaTrader)