What is a Demo Account?

A demo account is a “simulated” trading account that allows users to practise in the financial markets without using actual money. It generally uses virtual funds and replicates market prices or trading conditions. 

Thus, a demo trading account (without real money) does not involve actual capital being invested in the market. However, simulated results may differ from live trading due to factors such as execution, bid-ask spreads, availability of liquidity, and emotional decision-making.

Open Your Free Demo Trading Account in India

A free demo account can be used to learn about order types, test a trading strategy, or become familiar with charts, positions, and profit-and-loss calculations. Trade246 offers a free demo account to all its registered users. Register for free and start practicing.