What are demo accounts used for?

Demo accounts are typically used in the following cases:

1. If you are a beginner seeking to learn the basics of trading on financial markets without risking your own money.
2. When you want to evaluate the trading conditions offered by the company before opening a real account.
3. To test new trading strategies or Expert Advisors (EA).

Once you have gained confidence and completed the necessary preparations on a Demo account, you can transition to trading on a real account.

Demo account types:
Demo Pro accounts are equivalent to real Pro accounts.
Demo ECN accounts have the same maximum leverage and Stop Out level as real ECN accounts, but the commission on demo ECN accounts matches that of real Prime accounts.
Demo accounts for the R StocksTrader platform.