A demo account is a virtual account for trading on the forex or stock market. All transactions are carried out with virtual money, but the quotes and trading process are the same as on the real market.

Trading on a demo account is a great way to practice and hone your skills for both beginners and experienced traders. You can safely test a strategy, check a theory about the market, and simply get your hand in making trades without risking your own money.

This way, traders can make trades and evaluate the effectiveness of their methods without the risk of real investments. This is a great way for beginners to get acquainted with the market and gain experience before investing real funds. Experienced traders can also use it to test new strategies or evaluate the effectiveness of a strategy over a certain period of time.

Advantages of a demo account:

• No risk. You are not exposed to the risk of losses, even if you make the wrong decisions.
• Analysis of mistakes. Working with a demo account helps to identify all the weaknesses in your market analysis, decision-making, and trading strategy.
• No stress. In real trading, emotions of fear and greed often arise, which prevents you from objectively assessing the situation and effectively managing risks. When using a demo account, emotions do not affect the process, and the trader can concentrate on the strategy.
• Practice. Beginners can develop skills at all stages of trading - from preparation to recording the results. Working with a demo account allows you to study the trading software without the risk of serious mistakes.
• Strengthening confidence. Making difficult decisions with virtual profits helps beginners strengthen their confidence that they will be able to act just as successfully in real trading.

 We wish you successful trading with ArtСap !