A balance of virtual money provided by a broker that allows a trader to practice entering pretend transactions and to test the broker's services. Most retail forex traders prefer to open a demo account with an online Forex Broker in order to see if the broker's Trading Platform, customer service, informational offerings and other features are to their liking before funding a trading account with the broker using real money.
Browse by Subjects
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):