A demo account is a practice environment that uses virtual funds to simulate real market conditions. It allows you to test strategies and get familiar with the platform without risking any actual capital.

While demo accounts mimic real-life trading, they do not account for emotional pressure or real-market slippage—the difference between your expected price and the actual execution price.

Most regulated brokerages require traders to be at least 18 years old.

A stop-loss is an automated order that sells your asset once it reaches a certain price to limit your potential losses on a trade.

Going “long” means buying an asset because you expect the price to rise. Going “short” involves selling an asset (often borrowed) with the expectation that the price will fall, allowing you to buy it back later at a lower price.