Traders with professional accounts gain access to a wide
Trading demo accounts are particularly valuable for novice
Trading accounts can be categorized into professional accounts and demo accounts based on the trading needs and market experience of investors. Professional accounts are designed for experienced traders, offering faster execution speeds, deeper market liquidity, and more flexible trading conditions to facilitate the implementation of efficient strategies. Demo accounts, on the other hand, allow investors to test trading strategies, familiarize themselves with market fluctuations, and enhance their trading skills in a risk-free environment. Each trading account is assigned a unique identification number by the broker or financial institution, which is used for all transactions, fund settlements, and customer support related to that account, ensuring security and transparency.