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The demo account platform allows you to take the broker of your choice out for a test ride, seeing all that they have to feature, but without yet risking your money. Of course, you cannot profit either, but thats part of the tradeoff of having this practice tool. If youre new to binary options trading, the importance of using a demo account before you risk real money cannot be overstated.
Its also a good way to help you transition to a new broker or test out a new strategy, reducing the likelihood of errors in the future.