Online paper trading is also known as trading simulation. Here you are involved in live trading on actual exchange markets but instead of using real currency you use paper credits. These are like tokens and are used as a substitute of real money (thought they don’t hold the same value). The basic idea is to give an investor a first hand experience of what it would be like trading in actual market scenario. The investor does not face any real loss or gains as this is just simulation. Many online brokers provide demo account to its customers in order to engage in this simulation process.
online stock paper trading
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