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It was popular in the past for brokers to offer a no deposit bonus in order for traders to sign up and practice trading on their platform. More recently some brokers offer a Free No Deposit Demo account.

The demo account allows traders to test the platform for a longer period of time as the practice funds are much greater than the free bonuses that used to be offered. In this way traders get a much better understanding of how to trade and to familiarize themselves with the platform.

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