
May 04, 2026 · 11 min
What is a demo account? Paper trading, explained
Demo account, paper trading, trading simulator — same product, three labels. What they actually are, what they teach you, and the four ways every demo lies.
arthur

Demo account, paper trading, trading simulator — same product, three labels. What they actually are, what they teach you, and the four ways every demo lies.

A structured 30-day plan for using a trading demo account the way it was meant to be used — observation first, journal second, paper trades last. The exact week-by-week cadence we run with Tradoki cohorts, and why rushing the demo phase is the single most common mistake.