A demo account is a great way to safely familiarize yourself with the Forex market. It allows you to study the market without risks, trading in accordance with real market conditions. In addition, a demo account can be used to learn the capabilities of MT4, MT5 and Swifty Trader platforms and prevent user errors on real accounts.
Traders with experience can also use demo accounts to test various trading strategies. Therefore, the situation when a real account holder has several demo accounts is common.