What is the importance of demo account?

Demo is a practice ground to define in one word helpful for skill development. A trading account that allows an investor to review and test the features of a trading platform before funding the account or placing trades. A demo account is typically "funded" with simulated money, which allows the investor to conduct fictitious trades in order to become familiar with the ins and outs of the platform. I judged Trade12 broker through their demo account and currently having all necessary facilities which are quite friendly for scalping and hedging.