FirsTrade - Paper trading, also known as simulated trading or virtual trading, is a way to practice trading in financial instruments without using real money. It allows you to test out your trading strategies and develop your skills in a risk-free environment.

FirsTrade - Paper trading is often used by beginner investors or traders who want to learn how to trade without risking their own capital. It can also be useful for experienced traders who want to test out new strategies or ideas before implementing them with real money.