Practice accounts enable you to trade shares without using real money and are an excellent way of getting to grips with the stock market without and financial risk. Practice accounts are
free to set up. The concept of investing without using real money is called paper trading. Everyone should be consistently successful at making money using practice accounts before using real money.
When opening a practice account online, you will receive a free stock
portfolio and a free stock
watchlist. You will be able to buy and sell shares with 15 minute delayed data and see profits/losses you make on each stock and on your overall portfolio.
Example (portfolio on ADVFN.com)
Opening a practice accounts is a great practical way to learn about the stock and how it works.
See a list of recommended practice accounts.