Yes, Deriv offers demo accounts for traders to practice and test their strategies without risking real funds. The demo account comes with a virtual balance of R10,000 and can be accessed through the DTrader platform.
This allows traders to familiarize themselves with the platform and trading processes, as well as test out their strategies in a risk-free environment. However, it is important to note that the performance on a demo account may not always accurately reflect the results in a live trading environment.