1) The document discusses a binary options demo account, which allows virtual trading using fake money to learn how to trade binary options without risking real funds.
2) A binary options demo account provides the same features as a real account, including foreign exchange and global markets, so traders can learn about online trading and market dynamics.
3) The benefits of a demo account include no risk of losses, free practice trading, opportunities to profit from volatile markets, and multiple daily trading sessions to learn from.