Binary options demo account

Free demo account no deposit

A demo account is an account similar to a live trading account, that is to say, with all trading tools, all the listed options in which you can invest. The only difference lies only in the fact that the account is credited with virtual money, for example $1000.

Demo accounts are particularly popular with:

• Beginners in trading, it allows them to test the trading tools and to trade for free.
• Experienced traders because it allows them to test a variety of different strategies without deposit in order to validate strategies for free.

Virtual trading

An additional advantage is to make a free test of different trading platforms of different brokers to choose the one you prefer, whether to choose a first broker or to choose another broker when you are not satisfied with your current broker and you want to have a look on what the competition offers.

In the selection above, we selected only the brokers offer a free demo account no deposit, however be aware that there are also brokers who offer demo accounts once a first deposit has been made.

There is another important difference between a free demo account and a live account: it is the psychological dimension. Indeed, the binary options trading with real money is different from when it is virtual money, this aspect is to be considered when going from the virtual world to the real world. It is therefore advisable not to neglect the learning of the psychological dimension, and this can only be done with a demo account free without deposit but only with a real account.

When you wish to open a real account after spending some time trading virtually, it is possible to receive a special bonus for a first deposit at a given broker, the vast majority of brokers proposed that because it is a promotional offer to encourage demo account traders to become real customers.