Tuesday, June 18, 2013

Top Forex Demo Accounts

What Is Demo Account?

When talking about demo accounts, most people talk about virtual cash account.
What is Virtual Account?Virtual cash account is basically trading real assets in real expiry times but with “virtual” or “demo” money. In other words, you can not lose your real money but you can practice and get familiar with the Binary Options platform and with the process of placing trades. Some brokers claim to have a demo, but it’s actually a video or any other kind of Demonstration on how to trade binary options. A Demo Account is is an effective way for a new trader to learn about the trading platform. However, the demo account does not teach you how to trade.

1   Markets World

Markets World is one of the only platforms offering a demo account for new traders which is their main benefit and advantage over other platforms for beginners who wish to practice before moving on to bigger trades. This is a very rare feature and one which gives credence to the company’s good intentions. Just register a new account and you will have around $5000 to trade with in fake money.And if you feel redy to start trade the minimum deposit is 20$.

2   Bet on Markets

Betonmarkets has been around since the early days of binary options, first starting out as a spread betting firm and then adopting binary options trading as part of its product offering. Betonmarkets has a unique trading platform, and offers traders a demo account with unlimited access. However, the demo account will only benefit traders using the Betonmarkets platform, as this platform is not used by any other binary options broker we know of.

3   BO Capital

The free binary options demo account gives you $500 that you can use without any risk to yourself. By using this free virtual money, you are not risking any of your own funds so you can feel free to try out new options trading strategies without a problem.


4  Option Bit

Creating a demo account is extremely simple: Just sign up and request a demo account from a customer support representative via live chat (or drop them an e-mail) and $500 in virtual money will be instantly credited to your account.

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