OPEN DEMO ACCOUNT (FOREX / CFD)

Try trading on a 14-day demo account

• ECN liquidity from numerous banks
• Transparent pricing environment

• Attractive spreads

• Leverage up to 1:500

·         A FOREX DEMO ACCOUNT

·         The purposes of a Demo accounts is to familiarizing yourself with the trading platform’s interface, as of how all available trading tools work to your advantage in order to gain the edge in the markets, and to manage open positions, pending orders etc. Furthermore, you can use our state of the art Algorithms and to learn how and when to use such facilities to your benefit.  You will further find available to you numerus other exclusive tools to protect your trades from risk of losing money.

·         Another perfect use of a demo account is testing your trading strategies. Use historical data to backrest your strategies and see how they would have performed in past market conditions.

·         Demo accounts are very important and useful for testing your skills and strategies to suit your trading style. Demo accounts offering a safe and a practical way to learn, and to refine your trading.  Demo account will prepare you to trade a live account with confidence.

WHAT IS THE DIFFERENCE BETWEEN A DEMO ACCOUNT AND A LIVE TRADING ACCOUNT

The difference between demo trading and live trading is that the Demo accounts are using virtual funds and the live accounts using your own funds. Further, when you trading on a Demo account you do not have any emotions in regard to any losses occurred, psychologically you are sound, since you do not occurring any real money losses. Demo trading uses virtual funds, which eliminating the risk of financial loss. I addition to the previously said, three are few more differences between Demo and Live accounts: Demo accounts have a Live market price feed and a virtual trading feed, when to place a trade on a demo, regardless of the speed of market moves, you order will get filled and on the right price of the market at the time of the order placement, on a Live trading on a similar or same circumstances you may have a larger slippage or a rejection to enter the market or to close a running order, which means that you will occur losses.     

In general a demo trading environment is a safe space to learn and experiment, before you trading a live account.

HOW TO OPEN A DEMO FOREX TRADING ACCOUNT

Visit the TradeBrain website and sign up for a demo account, providing the requested necessary personal details, including your name, email, and phone number. Once this information has been submitted, you will receive your login details via email.

HOW TO SET UP A FOREX DEMO ACCOUNT?

Once you have received your login credentials, you can go on line to the trading platform and login to your account, using the login details and passwords provided, and begin to familiarise with the trading platform and then begin to practice.

IS THE FX DEMO ACCOUNT FREE

Demo trading account is free of charge. Demo accounts are meant for the practice and learning of trading without the risk of losing real money. The Demo is using virtual money to simulate real market conditions, allowing users to experiment with strategies and become comfortable with the trading platform and its tools.

GET DEMO ACCOUNT

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