Brokers demo account

[mha161]

Hi!

I've seen several brokers offer demo accounts, explaining you could train for free on the real market. But how reliable and genuine are these demo accounts?

Let's take a given broker, were they offer demo accounts. Could it be that they are using their own "false" market just to give us "false" profit, just to trick us into opening an real account?

The reason for this question is that I have been trading, and betting, very successfully on the demo account at betonmarkets, but I'm wondering if this is just to fool me into deposit large money.


Thanks in advance!

 

[malaguti]

Hi!

I've seen several brokers offer demo accounts, explaining you could train for free on the real market. But how reliable and genuine are these demo accounts?

Let's take a given broker, were they offer demo accounts. Could it be that they are using their own "false" market just to give us "false" profit, just to trick us into opening an real account?

The reason for this question is that I have been trading, and betting, very successfully on the demo account at betonmarkets, but I'm wondering if this is just to fool me into deposit large money.

Thanks in advance!

the demo is only there to show you functionality of the platform. They make no guarantee of the accuracy of the data. But if you made a profit, how is that a false profit. The market either did or didnt go up..just use another broker to compare.
Open up a demo and see if their orders are filled as you might expect. If not, move on.

 

[kih]

the demo is only there to show you functionality of the platform. They make no guarantee of the accuracy of the data. But if you made a profit, how is that a false profit. The market either did or didnt go up..just use another broker to compare.
Open up a demo and see if their orders are filled as you might expect. If not, move on.

Which Binary Options broker offer free Demo Account without opening live trading account please?

 

[Lightning McQueen]

Which Binary Options broker offer free Demo Account without opening live trading account please?

google is good, plenty came up in a search, along with the inevitable sites that promote such things. did nothing take your fancy, or just spoilt for choice?

 

[talkofx]

google is good, plenty came up in a search, along with the inevitable sites that promote such things. did nothing take your fancy, or just spoilt for choice?

hi.
Many brokers offers free demo account. They ask to open live account later. The sample is www.pitoption.com. They are reliable and have professional platform. PIT like CME Floor, Chicago mercantile exchange. You can choose demo account when you open your free account. But believe me, you need to do money management properly, to choose strategy and it is better to trade real with small account, the market is always changing, no Holy Grail! Demo account will not help. You need to be smart on real market with live account. It is better to choose 100$ with bonus and to trade 25$ minimum of trade. Demo account is bringing to nothing. You start to feel better, then you come to live account and you do mistakes and have troubles.