When choosing a binary options broker, one crucial step is trading first with a demo account. A demo account helps a new trader to understand whether the broker’s trading platform is user-friendly and easy to use, responsive. Feeling that you are comfortable trading on this particular platform is very important to your overall success.
Fortunately, there are quite many binary option brokers on the market offering such a possibility. A smart trader that takes his investment seriously would always open a demo account first, simply to make sure that the system is easy to use and suitable for him.
However, there are many brokers out there that for some unknown to us reason do not offer demo accounts to their new traders. It is quite a mystery to us why these brokers do so, perhaps it’s too complicated or some just don’t want traders to see what is inside before they already sent them their money. Instead of investigating their reasoning, today we would like to discuss the brokers that do a binary option demo account.
Brokers offering a Free Demo Account
This broker came to the market back in 2013 and quickly won over the attention of traders with its spotless support and low minimum investment conditions. It is one of our top recommended brokers and we highly recommend you try their demo account.
It’s a superb binary options broker for Australian, African, Middle Eastern and European traders. Simple to use, with no mind-boggling of pointless features, it’s straight to the point with its free demo account and great choice of assets.
What to look for in a Demo Account?
If you already opened a free demo account, here are the things you want to check out before investing your money:
- It is easy to use both on your computer and mobile devices;
- Trades are done fast and without any “bugs”;
- They offer many different assets to trade;
- There are also different types of options (5-minute, 60-second, long-term, etc)
- The customer service is helpful and fast.
If all of these things are in place, you can safely choose this broker. Make sure that you are perfectly comfortable trading on this platform, and your trading experience will be way better than with just a random broker. Happy trading!
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