With the development of fictitious demo accounts, binary options brokers or Forex now give everyone the opportunity to enter the world of speculation. Access to these demo accounts can be in some cases, unlimited. Brief review of brokers offering the opportunity to learn the trading pipes through practice.
Practice with virtual money
Open a Practice Account without any initial investment provides an opportunity for beginners to learn about the stock market without taking risks. Such an account allows you to train in the same conditions as those of traders working with real money. Without investing a single cent, the beginner trader has the opportunity to try a wide range of techniques and strategies, while being able to observe the activities of seasoned traders.
Deposits without bonus offers with free money
There are a single in France and here it is:
Click here to open an account on Markets and benefit from their exclusive offer - € 25 Free no deposit.
The welcome bonus
During registration, some trading sites offer dummy accounts including bonuses in the case of TopOption . This is called demo accounts of different classical fictitious accounts. The bonus in question consists of real money that can be fructified. This trader is learning to get to keep the sum made available to it.
The amount of "welcome bonus" is symbolic. It can reach at the most 25 euros. When opening a demo account with a real money bonus , it is essential to put a valid phone because only the validated accounts receive the bonus.
Certain broker as OptionWeb offers free training via an online trading school ( see their training here )
The pros and cons of the demo
Brokers offer demo accounts with unlimited access provide a good opportunity for beginners traders. Developed to their attention, these accounts offer a wide range of options and tools that they can be tested according to their desires. The beginner can vary the techniques and strategies as long as the binary option broker allows, to acquire the skills that will enable it to become a more experienced trader.
Some trading professionals however put a damper on a very prolonged use of these accounts drive. According to them, the fact to build on a very long period of virtual money trader reduces the sensations of hearing, since it takes no real risks. He could not learn to make decisions based on the risk of loss. In real trading, stress and risk are instead two central elements of the activity of the trader. Despite this aspect, it is recommended to neophytes traders to practice through virtual trading before betting real money.
Unlimited demo
The broker Plus500 offers an unlimited free demo account and Forex. Plus500 is regulated by the Financial Conduct Authority and the London Stock Exchange list. The platform is downloadable here or directly accessible on the site . The demo of this platform offer conditions equal to those of the actual market (forex CFDs), all conditions for negotiation are reproduced there. The novice trader has the option to create, test and simulate various trading strategies. Assistance and assistance is also available to traders who are new. Open a demo account is ideal for beginners because there is always a link between high pay and high risk . All types of trading or speculation, which can pay big dividends is subject to high risk.
An exceptional virtual capital
In virtual mode, the platform OptionTime offers to train to practice trading for 30 days and offers a free guide. The virtual money given to the novice trader is maximum $ 100,000. The conditions of the demo account are exactly the same as the real stock market game. Optiontime provides the ability to test a large number of financial instruments. You can learn about technical analysis and fundamental research. The website also offers training courses available in video format or written. Analyses of markets and information from external financial players are also available to traders apprentices.
Learning to trade on various financial instruments
Markets.com offers the possibility to test the Forex, CFDs and Binary Options for 30 days. The opening of the demo account is not binding. The website also offers training on trading. Technical analysis and training on many order types are made available free on the site .