Binary options trading is probably the easiest ways to make money online, because it requires small investments and generates high returns. Of course, trading with binary options does not come without risks, so gaining as much experience as possible is essential to a trader. If you wish to become a pro trader, you can start by practicing trading as much as possible. Binary options brokers offer traders the opportunity to hone their skills by putting demo accounts at their disposal. With a demo account, you can practice you trading free of charge and without any risks. Demos recreate real life situations, so you not only learn how to use a trading tool, but you will also be able to try out strategies. The number of brokers that offer a binary options demo has increased tremendously in the past year, so making a choice in this regard is quite difficult and confusing. You can find out which are the top 10 binary demo accounts by accessing specialized websites that offer lists with the best brokers, as well as by doing your own research. Following are the most sought after binary options demo accounts.
This is one of the most popular binary options brokers in the world because of its 89% payouts and user-friendly platform. The fact that this broker offers a free demo account is another reason why traders find it advantageous to collaborate with this broker. The demo can help traders develop new strategies, as well as get familiar with trading in the beginning without using real money and risk losing them. The demo allows you to trade in a real market the asset of your choice just like you would normally do with the only exception that you will not use your own money, but virtual money.
Banc de Binary
This binary options platform was established in 2009 and has managed to preserve its top position ever since by offering state of the art tools and high quality services. This broker also provides a wide selection of assets users can trade, as well as a well-designed demo. Opening a binary options demo account only takes a few minutes, but you will need a real account to get access to the demo version.
Renowned for their customer oriented policy and excellent services, CherryTrade is also a very popular binary options trading platform. Established in 2013, this broker uses the latest technology to develop useful tools for traders. Its modern platform and demo account give users the opportunity to experience trading in a different way. The interface is simple and elegant, not to mention easy to use, but the features are fairly advanced, helping traders hone their skills and accumulate precious trading experience fast.
All in all, there are numerous benefits to trading via a demo account. Starting with the fact that you get to practice trading free of charge without using real money, you will be able to become a fully-fledged trader sooner after using a demo account.
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