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5 Best Free Binary Demo Accounts

Having a demo account is a very useful feature on a binary platform, as it allows the users to get to know everything related to using the platforms and making profitable deals. The demo accounts help people to understand how to read the important charts that are essential in making a good trade and also be aware of all the features available to them.

The way it works is by assigning virtual money to the accounts to help the users do realistic deals while competing with actual people on the platform. The demo trading Binomo accounts are very popular as they have one of the best interfaces and features for the demo users. The article will list the top 5 binary options platforms that offer free demo accounts for the users.

Binomo

Binomo is one of the best binary options platforms which offers all the important statistical data and charts to make profitable trading decisions. It also has a great app that shows all of the useful features available for the users. The demo accounts provide $1000 for the users to make dummy trading deals and get to know more about the platform. The demo accounts also have video tutorials for the new users to understand how binary trading works fully.

Quotex.io

The platform is considered one of the best for traders. It has many real accounts with people doing actual trading and also an abundance of demo accounts for new users to get comfortable with trading. One of the unique features of the platform is that it accepts crypto payments for users. They support users from more countries when compared to the other options in the market. They offer $10,000 free dummy money for trading purposes.

IQ Option

Like Quotex.io the platform supports a wide range of users from all over the world and offers $10,000 in the free demo account. The IQ Option app is considered the best in class when compared to other binary options apps, which is very useful for making effective and timely deals. The platform is also known for its excellent support staff, which is available 24/7 for the users, and effective in resolving issues on phone calls or emails.

Pocket Option

The platform is not as much recognized as the other discussed so far in the article. However, one of the best features of Pocket Option is that it allows users from all over the globe to use its platform. The platform also has the ability for social trading, where users can look at the strategies of more experienced people and copy them, which enables even new and inexperienced people to make a good trade.

Binarium

There is limited knowledge regarding Binarium other than it has been active in the binary options market for almost 10 years and is based in Cyprus. The platform also gives options for users to explore other markets such as crypto and even gold.

All these platforms have excellent demo account features, which are available free when you sign up to their servers.