Free Forex and Binary Options Demo Accounts

Free binary options demo accounts are among the greatest draws and marketing tools binary option brokers can make available to their would-be traders. It is indeed surprising how few such brokers opt to toss this offer into the mix. A good free demo account doesn’t just give the trader a way to put the platform of his/her broker to the test, it also serves to whet the appetite of the client for real money trading and as a test-lab for various trading strategies. Here’s a brief comparison of five of the best such free Forex, CFD and binary options demo accounts.

HighLow Demo

The HighLow demo account provides the best solution for binary options traders in Australia, China, Japan, Europe as well as other countries. In fact, HighLow is our favorite binary options broker. $10,000 are provided in virtual funds for people who sign up for an HighLow demo. HighLow is AU-regulated and is available in many countries which are excluded by EU-regulated brokers. HighLow is available in Canada, but you should keep in mind that binary options trading is illegal in Canada.

HighLow demo

Read more in our HighLow Review.

Ayrex Demo

The Ayrex.com demo is unlimited and completely free. No need to even register. And Ayrex though unregulated is a really good broker with a lot of positive feedback. The platform is versatile, the minimum deposit is $5 and they accept people from all locales so it’s a very convenient deal. Ayrex Review. Again, don’t sign up with Ayrex if binary options trading is illegal in your country of residence.

IQ Option Demo

The IQ Option demo account is without a doubt one of the best in the business. The reasons for its success are numerous, but the fact that it belongs to one of the most popular brokers (and that it was developed in-house) certainly hangs heavily in the balance. The IQoption demo account offers traders access to some of the best trading tools in the industry. It opens up all the features of the full software to the general public, for free. Accessing the demo account is easy. All one is required to do is to register, by filling out a registration form. After that, $1,000 is immediately made available in the demo account. Given how the minimum investment is $1, that does indeed provide more than enough fuel for testing out strategies and getting the know the interface. The trading interface is very user-friendly and easy to get the hang of. It has to be noted that one doesn’t actually have to make a real money deposit to gain access to the IQoption demo account.

IQ Option free binary options demo

The IQ option trading platform offers second-by-second tracking of various markets. It is, in and of itself, a great charting solution. Traders can select various technical indicators and trade right off these charts. Needless to say, all these features are available in the demo account as well. One will quickly find him/herself drawn into a lengthy demo trading session on this platform, and as strategies are figured out, the thought of a real money deposit will become more and more attractive, especially considering the fact that the minimum requirement in this respect is only $10.

IQ Option recently added Forex, CFD and Cryptocurrencies to their beautiful trading platform. Learn more in our IQ Option Review.

I suggest using the IQ Option demo if you’re in one of the countries where IQ Option is available. This excludes the USA, Canada, Australia, Belgium, Russia, Japan, Turkey, Israel, Syria, Sudan and Iran.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

ExpertOption Demo

In ExpertOption’s case, full access to a free binary options demo account takes on an entirely new importance. The site was only launched in 2014, so it’s a relatively new operation. Furthermore, its trading platform is a proprietary one, which makes it even more important for traders to be able to take it for a risk-free test-spin before they commit. That’s exactly what the ExpertOption demo account is meant to accomplish, and more.

ExpertOption free binary options demo

ExpertOption take demo account accessibility to an new level too. Unlike the brokers discussed above, they do not even require any sort of registration on the part of their clients. All would-be traders need to do is to click a button, and the trading interface is loaded straight away.

The starting balance in their free binary options demo account is $1,000, and yes, all the features are indeed present in the demo version, including the full asset-selection as well as all the option types and expiry times. Obviously, one can reload the funds as many times as he/she wants to. As a learning tool, the demo account is indeed a perfect fit. Its every feature, including the actual execution of trades, mimics the real money platform perfectly.

Free Forex and Binary Options Demo Conclusion

Unfortunately, the above detailed brokers and exchanges seem to be the exception when it comes to free binary options demo accounts. Scores of brokers do not offer any kind of a demo account, while the majority of those who do, only offer limited access, for a limited time, to those who actually create a real money account and make a deposit.

If you’re new to binary options or Forex, the best way to start out is to sign up with one of the above free Forex or binary options demos and to join Michael Freeman’s manual signals Facebook group. Then, you should use our signals for 1-2 weeks with your demo account. Only make a deposit and start investing real money when you are confident in your ability to apply our signals profitably.

What’s your favorite binary options or forex broker offering a free demo?

44 comments

  1. hi admin,
    i’m siti from Malaysia. I really interested to start earning my own income with binary option trade. Do you have any recommended regulated broker since i new in this field.

  2. Hi I live in New Zealand and have not tried this yet as am newbie
    Can you recommend a regulated broker in my country that is trustworthy.
    Thanks
    Gary

  3. Hello OBO Admin,
    Thanks for your reply.
    I am demo trading with HighLow, and wanted to try IQ Options as a comparison.
    Best regards, Trevor.

  4. Hello OBO Admin,
    Trevor Malone, from Queensland, Australia.
    Thanks for all your valuable advice.
    I want to demo trade with IQ Options and understand as an Aussie, I cannot do so, yet. I have contacted IQ regarding setting up a VPN access to circumvent current restrictions, without their response.
    Any suggestions for myself, and other Aussie newbies?
    Best regards, Trevor.

  5. Emmie
    I live on south africa and want to start trading and is new in this i heard alot of people say that binary is good to make exstra money with binary would you recommend to use. can you tell me how is stockpair and binary capital market. need help please

  6. Am currently based and living South Africa. I intend start trading as a new beginner. Any tips on how to trade and which sites are most recommended in South Africa? Please help.

    1. Any of the EU-regulated brokers would be great if you’re in South Africa. There’s no specific regulation for binary options in your country at the moment as there is for Forex.

  7. Nadex is available for at least 10 or more countries. Not just USA. Please correct your information accordingly.

    1. It’s true, but we would only recommend using Nadex to people in the US. By the way, we sent Nadex an inquiry as to which countries are accepted and got no response. Perhaps you know where to find this information?

  8. I would like to register and receive your signal and do trading with your listed brokers. Am working in United Arab Emirates, (Dubai). Please advice which will be best broker to use and hope we can do the same from UAE.

  9. WHAT I AM LOOKING FOR IS A DEMO ON A ROBOT THAT IS RUNNING ON A LIVE FEED. MOST OF THEM ARE DONE WITH MIRRORS AND IT IS SO STUPID THAT THEY DO .

    1. Where do I find a robot that will generate profit on a consistent basis.
      Seems to me you click on binary and 100 scams jump up

  10. i used IQ options there is a big drawback in it about time trading kike if u select 5 mins and you are waiting to hit SR and you will not get exact 5 min

  11. Willy again….forgot to mention MarketsWorld.com has a small minimum deposit of $50 only and trading minimum just $1 ( perfect for a newbie….can not loose too many $$$if you don’t go crazy )

  12. Hi everyone, My name is Willy from Newfoundland, Canada and I am very new to Binary Options Trading and new to Mike’s FB site. In case that some of you donot know…Nadex is not excepting traders from Canada and also cancelling existing Canadian accounts. I am also using MarketsWorld Demo and have real account with them but you need to register for the second account with different e-mail….hope this is a helpful info for someone….Thanks

  13. very useful information!..thanks for the guidelines given admin..hopefully it could help esp. for new traders to always practicing with demo,demo and demo before enter the real one..remember,always playing smart and safe!!

  14. Iq options is the best one I’ve tryed and marketsworld seems ok aswell I’ve also tested topoptions/ binary and ayrex good payouts after 21.00 GMT +0 but they have there flaws but I guess all brokers do

        1. Hi admin

          I’ve also read mixed reviews about IQ Option regarding people getting their money from their account and poor customer services. Is this all untrue then? I was considering opening an account. I am now very confused.

          Please clarify

          Thanks in advance

          Sian

          1. IQ Option is one of the most trustworthy brokers I have come across. I never received any complaints about them and I know many people who are trading with them and are very happy.

  15. one thing i have noticed with this demo thing is that everything about it is fake so i urge all traders to text their strategy strenght using 10$ real money this way if ur strategy suck u get to know and secondly, this could help build ur emotions till u are ready to go in with big money.In summary i dont recommend DEMO TRADING to anyone

    1. We recommend using a demo only for the purpose of practicing applying our manual signals. You don’t want to make the mistake of not following the signals correctly on a real account. After about 1-2 weeks of practicing, our members are usually able to trade profitably with their real accounts as long as legit, regulated brokers are used, such as IQ Option and Nadex.

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