Binary Options Demo Accounts 2013
Where to Get Binary Options Demo Accounts?
The binary options market is a relatively new market, and for this reason, there aren’t many brokers who offer demo accounts on their platforms. However some brokers have begun to roll out binary options demo accounts and it will not be long before binary options demo accounts are as ubiquitous as their forex counterparts.
Here is a list of binary options brokers who presently offer the demo practice account option on their trading platforms.
Banc De Binary
Banc de Binary introduced binary options demo trading on its platform only a few months ago. Their trading platform is the SpotOption proprietary platform type, which gives traders the ability to trade 60 seconds options, the classical binary options and also to customize trades using the Option Builder function. Traders can also practice the high-yield one touch option on this platform. At the end of the demo trading sessions, the trader is expected to be thoroughly familiar with this trading platform so that even if he does not use Banc de Binary for his live trading, the platform will not look like something from a space alien’s storehouse when used on another broker’s trading suite.
GtOptions provides traders with $50,000 of practice funds with which to test the waters of the binary options market. The demo accounts work for two weeks and are non-obligatory. Opening a demo account requires filling a simple account opening form on the GTOptions website.
Full GTOptions Review
Betonmarkets has been around since the early days of binary options, first starting out as a spread betting firm and then adopting binary options trading as part of its product offering. Betonmarkets has a unique trading platform, and offers traders a demo account with unlimited access. However, the demo account will only benefit traders using the Betonmarkets platform, as this platform is not used by any other binary options broker we know of.
Full BetonMarkets Review
The North American Derivatives Exchange provides a trading interface for binary options traders to converge and get straight-through processing for their orders. Nadex is only open to American residents and citizens, and as such its use is restricted. If you qualify to trade on this platform, you can open a demo trading account which is only active for about 2 weeks. Traders are not obligated to open live accounts before opening a demo account with Nadex.
With these comprehensive binary options demo accounts packages, traders can have access to a simulated trading environment with which to practice their binary options trading strategies.