IQ Option Demo Account – Practice Before You Trade

IQ Option Demo AccountIQ Option is a reputed Binary Options broker that was founded in the year of 2012. Since its launch in the financial industry, it has attracted many traders and has been enjoying a significant amount of popularity among the traders. It has earned an excellent name for itself in the market and is one of the first choices of anyone who wants to start their binary options trading.

Both, as well as experienced traders, opt for IQ Option for several reasons. Amongst several reasons, the most important one is IQ Option demo account. It is one of the most sought-after features of this broker that provides traders with a bunch of information and prepares them for their journey in the Binary Options market.

In this post, we will look into the IQ Options Demo Account features and understand why it is so popular among the traders.

How to Register for IQ Option Demo Account

The demo account sign-up and the registration process is straightforward and takes less than 5 minutes to complete. Unlike other brokers, you need not have to test the trading platforms and accounts. The account set up process is relatively easy, and you will be able to open your demo account without any money.

To sign up for the IQ Option demo account, you need to visit the official website of the broker and complete the registration process. The broker will ask for your details like name, address, email id and other relevant things. Once you verify your email, the broker will set up your demo account. At any point in time, you can switch from demo account to real account by depositing $10. You will be then able to place trades in a real-time market environment.

How to Start Trading with IQ Option

Demo Account Features

This account comes with a plethora of different features and other perks that can help you understand the market and get knowledge in return. The first thing after account setup you will notice is €$£1,000 virtual money in your account with 30 days validity. You can use this virtual money for placing trades in a risk-free environment. You can use the virtual cash only for putting trades across the products offered by IQ Option and not other Binary brokers.

The demo account also provides complete access to real-time trading. Thomas Reuters will provide you with comprehensive and up to date trading quotes from the market in real time. This account will help you hone your trading skills and strategies. Once you are comfortable with the trading platform and muster enough confidence, you can switch to the real account and start placing trades with IQ Option.

Benefits of an IQ Option Demo Account

This demo account comes with loads of attractive features and other tons of benefits. The account is not only a learning opportunity for the newbie traders but also for the experienced ones. The best thing is that you will trade in a risk-free environment. You will have complete access to the real-time market and place your trades accordingly. There are no losses, and the only thing you get to learn from your fallouts is experience and knowledge so that you don’t commit the same mistake again.

At the same time, IQ Option demo account helps you understand the trading platform in great depths. Trading with the software requires a lot of practice and many traders be uncomfortable initially. The demo account will help you familiarise the trading platform, and you will be able to place trades effectively. Also, you will be able to navigate across different account types quickly and freely with no hassles.

The IQ Option demo account will help you understand the market and develop trade strategies. You will get to learn new skills that will help you place trades efficiently as compared to your counterparts. At the same time, you will understand which technique works for you and which one is more comfortable to use for placing trades. If you like, you may prefer to read our IQ Option review before you open a demo trading account.

Rich Archer

Rich Archer

Hi, my name is Rich Archer. I am living in London. Welcome to Binary Manual. Reach to Binary Options broker reviews and market news here.


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