Demo Accounts at BDB, Unlike other brokerages Banc de Binary offer their customers a permanently open demo accounts. To qualify for this all you have to do is meet their compliance requirements and successfully make your first deposit.
The account comes pre-loaded with $50,000 of demo money so you can really get to grips with their various platforms.
Many of their competitors have a time limit on this type of demo account but having one open indefinitely is an invaluable feature.
It allows you to add new techniques to your trading game by testing them first before employing them with your own cash.
The Benefits of demo accounts
Using a demo account allows both new and professional traders alike, to practise and try new binary options trading strategies before implementing them with their own capital.
this simply means, that you can study by trial and error any trading strategy with out the risk of losing real money , therefore making sure you have fully understood a strategy before going live.
This is a huge advantage for the new trader making their first steps in the binary options trading market.
Every trader needs to find their favorite trading system that suits them best and demo accounts are the best tool which gives you the time and space to do just that.
OPEN YOUR DEMO ACCOUNT TODAY!
As a new trader you should never underestimate the importance and the vital role that demo accounts will have on your future binary options trading.
Trading binary options is undoubtedly easy, the simplicity is its main advantage, however not being able to read the trending markets correctly will end up in a wrong prediction and an imminent trading loss which will leave you confused.
This is why, as a new comer to binary options, you should train your trading techniques on demo accounts prior to investing in the real markets.