IQ Option free demo account
The purpose of financial activity is to make a profit by entering into transactions. Special exchanges and brokerage platforms are used for this purpose. IQ Option broker provides CFD and Forex trading services. The company appeared in 2013 and today is one of the leaders in this field thanks to the unique technological platform of its own design. The broker's activities are regulated by the authorized bodies. There are a variety of options for depositing and withdrawing funds.
A trader, having chosen a broker, gradually masters the essence of trading. In this case, he can choose two ways - use a practice account or immediately trade for real money. Both approaches have a right to exist, and the choice of one of them depends on the personal preferences of a particular person. But the demo option saves the trader from potential problems.
Using IQ Option free demo you will get all the benefits of the platform, here are some of them:
- Learning with dozens of videos on different topics.
- Topical news and economic calendar.
- Technical analysis tools.
- Chat with traders.
- Functional and convenient terminal with intuitive controls.
- Actual quotes.
- Free apps for PC or smartphone and more.
A practice account is a free account opened on a broker's website and involves purchases with virtual currency. The trader performs the same operations, but relieves himself of the risk of losing money.
The IQ Option demo account has been specially designed to accurately simulate real trade environments, based on actual market conditions. It is funded by virtual currency, which allows the novice investor to gain deal experience without risking their capital.
Also, such an account helps to develop individual trading strategies and build confidence, while getting acquainted with market conditions. This is a great way not only to test the site, but also to understand how the functionality of the proposed platform works.
How does demo account work?
In order to start using the demo IQ Option as efficiently as possible, experts advise following these recommendations:
- Treat your virtual account as if it were real. This will help you form the same mindset as if you were trading with your own money.
- Leverage: Select the leverage you are likely to use in the future. It goes without saying that it is best to open a practice account with the same broker you plan to trade real money with. This ensures that trade conditions such as spreads/swaps and order levels are the same for both demo and live accounts.
- Do not trade in a practice account indefinitely. Gradually move on to real trades. By avoiding real trading, you lose the opportunity to make money and stop taking yours seriously.
IQ Option free demo is designed to help you get familiar with the tools and features of the trading platforms and gain experience. Gradually, starting with small amounts, move on to real trading. At this broker, real trades are available from as little as $1.
Demo account features and limitations
Demo account IQ Option works just like a real account. You are UNLIMITED IN TIME TO USE this account and have the same quotes and tools for trading as traders with a real account.
How to register IQ Option demo account?
Now that you know what a demo is, you probably want to try it. One question remains, how to open demo account in IQ Option?
You don't have to pay to start using IQ Option free demo account. You only need to register. You can go through it from the link below. It does not oblige you to anything, and you can already NOW feel what it is like to buy an asset and make your first transaction for FREE!
IQ OPTION DEMO ACCOUNT SIGN UP, IT'S EASY AND FREE! TAKE A MINUTE OF YOUR TIME AND TEST THE BEST BROKER YOURSELF!
- The first step is to fill out the registration form. The IQ Option demo account login field is your email. Choose a strong set of characters and numbers for your password. You will need this information later.
- Then select the "practical" account when the system gives you 2 accounts to choose from.
- After you make a choice, you will be redirected to the terminal.
- You will see that YOUR ACCOUNT IS $10,000, this is virtual money, you can spend it from now on at your discretion.
- In the top panel, click on the "+" select an asset and train! Everything is simple!
Once you have spent enough time practising and getting to know the trading system, you can then feel free to open a real account. Moreover, the minimum deposit is only $10, and the minimum transaction is only $1!
Devices on which you can trade
As mentioned above, you can download an application for any gadget from the broker's website and also work on it in a demo version. Use your IQ Option demo login to enter the system.
All gadgets are synchronized with each other. Before downloading, you only need to check your system version and free space. You can find more detailed information about the applications on the site by scrolling down the main page.
Some functions of the platform work faster and more fully in the application for a PC or smartphone. They are also less dependent on the speed of the Internet. Therefore, more and more traders use them for their work.
Each market has its own characteristics. First, you need to learn how to analyse stocks, funds, cryptocurrencies and other assets. Watch broker instruments and choose investment options. Only in this case, you can earn something. Thanks to the IQ Option demo account, you can buy without fear of making the wrong choice.
On the platform, you will be able to trade forex and CFD instruments. The broker gives you the opportunity to choose among a variety of assets, which will allow you to diversify your portfolio and gain experience in analysing completely different niches!
The essence of trading on the Forex international currency exchange is the purchase / sale of one of the currencies, which increases or falls in price when it is influenced by some external factors. A currency pair is an alternative term for exchange rates, i.e. the value of one currency expressed in terms of another.
Securities are an understandable and popular form of trading. The sector of the exchange where stocks and bonds are traded is called the stock exchange, or simply the securities market. Stocks change in price - you earn on changes in their value.
The commodity market includes the buying and selling of instruments such as gold, silver and oil. These are the most liquid goods, they are also presented on the IQ Option platform. The idea is to correctly guess the rise or fall of the price, which will allow you to profit from the trade.
A stock index (stock index) is a kind of indicator of the average value of the price of a certain set of instruments. For example, shares of various companies, united in one group, calculated by various rating agencies and organizations. The growth of stock indices suggests that the shares of companies included in it are strengthening and growing, respectively, if the index falls, then the companies are not doing very well.
ETF (exchange traded funds) - investment funds traded on the stock exchange. An investment fund buys a large, diversified portfolio of assets and then sells it piecemeal. To do this, the fund issues its own shares. That is, by purchasing one ETF share, an investor invests money in several attractive instruments at once.
You can earn on the cryptocurrency exchange rate just like on any other instrument. Use technical analysis to understand the trend, or use the news and the economic calendar to predict price action. In any case, with a virtual money account you are not afraid of making a wrong prediction, you are just gaining experience.
To make money on trading, you need to choose promising assets, determine the appropriate time to open and close a position, perform competent analysis, read charts and navigate the forecasts. These points may seem easy after studying the theory. However, applying the knowledge gained in reality is much more difficult. For this, you need a virtual account. Learn how charts work, how to read indicators correctly, etc.
At a crucial moment before a trade, it is important to understand how to open and close a trade, how to set a profit limit and stop loss. With a real account, all steps must be performed clearly, quickly and without errors.
How to practice the skills of using pending and limit orders!
How to reset IQ Option demo account?
IQ Option demo account reset is a distinctive feature of this broker. It lies in the fact that you can replenish the spent balance of your virtual account as many times as you like.
To make an IQ Option reset demo account, click on the "deposit" button to the right of the balance and the amount will again grow to $10,000!
How to switch from IQ Option demo to a real account?
To start trading with real money, simply switch to a regular trading account. IQ Option login demo will serve you for logging in to a real account as well. You do not need to create a new account. Just click on the balance of your virtual account and in the pop-up window select a different type of account, namely real.
If you would like to learn more about opening and testing a virtual account, register now for free using the link below!