Learning how to trade can be quite a long, risky and challenging process, especially if you are employing your own capital.
Thankfully, Pocket Option gives an opportunity to get used to the trading platform and practice enough before using your money on a Demo account.
Registering a Demo account
Registering a Demo account is quick and easy and can literally be done in one click. To do that, open Pocket Option broker website and choose the “Start in One Click” button.
Once you choose this option, a welcoming window appears where you can choose to “Continue Demo Trading” if you want to continue on with a Demo account.
After you choose this option, a Demo account opens for you with a $10,000 of virtual funds available for use. Once you feel ready enough to trade with real capital you can proceed with registration, completing your account profile and making a monetary deposit.
If you run out of funds on the Demo version, you can also top up your demo account for free to keep on trading virtually. Click on the “Demo account” button, then “Top up” and choose the amount you would like to add on your Demo account:
You can also create and complete an account by clicking on the “Registration” button and signing in using an email account, through Facebook or Google account.
How to switch to a real account?
If you feel ready enough to use your real fund, you can always switch to a real account. To do, click on the “Demo” button and then “Live account”, like on the image below:
Next, the platform opens a window where you can deposit funds through various methods through the “Deposit Now” button (the minimum deposit amount on pocket option is $10). Once you complete your deposit, you can start real trading on your Real account.
Using a Demo account
A great thing about a Demo account on Pocket Option is the fact that it is a full copy of a real account with all of the features, such as the trading indicators, the great variety of trading instruments, quotes etc., all equally available. The easy and interactive interface makes it easy to place virtual trades and use the variety of tools for monitoring positions. The only difference is the fact that you are not using real money but virtual funds. Also, social trading is only available through a real account on Pocket Option.
What are some of the advantages of Demo trading?
- practice your trading skills before placing real capital at risk
- you get a chance to learn and get to know all of the features of the Pocket Option platform
- there is enough time and space to look back at your trading history and statistics, analyse what went well and not so well so you can adjust your trading accordingly
- even if you are quite an advanced trader, Demo account gives you a chance to practice new strategies and techniques or improve your trade management skills without risking your money
Do not miss on this opportunity and best of luck on Pocket Option!
Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.