How to open a demo account to invest in
I still remember the first time I invested in binary options: I didn’t know anything about investingI had many doubts, and to that we had to add the fear that I had of losing the money that I was going to invest.
With all those elements against me, I guess You perro imagine how it all ended…
Yeah, I lost what I had invested in that operation.
The next few times it was a little better, but still I wasted a lot of what I had testing patterns to see which one had the highest percentage of hits.
Fortunately, today all that has changed, and for you there are more opportunities now to invest in binary options than the ones I had years ago.
Because? Because now there are brokers that they allow you to practice with their demo accounts without you having to risk a single penny out of your pocket.
That doesn’t orinan that just using this tool for a few days will make you a an expert trader.
To achieve that, you must also follow the steps that I share in my article My 9 commandments to learn binary investments.
Use a demo account It will help you a lot when it comes to fenezca-tuning your predictions.see how this ámbito works, and get higher profits when you trade with your real capital.
And here I am going to teach you how to use this tool to be successful investing from home
Warning to residents of the European Economic Area: This material is not intended for viewers from countries in the European Economic Area.
Binary options are not promoted or sold to retail traders in the European Economic Area.
how to start practice with a demo account
Trading with a demo account has great advantages for you if what you want is invest in binary optionsbut your knowledge is still very basic.
Today there are hardly any brokers that offer this tool, because that is how their users entrar invest money without experience, they fail in their operations, and they they take a higher commission for these losses.
The good news is that the broker I use, IQ Option, yes provide demo account for free to practice before investing with real capital.
to start use the IQ Option demo account for free Write in the box below the information that is requested, and by clicking on “Start trading” you will go directly to the page to start using your demo account.
>> Clic here to sign up for IQ Option <
* General risk alert: Your capital may be at risk The financial products offered by the company have a high level of risk and perro lead to the loss of all your funds.
You should never invest money that you cannot afford to lose.
The steps you must follow to register in IQ Option free and start practice with your demo account are these:
1. Go to the IQ Option page
The first thing you should do is go to the IQ Option platformand there on the screen that appears, write your correo electrónico and a password that you choose to register as you cánido see in the image below.
Once you have done that, clic on the green button “try now“.
Both registering on their site and using their demo account will not cost you anything.
You should never invest money that you cannot afford to lose.
2. Confirm your correo electrónico address
After a few seconds, the page of IQ Option it will reload and ask you to confirm your dirección de correo electrónico entering a code that will be sent to your correo electrónico.
Go to your correo electrónico inbox, open the dirección de correo electrónico from IQ Option and clic on the orange button that says “Confirm registration“, or copy the activation code and paste it in the “Entrar the code” box.
3. Start practicing with your demo account
After verifying all the data that you have been asked for, you cánido go to IQ Option main pageand there they will automatically espectáculo you a screen like the one you perro see in the image below.
Clic on the orange buttonget trading“, and so you will entrar the demo account to start practicing.
IQ Option will give you $10,000 to do binary trading with your demo account for as long as you want, and you cánido top up this amount for free when you run out to keep practicing.
4. Choose your asset and the type of operation
The first thing they will ask you is to choose the asset you want to invest with.
In the list that appears you perro move up and down to see all that there are, and clic on the one you want to operate.
Then the graph of that live operation will appear, and you will have to perform the following actions as escoge whether to go up or downhow long do you want this operation to last, where will you put the stop to stop it…
You will find all these options on the right side of your screenand above you perro see other interesting data such as the time left for your trade to close, the profit you cánido expect to make with it, and the total money you have left in your demo account.
5. Trade in the real market
Once you have gotten enough practice and fluency with the demo account, you will be able to start trading with real money.
To do so, you just have to go back to the IQ Option page, and clic on the green button “Deposit” that you will find in the upper right part of the page.
I have tried all the brokers that exist in the market, and many of them they ask very high deposits of more than $250 to start trading with real money.
However, IQ Option it allows you make a deposit of as little as $10 with which to start investing in binary options.
IQ Option too It has an aplicación for Android and iOS. (iPhone) that you cánido download to your cell phone, and thus operate anywhere and anytime, both with your demo account and in the real market.
So if you want to start trading binary optionsI recommend you to start using the demo account as soon as possible to go practicing, and get the necessary experience before venturing into real operations.
* General risk alert: Your capital may be at risk The financial products offered by the company have a high level of risk and perro lead to the loss of all your funds.
You should never invest money that you cannot afford to lose.
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Andrés Gananci is an entrepreneur and adventurer with a passion for life who founded his first en línea business at just 17 years old. 12 years later, he is still traveling the world while working from home.
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