I highly recommend using a demo account before trading for real money.
Why? A demo account allows you to test trading strategies, systems and even signal providers without risking your own money. We highly recommend logging over 100 “paper” trades in a demo environment before switching to real money.
There are two binary options brokers who I recommend that offer “free” demo accounts.
- 1. Marketsworld – 5000 credits. Never expires and can be topped up.
- 2. Banc De Binary – $50,000 starting balance. Free for 24 hours only. Must deposit to continue to keep your demo account.