IQ Option free demo account
What is a demo account?
Earnings on brokerage platforms have long been a convenient source of income for millions of people in all corners of the world. Before the start of trading, you should watch five, six, and preferably ten video lessons, and after that it is better to practice on virtual money. Inexperienced traders will learn the basics of trading on educational deposits, and experienced investors will be able to try new strategies. Traders who have just entered the market and are experimenting with real money take risks.
A demo account is one of the most important things, especially for beginners. Therefore, when choosing a company, you should find out if it has virtual money and whether the deposit is convenient for customers. IQ Option free demo account is available for you NOW!
The key to a successful career as a trader is a sufficient practice of making deals. Only experience combined with solid knowledge of the fundamentals allows us to hope for stable profitability over an extended period of time. However, to gain practical experience, you need to make deals, and the inevitable losses at first can be avoided by trading in demo mode, for example, in demo IQ Option.
How to start trading with IQ Option for free?
- Open your personal profile on the site. Enter your username and password in the registration form on the site.
- After the first step, you will see a pop-up window with an account selection, select a practice account in it. Next to it, you will see the amount of $10,000. Click start trading.
- The system will then automatically direct you to the trading room, where you can select an asset and make your first trade. Gain experience and enter real trading and for real money! Real transactions can be carried out from only $1!
IQ Option demo login will be saved in the system. If you check, "Remember me". With this data, you can also log into a real account.
How does demo account work?
Each company has nuances associated with demo accounts. Before opening such an account, it is better to find out how to do it and what features this account has. Experts note that companies that for some reason do not have a training deposit are unreliable. If a company provides a demo account, then it can be trusted.
A training deposit is a kind of business card of a reliable and honest company. His absence is a symbol of frivolity and unreliability.
Demo account features and limitations
Also, before real trading, you definitely need to test the functionality of the platform in action and decide on the trading model and strategy. With a practice account, you can do this, because it is exactly the same as the real one. There is only one limitation - you cannot withdraw profit from demo account IQ Option. It also remains virtual.
A feature of the IQ Option demo account is that you can update, or in other words, re-credit virtual money to the account many times. The platform developers are confident that this approach helps traders feel more comfortable and safer, since any strategy can be tested on a demo balance.
How to use a demo account?
To log in to the virtual system, use the IQ Option login demo and the password you used during registration. Then get familiar with the platform and for convenience you can download it to your PC, it will not cost you any money. By going to the settings, you can change the interface of the platform by choosing the most pleasing theme for yourself.
You can find a lot of useful information about trading in our blog and video tutorials, they are really helpful and designed to give you a deeper knowledge of the subject. But nothing can replace direct practice and experience. It is important to learn how to plan your actions and follow a trading plan, learn how to lose and get used to the idea that trading is not always profitable.
Use the practice account and try to get the most out of it.
How to register IQ Option demo account?
IQ Option demo account sign up will take little time and will not cause any difficulties. To register, you will need to provide an email address and create a password to enter. A trader can start trading with real money, but it is recommended to try the IQ Option free demo account first. The trader will receive $10,000 in his account, which he will be able to use at his own discretion. To test any strategy, these funds should be enough.
If you want to trade with real money, you can try with small amounts, since the minimum investment is only $1. And the minimum amount to replenish the account, at the time of this writing, is only $10!
When opening a demo account (as well as a real one), a personal account is created for the client. It is designed to display all the client's personal information, including all of his active accounts, transaction history, etc.
If you decide to immediately open a real account, then after the registration procedure you will need to go through verification, or in other words, confirmation of your identity and account. The system itself will prompt you to do this if you want to replenish the balance. This procedure is done for safety.
How to login to IQ Option demo account
To log in, you need to enter the IQ Option demo account login and password in the login field. Use the data that you provided during registration.
Devices on which you can trade
You can use the demo IQ Option on any device, namely in the web version, on the PC, and in the mobile application. Versions are convenient and adapted to any device.
One of the most modern and user-friendly trading platforms, developed by a group of leading traders, analysts and IT specialists, allows IQ Option to offer professional-level trading to a wide range of people.
On the platform, you have the opportunity to trade using Forex and CFD instruments for stocks, cryptocurrencies, indices, ETFs, Commodities. About a total of over 300 assets!
Charts and Indicators on real and training accounts are the same. Thus, all quotes on both accounts will also be the same. This allows you to plan a strategy on a virtual balance and then implement it on a real one without making any changes to it.
The platform gives you 4 types of charts to use, each has its own advantages and can be used in different strategies:
- Japanese candles
- Heiken -Ashi
An order is an order to buy or sell a financial instrument. An order can be market - if it is opened at the current price in the market, pending - when you need to make a deal at a certain price in the future, and limiting - when you need to close the position when the price reaches a certain value.
On a practice account, as well as on a real account, you can use market orders, Take Profit and Stop Loss limit orders (Auto-close tab), as well as a pending buy order, which allows you to make a deal at a price you specify in the future.
How to reset IQ Option demo account?
Since trading on a demo account is associated with much higher risks of wasting a deposit, because it is used by novice traders or experienced speculators to test untested strategies, this happens very often. In such cases, in order to be able to continue risk-free trading, it is necessary to do an IQ Option demo account reset, i.e. to restore the stock of virtual currency on the deposit.
Next to the field that displays the amount of virtual funds on the demo deposit, there is a button "Refresh" - clicking on it leads to the restoration of the initial size of the deposit of the demo account. Many other brokers do not have this option.
Take advantage of this! IQ Option reset demo account does not require additional fees or conditions!
How to switch from IQ Option demo to a real account?
To switch from the IQ Option demo account to a regular account, you need to select the appropriate menu on the top panel of the home screen. Or you can go to the main menu of your profile and change your account there, this is done in a second, so you can alternate working on a real account and a virtual one.
IQ Option demo account FAQ
Does IQ Option have a demo account?
Yes, you can use demo IQ Option. Moreover, you are not limited in the time of using such an account.
Is IQ Option practice account free?
Yes, the IQ Option demo account is completely free. You do not pay either for opening an account, or for replenishing and conducting transactions. You only gain experience and valuable knowledge.
Now you know how to open demo account in IQ Option and you can safely start trading without fear of losing your money. Follow the link below and register for free! Good luck!