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If you are reading this article, you’ve already made a good choice because 24Option is the most reputable binary options broker at the moment. There is really no reason why you shouldn’t register an account there, because it is the best broker site to get started with online trading.

24Option Demo Trading Accounts

Before risking your own money, you should always open a demo account first to get accustomed to the trading platform/software and practice trading binary options. This is really important, because you should know all the features and options before trading with real money. The 24option demo accounts are free to all traders.

Demo accounts are a great way to try out new ideas and crazy binary options trading strategies. With such an account you won’t risk your own money and you can try out all the different types of trades. Most people opt for the free demo account first.

The difference between a 24Option Demo Account and a real account is that with the demo account you will use “virtual money” for your trades. You can trade anything 24option has to offer but you will not be able to profit and make real money this way.

The purpose of demo accounts is to get to know the site and platform better, without losing any money. You can also see how much money you would have made or lost if you used a certain strategy or trade with real money.

How to Open a 24option Demo Account

First of all, you will need to register an account with this broker, by filling in your personal info on their official website. You should use your real information, otherwise you risk being banned from the site or you will find yourself explaining the situation to the support team when you try to withdraw your money. Registering an account is very easy and it takes only 1-2 minutes.

A first deposit of at least $250 is required to get a demo account. Don’t worry, you don’t have to use this money in order to get started with the virtual trading.

You can even withdraw the money you’ve deposit, without doing any real money trades. This means that you will risk $0 if you try out the demo and think that 24option is not for you. The deposit is the single requirement to get a virtual account.

This broker is not the only one requiring a first deposit before giving you access to the demo version. This is just a strategical business decision by most brokers to make sure that only serious traders join their websites.

Conclusion

24Option is know for their user friendly and simple interface and their stellar customer support is very appreciated by traders. With a minimum deposit of only $250 you can get started with 24Option and you can try out their platform with the demo account. If you are new to binary options you definitely need to try out the demo version first. 24Option offers a variety of trades including 60 second binary options, one touch and boundary trades.

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