List of free binary demo accounts - no deposit required
We have personally tried 10 free virtual accounts
Free virtual accounts were not so popular in the binary industry but now many brokers make a step forward and give traders free access to their platforms.
List of Virtual Accounts
BinaryTilt Demo
Experience for free trading High/Low options and Range options on a MarketsPulse trading software. After five days of demo trading you can easily switch to a real account if you are happy with your performance on the financial markets. Both the demo and the real platforms give you full control and risk management of your investments.
67option Demo
It is a small platform offering only short term options – 60 seconds and 5 minutes. The bright side is that they offer an unlimited account: every day $50 re-load. The smallest trade is $1.00 so you can execute at least 50 trades a day. The good point is that you can follow history on your trades – you can trade EUR/USD, GBP/USD, EUR/JPY, AUD/USD and many more Forex pairs.
OptionTrade Demo
We needed some time in the Live chat to login into this account but at the end we were all good. The problem here is the SpotOption software which is a bit slow and I was not really sure if all prices are delivered in real time. Besides that it is a good fact that practically it is an unlimited virtual account as long as you keep your balance positive.
It is a digitals options platform with both High/Low and Above/Below options. Traders can easily switch between different options. This is the only demo where one can try boundary strategy as this is the only demo where boundary options are to be found. The virtual balance is unlimited but you can’t actually follow it because it is not displayed and we see this as a big disadvantage.
CToption Demo
To get this demo you have to spend some time in the live chat. You need to have two different e-mails – one for the real account and another for the demo. Explain to the support which e-mail you want for the demo and they will credit it for you - $5.000. Not really useful demo account as you can trade only for 48 hours. After that you need to make a deposit if you want to continue in virtual mode.
OptiNova Demo
Demo widget for High/Low options and Short Term options – no registration is required to try the demo trading. You can invest up to $5.000 on each trade and wait for the expiry but the problem is that you can’t really follow history on your trades. This little fact makes it useless for testing strategies and systems.