Free Binary Option demo account
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Welcome to your free binary option demo account. Many websites and broker offer demo accounts. That most of them expecting to deposit real money is a big disadvantage. We are not a broker, hence we take no money from you. That you are cannot be sure to receive real data in a broker account is another problem. We have no interest to let a bad trade looking like a winner. This binary option demo was created to help you to start and test without having any risk.
To make the start easy as possible, can you use the binary option demo account without registration. When you visit it not logged in, a new temporary account is created and authenticated with a random key in your browser cookies. This account become deleted after around 30 days of inactivity. After clearing your cookies, you lose your access to your trading account. In this case become a brand-new account created on your next visit. To keep your account forever (no deletion in the case of inactivity and no storage in your cookies) create a free account within two minutes.
Classic binary options
Classic binary options are very easy to understand. First select the asset of your choice from the list right. Current are many regular-in-regular and encrypted-in-regular currency pairs supported. Each option has a fixed expiration time. Select the expiration in the combobox on the top. Current are the next five quarter of a hour available, but the minimum duration of a trade are five minutes.
Next to the expiration date is the text form for your investment amount. The minimal investment per trade are $25, like on most brokers. Please keep your money management strategy always in mind, it is recommend at most five percent of your deposit. This are $1.000 with the initial deposit of $20.000, but $25 are still enough, because the payout is relative to your investment.
The payout of real brokers is dynamic, in this demo is it limited to 180 % for regular currency pairs and 160 % for encrypted currencies. This is a good average. To place a trade press the CALL button if you think the price will be higher or the PUT button if you think the price will be lower.
The best of classic binary options is the simple determine of wins and loses: You win (called In the money), when you placed a CALL trade and the price is at the expiration date higher than the price at the moment when you placed the trade (called strike rate) or if you placed a PUT trade and the price is below your strike rate. When the price closed exact at your strike rate, you get your whole investment back (called At the money), else you lost (called Out of the money) the trade.