Free CFD demo account
|ID||Asset||Entry date||Expiration date||Strike rate||Direction||Investment||Current rate||Potental payout|
Why should I use this demo account?
Welcome to your free CFD 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 and you are not our customer, 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 CFD demo account was created to help you to start and learn CFD now without any risk.
Do I need a free earn-money.today account to start with the online CFD demo?
To make the start easy as possible, can you use the CFD demo account without registration. When you are not logged in, your new personal guest demo account get 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.
Trade Contract for Difference in the demo account
Contract for Difference (CFD) is a trading offer and a derivative of the type “Total Return Swap”. You buy not direct an asset on an exchange, but predict only on the price. That means, you will not own the underlying asset, you get just a payout depending on the price movement. Most Broker support a very big spectrum of CFD assets, like currency pairs, crypto currencies, stocks, indices, resources, futures and may much more. This demo account supports current currency pairs and cryptocurrencies.
CFD has many advantages, compared with the direct buy. A big advantage of CFD is, that you can trade in both directions: You can bet that the price will rise, but may that the price fall too. A trade for rising price is called long, a trade for falling price short.
Another great functions that makes CFD better than buying assets is the leverage. This allow to manage your risk. When you for example buy an asset at the price of $10 with an investment of $50 5 times and sell it at the price of $20, did you double your portfolio to $100. With a CFD leverage of 1:2 quadruple your profit in this case really to $200! On the other side will this double your lost and you lost your whole investment already, when the price of the asset reaches $5. Contract for Difference could be very profitable, with the leverage is it no problem to choose your own perfect risk management.
Take Profit is the price level, when your trade close automatic after earning enough money. It is relative to your investment and current at least 25 %. The Stop Loss is the level when your trade close after it moved too much against your prediction and current 100 % of your investment. In fact is the Take Profit the same as Stop Loss, like Support and Resistance. The names just swaps depending on you predicted price movement direction.
CFD are usual hold over some hours or may days. Strategics over month are possible but usual not used. The price could change overnight and weekend very strong, and most broker charge fees for holding a trade overnight. This demo account current doesn’t implement fees.
Send your improvement suggestions and opinions about the CFD account
This CFD demo account is current in the beta phase and under active development. Please send your feedback to the platform using the Ticket system, direct per mail to [email protected] or use the contact form. Nevertheless, write us if you need any help, for example with a strategy or a signal generator. And don’t forget to see the live in the YouTube channels. A mobile version is current still in development.