Trading binary options can be a little overwhelming at first, especially if you’re not too familiar with the basic concepts of trading. That’s why some starters tend to make wrong decisions when they begin trading in real time, which usually results to profit losses. This is the reason why some binary options brokers offer free demo accounts for each starter to try. Luckily for you, the OptionBit demo account is readily available to all new traders who want to spearhead their trading career with us.
We at OptionBit believe that everyone has the right to experience our trading platform first before they begin doing live trades. We give prime importance on the investments they may lose due to improper use of our trading platform and tools. With this, our demo account serves as a gateway for a more profitable world that awaits them. After all, we’re proud of the simplicity and professionalism of our platform, so we’re confident that new traders will have an easier and more comfortable time using it.
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Our Option Bit demo account provides the actual simulation of live trading, complete with assets and trading tools. Every trader who uses our free demo account will have $500 automatically loaded in their credits, which they can use as their investment amount for every trade they wish to make. Starters can choose from our long list of assets that include Google shares, oil, Forex, and FTSE 100 FUT among many others. They will also have the freedom to choose the up/down, range, and touch trading options when using the free demo account.
Once an asset and option have been chosen, you can experience the actual feel of trading digital options. Live graphs showing current market behavior will be projected on the platform as you wait for the expiry time to find out whether your contract will end in-the-money or out-of-the-money. If you have made the correct prediction, you can earn a high payout as high as 81% on a single trade, and your profit will be instantly added to your credits. However, a significant decrease in your funds will be realized if you have made the wrong call. But with OptionBit’s cash back system, you can expect a return of up to 15% for every trade loss.
The demo account is also loaded with OptionBit trading tools. Use these tools to learn how to maximize your profits and minimize risks. The available tools in the OptionBit demo account include the Extend and Close Now features. When you’re using the demo account, make sure to take advantage of the tools so you will already know what best to do during crunch time.
Our free demo account is only valid for 30 days, so never miss an opportunity to use it. Once the period expires, you will be prompted to make your initial investment so you can begin trading digital options in real time. Keep in mind that the $500 previously deposited in your demo account will no longer be carried over to your real-money account.
Make the most out of our demo account so you can be the best trader you can be. With OptionBit, you can easily boost your investments in just a short period!