OptionBit demo account

5 stars based on 51 reviews

OptionBit offers a range of advanced trading tools for a successful trading experience. All tools are available when trading currency digital trades only. You will be able to activate and use the trading tools starting five minutes after entering the trade and until 10 minutes before expiry.

This broker also offers mobile apps compatible with Android and iOS platforms to enable trading on the go. All the platforms are web-based and there is no need for any download or installation for trading. Your money is safe with this broker as it uses the bit SSL security system Secure Socket Layer to protect your funds.

OptionBit offers a dedicated training program to help traders trade successfully. You can opt for training over live chat or phone as per your convenience. The training sessions are optionbit review binary option broker with free demo accounts, conducted between the trader and the market analyst assigned to his account. OptionBit offers the following trade types: OptionBit is one of the top 20 Binary Options Brokers products.

It's important to keep in mind that hardly any service in the Binary Options Brokers category is an ideal solution able optionbit review binary option broker with free demo accounts match all the goals of various investors. It may be a good idea to read a few OptionBit reviews first as some solutions can actually dominate exclusively in a specific geography or situation or be created with a very specific customer in mind.

Others can work with an idea of being simple and intuitive and therefore lack complex functionalities desired by more experienced users. There are also services that focus on a broad group of customers and give you a rich feature toolbox, however optionbit review binary option broker with free demo accounts usually comes at a higher cost of such a service.

Make sure you're aware of your needs so that you pick a service that provides exactly the elements you search for. The data is then presented in an easy to digest form showing how many people had positive and negative experience with OptionBit.

There are also other bonus offers and daily rewards. Plus, traders get a chance to be included in the VIP program which offers free, unlimited personal training with an expert, fast withdrawals, bonuses, and free daily market updates. As OptionBit is based in Cyprus it confirms to the requirements and regulations stipulated by the Cyprus Securities and Exchange Commission.

This broker has been focusing on improving the quality of its service to expand its foothold in the binary options trading market. This indicates OptionBit is a reliable broker. Leave this field empty. In order to ensure high-quality of our reviews we'll have to verify your email address. Please insert your email address below. A verification email has been sent to the address you provided.

Please click on the link in that email to finalize your review optionbit review binary option broker with free demo accounts. Page last modified 5 months ago. Unlimited access to commodities, currencies, and other markets Wide variety of account management tools No commissions or hidden fees Reliable round the clock support All the platforms are web-based and there is no need for any download or installation for trading.

The training sessions include the following topics: General introduction to financial markets Fundamental analysis Technical analysis Trading strategies Indicators The training will continue for as long as the trader feels he needs it.

Pros User-friendly interface Reliable multi-lingual support The Extend or Close now feature allows you to lock in your profit close now or increase your profit by extending the expiry time of your trades. Autotrading allows you to automatically roll over your profitable positions. You can use this feature to benefit from a momentum without being glued to the screen.

Cons No live demo account for testing No money back for out-of-the-money trades Platform type: OptionBit provides hour customer support. Place Trades Over the Phone?: OptionBit offers four types of trading accounts: Position of OptionBit in our main categories: No Bonus for First Deposit: Write a Review A good review is: Both detailed and specific Consider writing about: Thank you for submitting your review!

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For traders, a free demo account makes a lot of sense. Brokers should also be proud to show off their platform and customer service, so traders should be able to use a demo account without deposit and with a simple sign up process.

Likewise, as a prospective binary options trader, the demo account gives you the opportunity to put the platform to the test. Can you make sense of it? Does it feel right? These are the questions you need answers to before you hand over your cash. Here, we take a close look at binary options demo accounts; how they can help you and what to look for as you decide whether to move on from the demo to the real deal….

Losses and gains are credited to this virtual, dummy balance. So is it always safe to sign up? At the very least, the process tends to involve submitting your email address and specifying a user name.

What can you glean from independent reviews of the site? Where is it based? What do actual users have to say about it? Be especially wary if the demo sign-up process takes the form of a data-mining exercise — i. At heart, binary options demo accounts provide the chance to test-drive the platform. So here are the areas to focus on as you put the platform through its paces….

As such, it should ideally be fully representative of the live platform in terms of access to all features. This is useful both for the novice trader, but also for more experienced users looking to ensure they are trading with the best provider. It is of course, possible to have accounts with different brokers to ensure the best payouts on specific assets and trades.

The idea behind most demo accounts is that you see the results of your simulated trading activity reflected in your virtual balance. Likewise, if the live account features a returns slider, that slider should work in exactly the same way on the demo as on the real thing.

As a novice in this area, you may be weighing up binary options alongside other forms of trading. As well as reading around the subject, signing up to no-deposit binary options demo accounts can be a useful method of hands-on research. Binary options demo accounts provide a risk-free environment to explore new areas.

From indices through to commodities and individual shares, the demo should ideally provide access to all assets available on the live version, giving you scope to experiment. Some brokers provide access to a wealth of educational and instructional resources — suitable for novices and more experienced traders alike. A range of brokers focus on user education, featuring an introduction programme, a range of seminars and various guides.

Likewise, if you are still honing a strategy, a demo account can be invaluable for putting it to the test. IQ Option will even allow you to back test trading strategies on the demo account or even test robots in real time. Many platform providers claim to be able to keep you in the loop — where ever you are. An alerts system can certainly be invaluable in keeping you up to date with changing market conditions and informing you of new opportunities.

So the demo account lets you see just how useful such a service really is — as well as allowing you to test out the mobile-friendliness of the platform. A growing segment of the demo account picture is for the full trading app experience to be available via a demo account app. The brokers who have taken the time to make this available, are more likely than not to have the better trading platforms — after all, they have gone to the extra effort of making sure as many people as possible see it.

Given the benefits of a demo account, it might be worth paying a deposit, particularly if it is a brand you want to check out — but tread carefully. In some cases, the initial deposit can trigger a bonus, which may impact withdrawal limits. In most cases, a demo account will not require a deposit. The broker should have enough faith in their platform that you will not look anywhere else after trying theirs.

Those that impose restrictions such as needing a deposit, or large amounts of sign up information perhaps do not have as much confidence in their offering. Some brokers will promote competitions and contests among their demo users. These contests come in many guises but often carry real money rewards — another step in hoping traders make the move to real money. These contests are just another marketing tool for the broker, but offer traders a good incentive to stay active.

No deposit is required to enter so there is no risk for the trader — and they can be a lot of fun. A demo account should be a risk-free, no-obligation way of testing a platform. The very best demo accounts are free, exactly the same as the real platforms, and not time limited. Is binary options trading for you? Demo accounts as part of your education Some brokers provide access to a wealth of educational and instructional resources — suitable for novices and more experienced traders alike.

Apps A growing segment of the demo account picture is for the full trading app experience to be available via a demo account app.

Demo Contests Some brokers will promote competitions and contests among their demo users. Finding the Best Accounts in Germany A demo account should be a risk-free, no-obligation way of testing a platform.