Replicate binary options trading platform demo account
I should say from my experience this is not really easy to manage as it requires mind games and practice. The trick is to trick your mind that this money was actually real and you had been working hard to earn them.
Imagine that this money was your salary and you could not afford to just squander it in the next 15 min expiry. The best is to stay calm and to keep your emotions low — this way you are more likely to make the right decisions. Too much fireworks or hitting your PC will not work in your favor — you have to be emotionless as much as possible. The article is written for informative purposes only and it is not financial advice.
The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government entities or stocks.
Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. Skip to main content. Demo account vs Real account — how to start trading? You are here Home. Select rating Give Demo account vs Real account — how to start trading? Psychological difference between demo and real. Why demo account is recommended for beginners?
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Are you thinking about opening up a binary options trading account with HighLow? If you want to use this broker, we recommend that you first try out the HighLow demo account. This will give you a thorough idea of what the real money platform is like in real time.
While demo trading cannot completely replicate what real money trading is like, it is always the best place for you to begin when you start trading at a new broker, regardless of how much experience you have in the binary options business.
Your capital is at risk. Binary options trading is a high risk endeavor , and giving yourself every advantage you can is one of the simplest ways to improve your chances of being profitable. HighLow has a lot to offer traders , and getting a feel for their platform by demo trading will give you a better idea of whether or not you can be successful here.
HighLow is a binary options broker based out of Australia. Because of the fact that they are in Australia , many traders will not be allowed to use their real money services. This includes traders from the United States. However, anyone can use their demo platform as it is free to use, there is no signup required, and you can use it directly from their webpage. If your country recognizes this governing body as a legitimate authority, then you are free to use HighLow without issue.
If you have any questions, this is something worth looking further into. The HighLow customer support team is always willing to help out, if you have any questions or concerns about this broker or using their services.
Their support hours are am to am AEDT. The HighLow demo account comes with all of the features that the standard real money platform has. You can trade the same assets and the same types of trades, but without risking real cash. This includes the standard call and put options, which HighLow aptly calls high and low options.
It also includes high and low options with a spread, on demand trades, and on demand trades with a spread. Spread trades are very different than what most people are used to.