CMC Markets Demo Account – Opening Process, Charges, Features, Benefits and more
Last Updated Date: Nov 16, 2022Know everything about CMC Markets Demo Account or Virtual Trading Platform here.
You combed through the internet world, watched tutorials for significant hours to learn more about trading.
Perhaps you might have even invested in the study material, but when you were up to start trading at CMC Markets, you stepped back.
Why? Because you are a bit concerned about your decision of getting started with CMC Markets. But there’s nothing to worry about because the CMC Markets Demo Account keeps you sorted.
Without spending a single penny, you get a rough idea of how trading in a real trading account works.
Let’s cover more information on CMC Markets Virtual Trading Platform, aka demo account, in this discussion below.
CMC Markets Demo Account
CMC Markets Demo Account is a great way to get the prompt answer for any budding queries you have in mind regarding trading.
The forex broker for a generation has been operating in the world’s largest financial sector.
Perhaps you might have also got to see some positive reviews on CMC Markets.
After all, this UK-based brokerage firm has been renowned worldwide as the best CFDs and Forex trading platform.
Nevertheless, there are lots of things that restrict beginners from giving a quick try.
If you are also a bit confused about your decision, leave everything aside and get into the CMC Markets Virtual Trading adventure.
Virtual Trading account by CMC Markets shares more profound and practical experiences with its users.
At zero risk, you understand the depth of the market and feel confident about getting started with a real trading account. In the discussion next, we will discuss more on demo account features and benefits.
Open Demo Account Now! – Zero Commission on Trades
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CMC Markets Demo Account Features
There are some prominent features in the demo account, with the help of which, CMC Markets yields some smartest and professional traders.
If you also want to be the next one, get your eyes on this CMC Markets Virtual Trading Platform feature that makes you master in trading and gives you a leading edge in the market before you get started.
Quick Guide & Tutorials
Before you get started, they take you on a quick tour to help you get a better understanding of demo account features and functions.
Apart from that, you can also access some informative tutorials on the go.
Virtual Funds
Your virtual experience becomes more realistic with virtual funds.
Earlier, $5000 virtual currency was offered to the users in the demo account, but these days, the broker has extended the virtual currency amount up to $10,000.
This means you can trade any asset in any volume for practice.
Mobile Demo Account
Not along with desktop users but mobile users too can reap the benefit of demo accounts through CMC markets mobile trading account.
Trade A Wide Range of Assets
You can trade multiple assets in CFDs through a single portfolio. But it’s worth noting that the broker doesn’t provide real-market prices in the demo account.
Trading Features Available
You can access some of the coolest trading features on one tap, be it technical indicators, charts, or risk management tools.
The broker offers you every essential feature in its demo account to add more advantages.
CMC Markets Demo Account Charges
| Demo Account Details | |
| Virtual Money | $ 5000 |
| Charges | Free |
It’s always helpful to first put your trading skills to the test before diving into the real trading environment.
Daily, millions of newbies lose millions of dollars on a first try without knowing exactly how trading activities are aligned with market behavior.
Though this is something that can only be grasped from practical training in which the CMC Markets Demo Account helps you a lot.
You can access the demo account for free; the broker imposes no charges over users who want to use the demo account.
Even though a user is stuck to a demo account for a considerable time and hasn’t accessed the live account yet, the broker has no issues with that.
No matter how far you wish to use the demo account, you can keep going as no question is asked.
How to open CMC Markets Demo Account?
Before getting your feet wet and ending up putting your investment at risk, gather some practical knowledge via CMC Markets Demo Account.
However, you must consider using a demo account since it’s more than just a virtual platform.
You can’t view it as a game for traders because the demo account is a comprehensive suite of learning how to trade and how to grow with CMC Markets.
No matter if you are an expert or a beginner.
If you want to kick-start the best trading journey, follow these steps of opening a CMC Markets Virtual Trading account and get a free trial of CMC markets’ live account.
- First, give your valid email address and set a strong password (since you will be using the same sign-up details for a live trading account, so be cautious.)
- Secondly, verify your email address by logging in to your G-mail account
- Create your free demo account
- Explore what is included inside the demo account thoroughly
- Practice Trading with $10,000 refillable virtual currency
Watch tutorials for ease of access shared by the broker. The process of accessing a demo account is the same for mobile users too.
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Advantages of CMC Markets Virtual Trading Platform
The benefits of using the CMC Markets Virtual Trading Platform are enormous.
Though the benefits linked with the Demo account are always great irrespective of the brand or brokerage firm you want to start trading with.
Nevertheless, if we had to talk about the major benefits of using this demo accounts, these are as follows.
- You access the demo account free of cost
- Demo account mimics live account for a real experience
- You initiate a risk-free trade in a virtual environment
- Quick guide and free tutorials are an added advantage
- Access features, indicators, charts, and tools like real account
- A virtual currency of whopping $10,000
- Refill money with one tap when used up
CMC Markets Demo Account – Conclusion
The benefits that come along with CMC Markets Demo Account are totally insane.
The most notable factor that attracts beginners to use a demo account is that you can access it for free.
All that you need is, give a valid email address to the broker and get instant access to a demo account.
You can practice almost every trading move on the go and learn more about trading through the best angle using a Demo account.
In addition, it’s worth noting that CMC markets don’t share real-time insight into the market if you are trading CFDs shares.
If you want to switch to a live trading account, then consider not relying on a demo account.
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CMC Markets Virtual Trading Account – FAQs
Here is the list of FAQs related to the CMC Markets demo account:
Does CMC Markets Provide Demo A/C?
Yes, CMC Markets provide a demo account that anybody can access by giving a valid email address to the broker.
The demo account features almost every essential function, which makes your practical learning relatively more gainful.
How To Set-Up CMC Markets Demo Account?
It’s easy to set up a demo account for free. All it takes is a valid email address and Google account verification.
Thereafter, with a simple sign-up, you access the demo account for free. Explore the interface properly.
Leave nothing and enjoy practical learning.
Is CMC Markets Virtual Trading Platform Free?
Yes, CMC Markets virtual trading platform is free.
Users can access the demo account without paying anything to the broker.
Moreover, there’s no set-up fee or security deposit asked by CMC Markets.
Also, the broker never asks you for submitting fees if you are on a demo account for more than a month or a year.
You can use the demo account for how long you want without paying a single penny.
What Are The Fees Of the CMC Markets Demo Account?
CMC markets demo account usage is exempt from fees or any other charges. Users can access the demo account for free.
The broker neither asks you for set-up fees nor any security deposit. Simply give your email address and get instant access to the demo account.
Is AMC Levied On CMC Markets Virtual Trading Platform?
No, there’s no Account Maintenance Fee levied on CMC markets virtual trading platform.
Beginners can use a demo account free of cost for as long they wish to use it.
The broker charges nothing from traders if they are just using a free demo account.
Is CMC Markets Demo Account The Best?
CMC markets demo account is the best account since you receive every feature and function right on the interface, which builds a real-life experience.
Nevertheless, the demo account faces backlash because the broker doesn’t share real market prices for training in the demo account.
What Documents Are Required For CMC Markets Demo Account?
You can access the CMC markets demo account free of cost, and meanwhile, there’s no need to qualify for a documentation list.
Through a valid email address, you can start using the demo account for free.
Is Pan Required For Opening CMC Markets Account?
Pan card is mandatory if you want to open a live trading account at CMC markets.
On the other hand, if you are using a demo account, the pan card isn’t mandatory.
You can access the demo account with a valid email address only.
Does CMC Markets Charge Demo Account Opening Fees?
No CMC Markets charges zero fees for account opening.
You can log in to a demo account with an email address and kick-start trading for free without worrying about the charges that don’t exist.
How Much Virtual Money Do You Get In CMC Markets Demo Account?
CMC markets offer $10,000 virtual money in its demo account that is refillable once used up.
However, the exact figures for virtual currency can fluctuate over time depending upon CMC Markets policy for free or demo account users.
Open Demo Account Now! – Zero Commission on Trades
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