ForexTB Demo Account – Opening Process, Charges, Features, Benefits & more
Check out all details about ForexTB Demo Account or Virtual Trading Platform here.
ForexTB was created in 2015 and since then it has gained a huge global audience. It is regulated by CySEC and ensures safe trading for its users.
So, if you are looking for a trustworthy and reliable platform that would help you earn money, this is the platform for you.
The feature of a demo account is available through ForexTB. It makes it one of the premium entryways into the global market of finance and trade.
This enables its users to gain hands-on experience from many devices as per their comfort and that too for free without risking any money.
The platform is supported by a variety of advanced analytics and day-today modernized charts to help their traders plan and strategize.
The demo account makes it easier for beginners to understand the concept of trading and cut the risks that come with investing money online.
People can easily get acquainted with the platform in very little time and engage in trading as per their choice.
ForexTB Demo Account
A demo account is usually a free account type that is available to try and test out the stockbroker’s services.
It is completely virtual and does not need any amount of funds to start trading.
The demo account offers digital currency/ simulated money which the traders can use. Such an account is capable of providing a real-life experience and is a great tool for beginners.
The account thus provided for the comfort of its traders has virtual money that is free of cost.
This makes the real-time experience with zero investment possible in the world of trading.
The best part is that this demo account is accessible on both their MT4 as well as the Webtrader platforms by their demo account users.
So, leave all your worries of losing money while experimenting on ForexTB.
Learn how to buy assets, make trades, and invest money, and much more without any risk involved.
It is best advised to open a demo account and devise trading strategies that earn high profits. Think no more and get started today with ForexTB.
Open Demo Account Now! – Zero Commission on Trades
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ForexTB Demo Account Features
Now that we have acquainted ourselves with the demo account on ForexTB, let us also look at some of its features.
Once opted for, the user is sure to be completely satisfied with the feature-rich platform.
Along with that, keep in mind that a demo account is much like a real account.
Thus, all its features are the same as that of a real account except for the funds involved.
Below let us now look at some of the major highlights of ForexTB’s demo account.
- Opening a demo account with ForexTB is one of the simplest procedures. Just sign up and opt for a demo account.
- The platform works well on all the desktop browser platforms such as windows, android, and Mac. It is also functional and supported by Android and iOs Application platforms.
- The trading platform supports various languages as well which makes it accessible to a large number of audiences. These languages include Dutch, English, German, Italian, Polish, Spanish, and Swedish.
- It is CySEC regulated which ensures safe and reliable monetary trading online and follows all the safety rules and regulations set up for the ease of the participating traders.
- ForexTB supports CFD trading. It allows trading in cryptocurrencies, commodities, indices, and stocks as well. The supported cryptocurrencies are BTC, ETH, LTC, XRP, DSH, BCH.
- The platform provides simulated funds and does not need any initial deposit. Such a feature is not available in a trading account. But the user cannot withdraw any profits earned while using the demo account.
- Analyst views, Daily market analysis, and economic insights help the traders strategize and plan before investing and hence reduce risks.
ForexTB Demo Account Charges
|Demo Account Details|
In this section, we will learn about the charges associated with a demo account.
To trade on forex, creating an account is mandatory. Opening an account usually deducts a fee/ charge and requires an initial deposit to trade.
Not only that, but a live trading account also charges commission and spread charges as well.
All these deductions make a demo account a better option for new investors who do not have the know-how.
But here comes the good part, a demo account does not need any such payments. Along with that, a fixed amount is already deposited in the account.
It is fake money and is spendable by traders to invest or buy assets.
A user cannot use this money for purposes other than trading for practice.
ForexTB offers a demo account with a spendable amount which is variable.
It does not mandate any initial payment to open a demo account.
How to open ForexTB Demo Account?
The procedure for opening a demo account with ForexTB is as easy as it could get.
For the convenience of its users, the option for a demo account is available right there on the website.
Let’s dive into its procedure and get ourselves started with a ForexTb demo account as well.
The below-mentioned steps will help you get a detailed overview of the same and how to open a demo account within a few minutes.
Go to Google and search for the ForexTB website.
On the same website, on the top-right corner, you will find an option saying “Sign Up.”
Once clicked on sign up you could choose the free demo option which will be in the middle screen and then fill in the details as asked.
Fill the form with correct information and details. You will have to enter your name, phone number, and email.
Accept the terms and conditions associated with the account. After checking the box and accepting it, submit the form.
Upon submitting, personnel from the company will get back to you in no time.
In a similar way, E-KYC is also carried out. Provide genuine identity and house details.
Finally, you will receive an email that will include your demo account number. It will also have an auto-generated password and an embedded link to access a personal area.
After verification, you are all set to use your demo account to try out trades and activities on the platform.
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Advantages of ForexTB Virtual Trading Platform
ForexTB is an interesting trading platform that is a great option for newbies or professionals when it comes to trading.
The smart analytics features and daily market research only make it more reliable and helpful as an interface for its traders.
Since you will be investing your money and exposing yourself to risks, it is only wise to be a little careful and know what exactly it offers.
That is what a demo account does for you.
Here we will have a quick look at what all major advantages are there of using a demo account type.
- Having the same interface, features, and assets makes it an almost real experience for the user.
- It takes out the risk of losses or hasty decisions so there is no chance for you to lose any money.
- Many resources and tools are available, making it convenient for the user.
- A user can try or test out a new strategy and analyze the outcome before investing their money in the market.
- Features like market analysis, daily live charts help in understanding the market better.
- It is a great way for beginners to explore and gain confidence in their tactics, strategies.
Keeping in mind the above-mentioned benefits, have a demo account opened today.
ForexTB Demo Account – Conclusion
Now that you are well aware of all the benefits and advantages that come with a demo trading account, you shouldn’t wait any longer.
In today’s world, every other person is able to realize the importance of trading and investing money to further grow their savings.
In such a case, there cannot be any other platform better than ForexTB and provide excellent services as well.
Hopefully, we have provided enough information for you about the demo account and how it works. It is always better to test and run before the actual match.
Not only does a demo account provide a big deposit amount, but it also is free of costs.
To make the most out of trading on Forex, one must definitely use this free opportunity.
So, start trading using a demo account today.
Once equipped with all the necessary knowledge and exposure, open a live account.
ForexTB is one of the best in the market and is sure to bring you the best.
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ForexTB Virtual Trading Account – FAQs
Here is the list of FAQs related to the ForexTB demo account:
Does ForexTB provide a demo account?
Yes, ForexTB provides a demo account along with other types of trading accounts. It is free of cost and targets new traders by providing them great growth opportunities.
It offers the same features and tools and also provides a variable amount to trade.
Also, it brings a great opportunity for beginners to practice.
How to set up a ForexTB demo account?
Opening a demo account on ForexTB is an easy process. Go to the official website and click on ‘Sign Up.
Choose the Free Demo option and fill the form submitting all details necessary. Once done, go through the KYC process and verify details.
You will receive the account’s credentials via email.
Is ForexTB virtual trading platform free?
Yes, the ForexTB demo account is free of cost. The other account types include payment of charges, commission, and spreads.
But the demo account does not charge anything from its users.
What are the fees of the ForexTB demo account?
There is no fee involved with a demo account on ForexTB. It is free of any costs.
All the trading tools, options, and services available are free of any charge.
There is no least deposit rule and anyone can get a demo account opened.
It allows availing all features of a trading account without incurring any expenses.
Is AMC levied on the ForexTB trading platform?
No, ForexTB does not charge any AMC on its demo account.
For a demo account, one need not pay any sort of charge. It does not ask for an opening fee or any maintenance fee either.
A user can open an account by filling out a form and can start trading with ease. For other account types, an inactivity charge is deductible.
Is the ForexTB demo account the best?
Yes, the ForexTB demo account is one of the topmost stockbrokers in the industry. It provides a wide range of assets, minimal charges, and competitive leverage.
The demo account includes live charts, market analysis, daily updates, and a lot more.
With everything best in one place, ForexTB holds a name for itself in the market.
What documents are required for the ForexTB demo account?
While opening an account, a user must provide some documents.
It can include government-oriented documents, identity proof, address proof, ID cards.
It would be helpful to keep these documents handy while opening a demo account on the platform.
Is PAN required for opening a ForexTB account?
Yes, the broker requires you to provide residence, identity proofs.
At the time of opening an account, the broker may ask for necessary documents.
Keep your PAN card ready to go through the KYC and verification process in a smooth way.
Does ForexTB charge demo account opening fees?
No, ForexTB does not charge any opening fee for a demo account.
There aren’t any types of charges involved with the demo account. It is free of cost and does not need any payments.
How much virtual money do you get in the ForexTB demo account?
The platform provides virtual funds that can vary in amount to carry out trades.
But the amount is enough to buy many assets and understand the working of the platform.
You can learn to carry out many transactions at a time and explore the world of forexTB with any risk.
Open Demo Account Now! – Zero Commission on Trades
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