Ingot Brokers Demo Account – Opening Process, Charges, Features, Benefits & moreLast Updated Date: Nov 17, 2022
Check out all details about Ingot Brokers Demo Account or Virtual Trading Platform here.
Founded in the year 2006 by Alfredo Flores, Ingot Brokers is an exclusive multi-asset trading company that aims at making financial marketing readily available to traders of all kinds.
Professionalism and transparency are the main driving force of the company thus helping the company develop a good quality trading system.
Like most of the other trading companies, Ingot Brokers has developed a demo account or a virtual account for all the traders.
Ingot Brokers Demo Account
Ingot Brokers is a popular Australian broker and over the years it has diversified its area to MENA, Asia, and other countries that include New Zealand, Bahrain, and Switzerland.
The traders are allowed to trade on over 1,000 financial assets that include Forex, and ISIS, shares, trades, and commodities.
This helps all the traders create a well-balanced investment portfolio. With over a decade the experience, the company processes to provide a trustworthy and reliable service for all the traders.
The company has also developed a well-trained and expert customer service that is available 24×5 around the clock.
Ingot Brokers also protects its clients from a negative account balance which is always a management tool that guarantees that the client money never goes below zero.
The company is regulated and monitored by the ASIC which is the Australian Securities and Investment Commission.
The demo account will help the traders sharpen their trading skills and later use this skill to gain better efficiency.
With the help of the demo account, the traders can also point out their weak points.
Whenever you are using the demo account developed by Ingot Brokers you will have unlimited access to all the exclusive features of a live trading account, this makes the virtual account a training module.
The demo account or the virtual account is available for all the traders free of charge.
This simply means that anyone who has a registered account with the company can use the demo account free of charge.
The Ingot Brokers demo accounts are one of the best options or places where you can practice trading in a risk-free environment.
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The traders are allowed to try out various strategies and plans whenever they are using the demo account.
They develop better trading policies and also unique strategies.
The demo account has been loaded with dummy money or virtual currencies.
There’s a specific amount of dummy money that can be added at a time.
The amount of virtual currency can also be increased upon request to the authority. So the traders can practice trading and get to know more about the market using this virtual currency to trade in the demo account.
The traders are also allowed access to Ingot Brokers’ virtual trading mediums so that they can practice better.
Open Demo Account Now! – Zero Commission on Trades
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Ingot Brokers Demo Account Features
Now, as some of the details about the demo account have been discussed, you must also learn about some of the exclusive features that they provide.
- The demo account is a replica of the main trading account that INGOT BROKERS provides. This means that the traders are allowed to monitor and view the forex market, complete transactions using virtual currencies. The traders are also allowed to monitor and edit all the pre-existing orders in the demo account.
- The demo account also helps the users learn how to invest in the forex market without any minimum trading balance. You must learn this process to get to learn better about successful trading accounts.
- The traders who have registered themselves for the demo account are also allowed to access various investment options and all the trading instruments with the help of this demo account. The traders are also allowed to place various types of orders using multiple trading instruments.
- The demo account is completely trustworthy and helps the trader learn the process of trading properly
- The users will also have access to various types of virtual trading platforms along with the various trading instruments.
Ingot Brokers Demo Account Charges
|Demo Account Details|
In the section of the article, we would be discussing the various charges that are linked to the demo account provided by Ingot Brokers.
Some of the popular trading companies are known to charge various types of fees or commissions whenever a trader uses some of their features.
These charges vary depending on the type of account that the user is using or on the instrument that the user is using.
However, Ingot Brokers do not charge any extra amount whenever a user uses the demo account.
In other words, whenever you opt for a demo account after registration, the company offers all the services free of charge.
The demo account has been loaded with all the premium and exclusive features that are available on the live trading account.
As no extra charge is valid, the users can use all the premium tools, trading instruments, and various other features free of charge.
This helps the traders get to know more about the company, the features, and the trading tools, before first stepping out into the real market.
How to open Ingot Brokers Demo Account?
The demo account is a necessary step that is required for all beginners to get accustomed to the training process and so that they do not lose any funds.
Now we will be discussing the steps that are required to open a demo account with the company.
- Firstly, you must navigate to the official website of the company, find the demo account tab and click on open a demo account.
- You will be redirected to the application page where some necessary details like name, calling number, address, email, business type, and various other features will be asked.
- After filling out the correct details you must click on submit.
- Now you’ll be redirected to the KYC verification page where your identity would be verified. The verification process is quite simple and you only need to upload a scanned copy of a government authorized identity card.
- After successful verification, a demo account will be opened in your name and the details and the password would be sent to your email address.
- Now you can download any trading platform or any mobile application provided by the company and sign in with your demo account.
- Upon activation of the demo account, a certain amount of currencies would be added.
- Now you can practice trading with these virtual currencies and all the premium tools.
- Remember to change the password after successfully logging in for better security.
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Advantages of Ingot Brokers Virtual Trading Platform
Some of the exclusive advantages and benefits of the virtual trading platform provided by Ingot Brokers are:
- Everything regarding the live trading account and all the details can be checked with the demo account. All the exclusive features of the live trading account are available on the demo account.
- The traders would get to know a lot about the Forex market, The trading instruments, the process of trading, ways of funding, and various other things.
- With virtual currencies, the traders can practice out various strategies or develop better strategies. The users can also find out the loopholes in their trading process.
- Exclusive charts and customized indicators can also be tried out in the demo account.
- One of the best parts of the demo account is that the traders won’t be incurring any losses as no real money is involved.
Ingot Brokers Demo Account – Conclusion
Now as we have discussed everything that is known about the demo account, you can easily decide whether you want to opt for the demo account or not.
The demo account can be directly opened from the official website of the company and can be accessed from the trading platform.
All the beginner-level traders can practice out various strategies and get to learn more about the trading market from this virtual account.
The traders who have registered themselves with the company are allowed to trade on one of the strongest trading platforms like the MetaTrader 4 and the MetaTrader 5 trading platforms.
MT4 is the most popular trading platform thanks to its innovative technology. A lot of inbuilt technical tools, flexible trading system, and expert advisor feature is also available.
The Liberty charged for the standard account may get up to 1:400 for all the major currency pairs filed for the ECN account; the leverage is up to 1:200.
The spread amount and the commission charges vary depending on the type of account that the user is trading on.
The spread amount starts from 0 pips and the commission for ETFs starts from $35 or in Future trading starts from $10.
Various types of funding methods or payment methods are provided by the user that includes bank transfers, Neteller cards, and Skrill. The minimum deposit is only $100.
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Ingot Brokers Virtual Trading Account – FAQs
Here is the list of the FAQs related to the Ingot Brokers Demo Account:
Do Ingot Brokers provide Demo a/c?
Yes, the company has developed a demo account or a virtual trading account for all the users who want to practice out trading.
This demo account is exclusively beneficial for all beginner-level traders who want to get accustomed to the trading market.
How to Set up an Ingot Brokers Demo Account?
To set up the demo account you must visit the official website, click on the open a demo account tab, fill out the application form, complete the KYC process and your demo account will be opened and the password will be sent to your email address.
Now you can download the trading platform and enjoy the demo account.
Is Ingot Brokers Virtual Trading Platform Free?
Trading on the Ingot Brokers Virtual Trading Platform is completely free. No extra cost or hidden cost is there whenever you are trading on the virtual trading platform.
This makes the trading platform one of the most preferred ones in the market.
What are the Fees of the Ingot Brokers Demo Account?
No extra commission charges or fee is required whenever you are using the demo account. All the explicit features can be simply used free of charge.
The demo account is just like a training module.
Is AMC levied on Ingot Brokers Virtual Trading Platform?
No AMC or account maintenance jobs are valid whenever you are using the Ingot Brokers Virtual Trading Platform.
All the necessary features can be used without any extra costs.
Is the Ingot Brokers Demo Account best?
The demo account provided by the broker is considered to be one of the best as all the exclusive features can be used, of course, the account opening process is easy and virtual currencies are available for use.
What Documents are required for an Ingot Brokers Demo Account?
Some of the documents that are required:
- PAN card
- Passport or driving license
Do Ingot Brokers Charge Demo Account Opening Fees?
No opening fee or security deposit is required whenever you open a demo account with the company.
However certain charges like swap charges or trading charges might be valid whenever you use the live trading account.
How much Virtual Money do you get in an Ingot Brokers Demo Account?
Whenever you login into the demo account, you will get a certain amount of virtual currencies or dummy money.
The amount can be increased upon request of the company.
Open Demo Account Now! – Zero Commission on Trades
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