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Forex.ee Demo Account

Forex.ee Demo Accounts

 

Overall Rating

4.7/5

Rated #242 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

MEAE

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

49

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Yes, Forex.ee offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. Forex.ee practice forex trading in a 100% risk-free environment.

Finding a reputable list about Forex.ee demo account local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth Demo Account review regarding this regulated Forex company, which will assist traders to make an informed decision when it comes to using this broker’s platform and their trading interface.

 

 

How to set up a Demo Account – Step by Step

To register for, and set up a demo account with Forex.ee, traders can follow these steps:

  1. Navigate to the Forex.ee website and select the option to ‘Open Demo’ from the homepage.
  2. Once selected, traders will be redirected to an online application where traders must select the account that they would like a demo on (Crypto, STP, or ECN), provide an email or use an auto-generated password, provide their mobile number, and the anti-spam code below the box where it needs to be entered.
  3. Once traders select an account, they set their leverage, account currency, and initial deposit. Next, traders can either use the option to quickly register with Facebook, Google, or VK credentials, or traders can complete the rest of the form manually.
  4. Once traders have submitted their form, a new page will load, providing traders with their demo account details.
  5. Traders will receive an email on the address that they provided with an embedded link which they must click to verify their email.
  6. Traders can select ‘Login’ after verifying their email address to access their demo account.

 

A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.

Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what Forex.ee has to offer.

 

Overall Rating

4.7/5

Rated #242 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

MEAE

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

49

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Forex.ee Demo Account Features

Forex.ee’s demo account mimics a live trading account. Traders have access to the same functions, features, and options that they normally would on a live trading account.

The only exception is that the demo account is risk-free as traders make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

Forex.ee offers traders a choice between the STP, ECN, and Crypto account. The features that traders can expect will depend on the account that they chose. Traders also have access to the functions and features offered by MetaTrader 4.

 

Pros and Cons

✔️ PROS ❌ CONS
Demo account sign-up fully digital None noted
Sign-up completed in minutes
MetaTrader offered

 

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FAQ

 

What is the difference between a demo and live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does Forex.ee offer a demo account?

Yes.

 

For how long is the demo account valid?

Demo accounts are generally available for a duration of 30 days.

 

Which live trading accounts do Forex.ee offer?

  • STP Account
  • Basic ECN Account
  • Advanced ECN Account
  • Premium ECN Account, and
  • Crypto Account.

 

What are the available deposit currencies for a live trading account?

This will depend on the account that the trader chooses.

  • STP Account – USD, EUR, RUB, and JPY.
  • Basic, Advanced, and Premium ECN Account – USD, EUR, RUB, JPY, AUD, and BTC.
  • Crypto Account – USD, EUR, RUB, MBT, and LTC.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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