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Trade.com Demo Account

Trade.com Demo Accounts

 

Overall Rating

4.5/5

Rated #544 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

8

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

No, Trade.com does not offer 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, but unfortunately, Trade.com does not offer this practice environment.

Finding a reputable list about Trade.com 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 brokers platform and their trading interface.

 

How to set up a Demo Account – Step by Step

 

Trade.com does not offer traders a 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.

Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.

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

Trade.com does not offer a demo account but, however, the broker offers the use of MetaTrader 4, traders can make use of the trading platform to access a demo account option. Traders can apply for a demo account with MetaTrader 4 on desktop, the web-based platform, or from the desktop application.

When registering a demo account with MetaTrader 4, traders will need to provide some basic personal information and contact information such as their email address, used for communication purposes.

Once the account has been verified, traders will be provided with their account credentials should they need to log into their MetaTrader 4 account on any other device. Traders will be logged in automatically on the device that they used to register the account.

Once the account has been created, traders can explore the platform and its various functions and features in a risk-free manner, using the virtual funds allocated for the demo.

However, this demo account does not allow traders to explore Trade.com’s offering.

 

Overall Rating

4.5/5

Rated #544 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

8

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Trade.com Demo Account Features

 

Demo accounts that brokers offer mimic a live trading account with the exception that traders do not risk their own capital as they make use of virtual funds. The demo account often provides traders with access to the full range of financial instruments, functions, and features that the broker offers.

Trade.com does not offer a demo account and thus, traders cannot explore the broker’s offering. Even though traders can make use of the demo account on MetaTrader 4, which can be used as a practice account, or a way to test strategies risk-free, traders will not be able to test out what Trade.com has to offer.

 

Pros and Cons

✔️ PROS ❌ CONS
MetaTrader 4 offered Demo account not offered

 

You might also like: Trade.com Minimum Deposit

You might also like: Trade.com Sign up Bonus

You might also like: Trade.com Fees and Spreads

You might also like: Trade.com Account types

 

FAQ’s

 

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 Trade.com offer a demo account?

No.

 

For how long is the demo account valid?

This is not applicable as Trade.com does not offer a demo account.

 

Which live trading accounts does Trade.com offer?

  • Silver Account
  • Gold Account
  • Platinum Account
  • Exclusive Account

 

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

These are not indicated. Thus, it is expected that Trade.com, in addition to providing an array of payment methods, will accommodate a variety of deposit currencies.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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