On first sight, traders looking for a demo account with 24option are out of luck: On 24option’s website, there is no direct reference to a demo account. This, however, is a well-calculated move. 24Option is trying to scare away traders who are only looking for a demo account but do not want to open a real account.
There is, however, a way to get a free demo account with 24option. To get a demo account, you need to open an account with 24option and fund it with at least the minimum deposit of $250. After you deposited money in your account, you will get access to a free demo account.
Now, since you have to deposit $250 with 24option, this demo account is not completely free. You can, however, use the demo account as long as you need it and then either decide to withdraw the money or start trading real money. In that way, the 24option free demo account is a real chance to get you started on your trading career.
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The 24option free demo account offers the exact same features as 24option’s regular trading platform. Therefore, it provides you with a great chance to learn the basics of binary option trading. You can learn which option type to use. Pick from the selection of high / low options, one touch options, boundary options, and 60 seconds options, and learn which is the right binary option type for you.
You also get the full range of assets to choose from. Try your strategy with stocks, indices, currencies, and commodities, and find out which asset type fits your trading style best. Try assets from all over the world and find the market you relate best to.
Finally, you can select from 24option’s full range of expiration times. Try ultra-short expiration times such as 60 seconds and see if you have what it take to succeed in such a fast-paced, high-possibility environment, or if you are the trader type that prefers the slow and steady approach with longer expiration times.