Using the Banc De Binary free demo account will help you become a more successful trader. To get the demo account, there are a few things you need to know, though.
How to open a Banc De Binary free demo account
Trading binary options is quick, intuitive, and fun. But it requires a learning period nonetheless. To make sure you do not lose all your money during this learning period, and to give you the opportunity to try out new strategies, assets, and binary option types, Banc De Binary offers you the possibility to try them on a demo account first.
At first, it seems as if Banc De Binary does not offer a demo account. There is no reference to a demo account on their website. Do not let this confuse you, though. The way to get a demo account with Banc De Binary is to open a regular account and fund it. Then you will also be able to use the demo account.
It does not matter which of Banc De Binary’s account types you choose to open your account. Banc De Binary offers four different account types, which differ in the minimum account balance required and the features they provide.
The smallest account type is the Micro Silver Account with a starting minimum balance of only $250. Subsequent account types require a higher minimum balance, from the Standard Gold Account starting at $5,001 to the Banc De Binary Premium Account starting at $50,000, but even the Micro Silver Account will get you a demo account.
To get the demo account, simply open an account using the link we provided for you, and fund the account with at least $250. The funding is necessary, because with an account balance less than $250 your account will not receive the Micro Silver Account Status and therefore not be able to access a demo account.
Opening an account is quick and easy, as you need to provide only few information:
- Your full name
- Your email address
- Your telephone number
- A password
The currency you would like to use (US Dollar, Pound Sterling, and Euro). Now, simply select the amount you want to deposit and your preferred method of deposit. Keep in mind that the amount you deposit will determine your account type.