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Open Demo trading account at Worldtradex Broker in Nigeria – Coiffure

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Open Demo trading account at Worldtradex Broker in Nigeria

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Worldtradex does offer a Demo Account and mimics a live trading account and offers many features for traders. Traders have access to the same functions and features with options that they normally would on a live trading account. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform. If the profit on the demo account is more than the amount that you are ready to deposit into your real trading account, you can discuss the bonus amount individually. To open a demo-account, click on “Free Demo” on upper left side of the main page, and fill out a short registration form. If you already have access to personal area, go to “Trading” section and select “Open demo-account”.

Opening a new trading account

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. Demo accounts are not only for beginners, but it provides more professional traders with the opportunity to explore what Worldtradex has to offer. The interests of Worldtradex’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. Once all the above has been done, you can select ‘Open Demo’, and will be redirected to the MetaTrader 5 Web Trader where you can immediately start using the demo account. You will be redirected to a new page where you need to complete a registration form by providing your First and Last name, email address, and mobile phone number.

Registering a trading account with Worldtradex and opening a new trading account

Worldtradex demo

After you complete the registration form, you will get access to your Personal account area with a live or a demo trading account automatically opened in your name. Worldtradex is a member of The Financial Commission, an independent external dispute resolution (EDR) organization. The interests of Worldtradex’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more. Bonus funds can be withdrawn after reaching a certain level of trading turnover in your real account.

  • Traders have access to the same functions and features with options that they normally would on a live trading account.
  • This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.
  • Demo accounts are not only for beginners, but it provides more professional traders with the opportunity to explore what Worldtradex has to offer.
  • A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
  • If the profit on the demo account is more than the amount that you are ready to deposit into your real trading account, you can discuss the bonus amount individually.

How do I open a demo account?

The demo account offered by Worldtradex mimics a live trading account as traders have access to the same functions, features, and options that they would on a live trading account. The main difference is that the demo account is risk-free as traders make use of virtual funds to conduct their trading. This can only happen if they opened a demo account on the standard or fixed account type, and the Worldtradex company reviews trader has selected to use MetaTrader 4 as their trading platform. When making use of the trading platforms, traders will have access to the various functions, tools, features, and more, which is offered by these trading platforms.

  • The demo account offered by Worldtradex mimics a live trading account as traders have access to the same functions, features, and options that they would on a live trading account.
  • This can only happen if they opened a demo account on the standard or fixed account type, and the trader has selected to use MetaTrader 4 as their trading platform.
  • Worldtradex does offer a Demo Account and mimics a live trading account and offers many features for traders.
  • The interests of Worldtradex’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim.
  • Worldtradex LTD is registered in Saint Vincent and the Grenadines with registration number BC 2015 and the relevant registry operated by the Financial Services Authority (FSA).

Open demo account

Worldtradex LTD is registered in Saint Vincent and the Grenadines with registration number BC 2015 and the https://worldtradex.biz/ relevant registry operated by the Financial Services Authority (FSA).

The bonus cannot be used during a drawdown and will be debited from the account if the Stop Out level is reached. To qualify for the bonus, you must fund your real account within 5 days of earning a profit on your demo account. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years.

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

However, with Worldtradex, traders that have chosen the demo account bonus will be able to transfer any profits which have been made on their demo account to their live trading account. For beginner traders, a demo account is used to familiarize themselves with a live trading environment. Traders can build up their trading skills by actively participating in trades and developing their own trading strategies.

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