Market.com was established in 2008 by Joe Rundle. It is a platform where investors can invest money and trade with millions of profit. You can practice your skills with a demo account. It is a free environment where beginners can learn the basics of trading. You have to create an account to access the demo account.
It is a secure platform that is regulated by ASIC, FCA, FSCA, and CySEC. That is why investors can perform trades without fear of scamming. However, it provides a virtual currency to trade.
You are completely confident in your practices in the demo account.Markets.com adheres to the rules set by ASIC, CySEC, FCA, and FSCA, which builds more interest among traders for
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Tutorial for Creating a Markets.com Demo Account
- Go to market.com’s website.
- Choose a demo account from the account type and proceed next.
- Provide your basic information, such as your name, email address, and phone number.
- Provide proof of your identity and address.
- Verify your account through your email address.
- Now you have successfully opened an account. You can also download this platform for a mobile app or desktop version.
What Types of Markets.com Demo Accounts are Available?
Each account on markets.com review also has a demo account. The accounts, such as MarketsX and MarketI, also have demo accounts. so that users can interact with their trading platform in real time and practice their skills
Features, Restrictions, and Differences Between Markets.com Demo Account and Live Account
The demo account is nothing more than a practice account. Users can practice their skills according to real-time market conditions. It also provides virtual funds so that users can actually see the environment of a live account.
There is no slippage in the demo account. Slippage is the difference between the actual price and the expected price. Slippage is only available in a live account.
Benefits of a demo account:
- Gain experience without losing money.
- Risk-free environment.
- Practicing skills
- Virtual currency provides an environment the same as a demo account.
FAQ
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Is Markets.com’s demo account the best?
Yes, the market.com demo account is the best because it offers the same environment as the live account. The traders can practice or enhance their skills.
Is a PAN required for opening a Markets.com demo account?
No, you don’t have to provide a PAN number to create a demo account on market.com. It is totally free, and no security questions are provided to gain access to the demo account.
How much virtual money do you get in the Markets.com demo account?
The virtual currency on the market.co is $10,000. This is not a real currency but provided for experience, as in live account trading.
Markets.com Demo Account: Conclusion
Market.com is a virtual platform that works beyond the traders’ expectations. If you want to gain experience on this trading platform, then you can take help from a demo account. Here you won’t have to spend a single penny. Instead, virtual funds are provided to trade. So what are you waiting for? Just open the website and create a demo account.
A Markets.com demo account is free of charge; there’s no need to pay even a single penny. A simple log-in is needed, and your demo account is ready for your use.