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Get a FREE $10,000 demo account; Start trading with only $10; Invest with a licensed and regulated broker . With IQ Option, you will be trading with an award-winning broker recognised and praised by industry experts. Get your IQ Option account today! Between 74-89 % of retail investor accounts lose money when trading CFDs
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Above the 24option demo account, there are four trading accounts available. The Basic account tier at 24option has a minimum deposit requirement of £250. This account gives access to exotic currency pairs with spreads down to seven pips and major pair spreads down as low as three pips.
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Demo Accounts vs. Real Accounts. A Demo Trading Account is the perfect way to test out your newest trading strategy. If you are building an algorithm, you would have to be crazy to not first test it on a demo account. There are a few differences in a demo account, as opposed to a real account. The money is virtual, or paper money.
Still, when compared to other Binary Options brokers the rule is to ask for a certain minimum deposit to allow traders to use demo accounts. Another nice feature about 24Option is the Early Termination option that allows operators to essentially “cancel” their operation until five minutes before closing time, cutting potential losses.
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Moreover, trading accounts of professional clients feature different options than retail ones. By default you are categorised as a Retail client and you can remain so by clicking on Retail below. If you wish to request to be treated as Professional, you can do so by clicking on Professional below and submitting a written request to 24option.
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The 24option demo accounts are free to all traders. Demo accounts are a great way to try out new ideas and crazy binary options trading strategies. With such an account you won’t risk your own money and you can try out all the different types of trades. Most people opt for the free demo account first.
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