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What Is Olymp Trade Demo Account
Like most brokers, Olymp Trade provides its clients with an introductory demo account. What is a demo account? A demo account is an opportunity to test the trading platform without using real funds. In fact, you are trading virtual money, you do not earn anything but you do not lose anything. Traders use this account to test various strategies.
How do I open a demo account?
A demo account is opened automatically after registration. You don’t need to do anything extra. Even after adding real money to your balance, you can always switch from a real account to a training account. Don’t forget that you can always use bonus codes when making a Deposit, which you can view here.
What happens if you spend all your virtual money?
If you have been testing some strategy for a long time and spent all the virtual money of the demo account, you can always click the “Refill” button and your account will have 10,000 virtual dollars again.
Can I use Olymp Trade demo account in the mobile app?
Yes you can use a demo account in the mobile app for android and ios. The trading principle is the same as in the desktop version of the trading platform. In the mobile app you can also use a training account and the balance will be the same as in the Live version.
Olymp Trade Demo Account Review
In this video you can see that using a demo account Olymp Trade you can test the platform 100% because there are no restrictions and there is no difference what type of account you use demo or real money. All indicators and training sections are available to you.