Binarium demo account

Binarium – platform for binary options trading using modern technologies and tools. The company has been providing brokerage services on the Russian financial market since 2012. It offers trader training, transaction support, tournaments and other services. Advantages of the service:

• small deposit;
• simple interface;
• a lot of training materials;
• quality technical support;
• trading without slippage;
• fast payments.

Why do I need a Binarium demo account?

Binary Options Broker Binarium tries to provide its clients with maximum opportunities for profitable trading. It also offers free demo accountavailable after registration on the site. With it you can learn trading, study the terminal’s functionality, make any deals, test new strategies and create your own variants (Binary options trading training). Although such accounts are often not fully valued, they allow you to avoid losses when working with real money.

What are demo accounts?

Binarium offers 1 demo account option. This is an account with an available virtual deposit, which has the same functions as a real account.

Is there a difference between a demo and a real account?

The only difference between a demo and a real account is that the demo account uses virtual funds. Otherwise, the possibilities are similar. It is convenient because it allows you to test the strategies and instruments as precisely as possible. A Binarium demo account has no time limit: when working with a real account, a trader can switch to a training account in a couple of clicks.

Binarium demo account

Binarium offers a free demo account for learning and testing different strategies. After registering, you will need to click on the “Trade” button at the top of the page. The service will redirect the client to the terminal. When logging in for the first time, you should study the demonstration cards of the platform. When the last one is open, you can choose to make a deposit or click “Try trading on demo account”.

After that at the top of the page there will be a button to switch between demo and real account. Initially, on a demo account there will be available 60 thousand rubles ($1 thousand if you select this currency) to conduct test transactions.

Advantages of a binarium.com demo account

Benefits of a Binarium demo account:

• absolutely free;
• there is no time limit, the account is opened forever;
• all functions and operation options are available;
• large deposit to work.

Features

There are no restrictions on the Binarium demo account. The trader can use any type of assets and options. Deal returns are about the same as with real money, so it is possible to collect statistics and test strategies. The service offers fine-tuning and account history, the ability to participate in tournaments and other features that are also used in real deposits.

Terminal

The terminal for the demo account is identical to the real one. The only difference is that transactions are conducted with virtual money. In the upper right corner of the terminal the current balance is indicated. By clicking on this window you can switch between real and demo account.

A large area of the terminal is occupied by the chart, and at the top there is a tab with the ticker of the asset. If you want, you can open a new tab and select another type of asset. On the left side is the functional for work: history, cashier, tournaments, applications, etc.

At the bottom there are tools needed for fine-tuning the trading process. Here you can change the type of chart and indicators. Thus, it is possible to choose a line, zone, candlestick chart or use bars. The graphical tools include bars, rays and horizontal lines, Fibonacci lines and Andrews’ pitchfork. Regarding indicators, the Binarium platform uses SMA, SSMA, LWMA, EMA, SAR, Alligator, Bollinger Lines, RSI, Stochhastic, ATR. Each trader will be able to choose the algorithm that he considers optimal for his work.

On the right side of the terminal, there is a panel where you can set up a trade. Here you need to enter the size of the investment, the term expirations and choose the direction: up or down. When the trade will be opened, a line will appear on the chart dividing it into 2 parts. In order for the trader to make a profit, after the expiration of the contract the value of the asset must be displayed in the part that he chose at the beginning.

How do I open a Binarium demo account?

On the home page binarium.com There is a registration form where you have to enter your email, password and choose a currency. After agreeing to the terms of work, you must click “Open an account for free”. You can also use the login through popular social networks.

After that, Binarium offers to enter personal data in a new window, promising a bonus for this after the first deposit of a real account. After confirming the last name, first name and phone number, the service redirects to the personal cabinet. To confirm registration, you need to follow the link that will come in the letter to the specified address.

How to trade binary options with Binarium?

For trading binary options, a real and a demo account are offered. You can start working immediately after completing the registration procedure. Options trading takes place directly on the website, no additional software needs to be downloaded and installed. To purchase an option, select a suitable asset, expiry time, make a bet and predict the direction of the rate. If the prediction is correct at the end of the contract, the deal will be profitable. The approximate rate of return of the asset in percent is indicated beside the chart.

Buying an option is limited to a minimum and maximum bet. It varies from 60 to 600 thousand rubles (from 1 to 10 thousand dollars). The number of options on Binarium is not limited, you can open several tabs using different assets on them. You can work with four assets at the same time.

Conclusion

Binarium (Open a demo account) is a reliable broker that offers customers the opportunity to learn how to trade binary options with a demo account. It has no restrictions in terms of features and terms. The free account has a similar terminal to the real account and all functions are available. Registration is simple, the cabinet has tools for fine-tuning and a button to switch between accounts. The platform gives the opportunity to work with four assets simultaneously, testing different strategies.