If you’re new to binary options trading, then starting with our Cedar Finance demo account would be your best option. It’s a crucial first step because having a practice trading account allows you to test our trading platform first before investing with real money. Furthermore, our demo account offers exclusive features that only Cedar Finance can give you.
To give you a complete understanding of the advantages of using binary options demo account, here are some of the pros of using a Cedar Finance demo account:
- Our innovative demo account is as easy-to-use as our live trading account.
We designed our practice trading account to be user friendly and accommodating. This makes way for beginner traders to easily grasp the functions of our platform. You can use all the trading functions and features that are found in our live trading account. In fact, trading using our Cedar Finance demo account is almost like trading using a real account; except for the fact that you’re using practice money instead of real cash.
- You can choose among our various binary option types.
Through our practice account, you can try out all the available trading types in our platform. These are the Digital Options, One Touch, 60 Seconds, Open Platform, and the Options Builder. You can familiarize yourself with each Cedar Finance binary option type before opening real trades on these options.
- Become comfortable with trading your choice of assets.
Like a live trading account, our Cedar Finance demo account allows you to trade all asset classes, namely Stocks, Commodities, Indices, and Currency Pairs. This way, you can gain more confidence when you use real money for trading these assets.
- Trade as much as you want without worrying about risks.
Because you’re using practice money, there’s nothing that can hold you back in trading your desired assets. Doing so allows you to develop your own Cedar Finance strategies or try out the strategies you’ve researched about. If you find that the strategies are reliable, then you can use it when you’re already in your live trading account.
- Practice using helpful trading functions and other platform features.
With your Cedar Finance demo account, you can try using our trading functions like the Roll Over and Double Up functions. These “Stop Loss” functions help you increase your earning potential, while minimizing your losses. Moreover, you can also take advantage of our platform features like the Live Financial News Feed. Through this widget, you can have an idea on the performance of your chosen assets, and even gain an understanding of the current market trends.
With these awesome benefits of using a practice trading account, you can definitely gain adequate understanding of how the trading process works. Plus, you can also get hands-on experience in using “Stop Loss” trading functions such as the Double Up and Roll Over functions.
You can also access our learning resources to expand your Cedar Finance trading knowledge while using our Cedar Finance demo account. Like the popular saying goes, “Practice makes perfect.” So go on and try our demo account today!