Advanced Markets offers a Demo Account. Advanced Markets demo account mimics a live trading account and offers many features for traders. Traders have access to the same functions and features with options that they normally would on a live trading account.
Advanced Markets at a Glance
| 🔎 Broker's Name | Advanced Markets |
| 📍 Headquartered | Charlotte, North Carolina |
| 📅 Year Founded | 2006 |
| ⚖️ Regulating Authorities | NFA, ASIC, FCA |
| 🌐 Countries not accepted for trade | China, United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:100 |
| 💰 Minimum Deposit | $250 / R 4 296,94 ZAR |
| 💳 Deposit Options | Wire transfer |
| 💳 Withdrawal Options | Wire transfer |
| 💻 Platform Types | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic |
| 📱 OS Compatibility | Linux, Mac OS and Windows, Android and iOS mobile |
| 📈 Tradable Assets | Currencies: 65+ Cryptocurrencies: 5+, including Bitcoin, Litecoin and Ethereum CFD: 60+ including Gold, Silver, Stocks, Stock Indexes, Oil, and Other Commodities |
| 👨💼 Languages supported on Website | English |
| 👥 Customer Support Languages | English |
| 📆 Customer Service Hours | 24 hours per day, 7 days per week |
| 👉 Open a account | 👉 Open Account |
Min Deposit
USD 250
Regulators
NFA, ASIC, FCA
Trading Platform
MT4, Forex 5 Desktop, Fortex 6 Web, Currenex Classic
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Advanced Markets Demo Account below.
Our Advanced Markets Demo account- 5 key points quick overview:
Here is an overview of the Advanced Markets Demo Account as well as the features that are offered.
How to set up an Advanced Markets Demo Account – Step by Step
Advanced Markets provides only one type of trading account for individual clients, making the process of applying for an account very simple. The broker, however, does offer an option to open a demo account free of charge.
This account will allow the user to try out the trading platform and experiment with trading strategies before deciding about whether to join this broker for trading.
To register for and set up a demo account with Advanced Markets, traders must follow the next simple steps:
Step 1 – Get ready with your email address
- Go online to proceed with the online application. New accounts are processed according to established industry standards.
Step 2 – Fill out the form.
- An account verification process is sometimes mandatory as stipulated by regulatory requirements. A copy of a trader’s ID and one proof of residency document usually is enough for this last step. The ‘Know Your Client (KYC) process, may only come into play when you decide to move forward as a trader and work with real money.
Step 3 – Select the country of residence and your currency
- Select the country of residence and your currency – traders can select their account currency, so choose what currency to use between EUR, USD, and GBP.
Step 4 –Select the try demo option.
- Choose that you want to go for a demo account.
- Provide basic information about yourself.
Step 5– Click “Save and Next”
- Go through the KYC process if requested and get approved.
A demo account acts as a practice account due to it providing traders with the opportunity and freedom to explore a broker’s offering through the provision of virtual money without running the risk of incurring losses while they practice trading.
Beginner traders can use demo accounts to familiarise themselves with a live trading environment, where they can hone their trading skills by actively partaking in trades and developing their own trading strategies.
Demo accounts are not intended only for beginners, but it provides more experienced traders more opportunities to explore what Advanced Markets has to offer.
Advanced Markets Demo Account Features
Advanced Markets’ demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
Advanced Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Broker is regulated | No Islamic account options provided |
| Demo account does not expire | Only one account type offered |
| Demo account sign-up is easy | |
Conclusion
Advanced Markets Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account as is offered by broker companies like Advanced Markets is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features.
Does Advanced Markets offer a demo account?
Yes, Advanced Markets offers a demo account.
Can I convert a demo account to a live account with Advanced Markets?
The Advanced Markets demo account does not expire and can be used alongside a live trading account.
Is Advanced Markets a good broker for beginner traders?
Advanced Markets offers a good and safe trading environment for beginner traders.
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