Bulbrokers offers a 100% free demo account which is funded with virtual currency, allowing you to test the broker’s trade features without risking your own investments.
| Broker's Name | Bulbrokers |
| 📍 Headquartered | Sofia, Bulgaria, and Romania |
| 📅 Year Founded | 1999 |
| ⚖️ Regulating Authorities | Bulgarian National Bank CNMV(Romania) FCA (UK) FSC (Bulgaria) |
| 🌐 Countries not accepted for trade | United States and more |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:200 |
| 💰 Minimum Deposit | $100/R1 600 ZAR |
| 💳 Deposit Options | Cash, Credit/debit cards, PayPal, Skrill, Wire transfer |
| 💳 Withdrawal Options | Cash, Credit/debit cards, PayPal, Skrill, Wire transfer |
| 💻 Platform Types | MetaTrader 4 MetaTrader Mobile Trader Workstation 4 |
| 📱 OS Compatibility | Web, desktop, Android, and iOS for mobile |
| 📈 Tradable assets offered | Forex, Gold, and silver, CFD, Oil |
| 👨💼 Languages supported on Website | Bulgarian, English, Italian, Polish, Romanian, Spanish |
| 👥 Customer Support Languages | Bulgarian, English, Romanian |
| 📆 Customer Service Hours | 09:00 to 17:00, Monday to Friday |
| 👉 Open a account | Click Here |
Min Deposit
USD 100
Regulators
FSC, BNB, FCA, CNVM
Trading Platform
MT4, MetaTrader Mobile, Trader Workstation 4
Crypto
No
Total Pairs
24
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Bulbrokers Demo Account below.
Bulbrokers Demo account – 5 key points quick overview:
How to set up a Bulbrokers Demo Account – Step by Step- Bulbrokers Demo Account Features
- Bulbrokers Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the Bulbrokers Demo Account as well as the features that are offered.
How to set up a Bulbrokers Demo Account – Step by Step
Bulbrokers demo accounts are available on both the MT4 and TWS platforms and can be used to test the trading environment and experience live prices. Instructions on how to set up the demo account are provided on the website and requires only a few simple steps. New accounts are processed according to established industry standards. You can open a live account or demo account (also called practice account) from start to finish on the Bulbrokers website and choose to open a demo account during the process. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.
Bulbrokers accounts can be opened in USD, EUR, and BGN (Bulgarian lev). An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step but this ‘Know Your Client (KYC) process, may only be necessary once you decide to move forward and work with real money.
Follow these steps to open an account:
1. Step 1: Ensure that you have your email address and ID on hand
Make sure you have your email and ID on hand.
2. Step 2: Select your details
Select the country of residence and your currency, if applicable
3. Step 3: Click on demo account
Choose that you want to try a demo account
4. Step 4: Provide your information
Provide basic personal information requested
5. Step 5: Proceed with the the process
Proceed through the KYC process if needed and get approved
Beginner traders can use a demo account to get acquainted with the live trading environment, where they can actively participate in trades and develop their own strategies. A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’. Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what Bulbrokers has to offer.
Bulbrokers Demo Account Features
The Bulbrokers TWS PaperTrader practice account allows you to trade with 1,000,000 USD in virtual funds and imitates the conditions of a live trading account to give traders access to the same functions, features, and options they would have on a live trading account. This demo account is however risk-free since it makes use of virtual funds to conduct trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
Min Deposit
USD 100
Regulators
FSC, BNB, FCA, CNVM
Trading Platform
MT4, MetaTrader Mobile, Trader Workstation 4
Crypto
No
Total Pairs
24
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Bulbrokers Pros and Cons
| ✔️ Pros | ❌ Cons |
| Client funds are kept in segregated accounts | Broker does not offer VPS |
| Demo Account can be opened | Important information not provided on website |
| Live account minimum deposit from only $100 | Limited range of assets available for trade |
| MT4 and TWS platforms are provided | |
| Regulated by Financial Services Commission |
Conclusion
Bulbrokers offers a 100% free demo account which is funded with virtual currency, allowing you to test the broker’s trade features without risking your own investments.
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Frequently Asked Questions
What is the difference between a demo and live trading account?
A demo account as is offered by broker companies like Bulbrokers is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features, before setting up a real account which needs to be funded with the customers own real money.
Does Bulbrokers offer a demo account?
Yes.
How long is the demo account valid?
The demo account can be used for an unspecified period.
Which live trading accounts does Bulbrokers offer?
- Micro account
- Mini account
- Standard account
- Zero spread account
- ECN Premium account
Does Bulbrokers offer an Islamic Account?
No.
What are the available deposit currencies for a live trading account?
USD, EUR, and BGN (Bulgarian lev).
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