Yes, EGM Securities does offer a demo account, with EGM Securities demo account imitating a live trading environment traders have access to the same features, options, and functions that they would normally get on a live trading account.
EGM Securities at a glance
| 🔍 Brokers Name | EGM Securities |
| 🏛 Headquartered | Nairobi, Kenya |
| 📅 Year Founded | 2016 |
| 📝 Regulating Authorities | The Capital Markets Authority (CMA) |
| 🌍 Countries not accepted for trade | United States |
☪️️ Islamic Account | Yes |
| 📒 Demo Account | Yes |
| 🏛 Institutional Account | Yes |
| 💻 Managed Account | Yes |
| 📊 Maximum Leverage | 1:400 |
| 💰 Minimum Deposit | $15 or currency equivalent |
| 💳 Deposit Options 💳 Withdrawal Options | Bank Transfers, Credit/Debit Cards, Neteller, Skrill, Mobile Payment Solutions |
| 📊 Platform Types | MetaTrader4 |
| 📲 OS Compatibility | Linux, MacOS, Android, iOS Tradable Assets Web browsers, Windows, Desktop, Android, iOS |
| 📊 Tradable Assets | 60 currency pair, Precious metals, Indices, Commodities, CFDs, and more. |
| 🌐 Languages supported on Website | English |
| ☎ Customer service hours | 24 hours a day, 5 days a week. |
| 📌 Open an account | 👉 Click Here |
|---|
Min Deposit
USD 15
Regulators
CMA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
66
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our EGM Securities demo account below.
EGM Securities Demo Account – A Key 8 Point Quick Overview
- ✅EGM Securities at a glance
- ✅EGM Securities Overview
- ✅How to set up a Demo EGM Securities Account – Step by Step
- EGM Securities Demo Account Features
- EGM Securities Pros and Cons
- EGM Securities Customer Reviews
- Conclusion
- Frequently Asked Questions
EGM Securities Overview
According to research in South Africa, EGM Securities is an online forex trading company based in Kenya. The company was founded in 2016 and its headquarters are located in Nairobi. EGM Securities is part of a broader group of brokers licensed in the United Kingdom, Jordan, the UAE, and Australia.
The broker also provides sufficient educational tools as well as research tools to assist with day-to-day trading. The EGM Demo demo account is also used on the MetaTrader 4 platform, which means traders will have access to the many, tools, functions, and features, which is offered by the platform.
How to set up a Demo EGM Securities Account – Step by Step
Yes, EGM Securities offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. EGM Securities practices forex trading in a 100% risk-free environment.
To register for, and set up a demo account with EGM Securities, traders can follow these steps:
- Step 1 – Navigate to the EGM Securities website
The first step in registering for an EGM Securities demo account involves traders navigating to the website, and clicking on the ‘Try a free demo’ link and you will be redirected to a new window.
- Step 2 – Fill out the EGM Securities account registration form
Here you will be asked to complete the online registration form for a demo account. Traders need to provide their First and Last Name, country of residence, telephone number, and email address.
- Step 3 – Verify your cellphone number and select the trading platform
Traders must retrieve the OTP and select to accept the Privacy Policy terms and conditions by clicking “Submit”
- Step 4 – Access EGM Securities Demo Account Trading Platform
When selecting the option to submit, traders will be redirected to a demo account platform where they are free to explore. Your details will be verified and then you will receive an email at the address that you have provided during the registration. The email will contain the trader’s demo account number and password.
Demo accounts are not only for beginner traders, but it also provides more experienced traders with the opportunity to explore what EGM Securities has to offer.
EGM Securities Demo Account Features
The only difference is that the demo account is risk-free since traders are provided with virtual funds to conduct their trading. Because of this, traders cannot withdraw any profits which are made on the demo account.
| 🌐 EGM Securities Demo Account | Risk 🆓 |
| $10 000 Virtual money | |
| mimcs a live trading enviroment | |
| 📌 Open an account | 👉 Click Here |
|---|
EGM Securities Pros and Cons
| ✔ PROS | ❌ CONS |
| Demo account sign-up fully digital | It is not clear if the Demo account usually expires after 30-days |
| MetaTrader 4 offered | |
| Sign-up completed in minutes |
EGM Securities Customer Reviews
Great Platform!
EGM Securities MetaTrader4 is by far the best I’ve come across, EGM Securities provides the easiest and most accessible trading platforms – Ed
Affiliate Programs offered
EGM Securities reaches Affiliate Brokers in South Africa – this can be considered a great offering– Channon
No Sign Up Bonus offered.
The EGM Securities website is easy to navigate and user-friendly, I am just sad that there are no bonuses or reward programs on offer. – Natalia
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Min Deposit USD 15 Regulators CMA Trading Platform MT4, MT5 Crypto Yes Total Pairs 66 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Conclusion
Overall, EGM Securities is a new broker that offers a choice between several trading instruments on the MT4 platform which is the preferred platform of most traders. Although the broker only offers two live account types it also offers a free demo account and traders of the Muslim faith can open a Swap-free account.
The broker is regulated through CMA, the local regulatory body in Kenya, and funds are kept in segregated accounts. In addition, the broker offers educational and research tools to assist beginner as well as more experienced traders. EGM securities have other positive features like cross-device and cross-platform trading, data-driven decision-making through charting packages, Expert Advisors (EAs), and technical indicators.
Frequently Asked Questions
Can South Africans open a demo account with EGM Securities?
Yes, traders in South Africa are welcome to open a trading account with EGM Securities.
Does EGM Securities offer a demo account?
Yes, a free demo account is available from this broker.
For how long is the demo account valid?
It is not indicated on the website for how long the demo account is valid.
Which live trading accounts does EGM Securities offer?
EGM Securities offers an Executive and Premiere live account as well as an Islamic Account for Muslim Traders.
What are the available deposit currencies for a live trading account?
EUR, USD, GBP, AED.
