House of Borse offers a free demo account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. Traders can practice forex trading in a 100% risk-free environment.
House of Borse at a glance
| Broker's Name | House of Borse |
| 🏛️ Headquarters | London, England |
| 📅 Year Founded | 2001 |
| ⚖️ Regulating Authorities | FCA |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:30/1:100 for professionals |
| 💰 Minimum Deposit | $5000/R80 000 ZAR |
| ➕Deposit Options | Bank wire Credit cards Debit cards |
| ➖Withdrawal Options | Bank wire Credit cards Debit cards |
| 💰 Sign up bonus | No |
| 📊 Platform Types | Bank wire Credit cards Debit cards |
| 📈 Tradable assets offered | Forex, indices, commodities, equities |
| 📈 Spreads | from zero-pip(ECN) and from 0.4 pips(GBPUSD and EURGBP) |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 💬 Languages supported on Website | Multilingual |
| 💬 Customer Support Languages | Multilingual |
| ⏲️ Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Click Here |
Min Deposit USD 5000 Regulators FCA Trading Platform MT4, MT5, FIX API Crypto No Total Pairs 60 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our House of Borse Demo Account below.
House of Borse Demo account – 5 key points quick overview:
How to set up a Demo Account – Step by Step- House of Borse Demo Account Features
- House of Borse Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the House of Borse Demo Account as well as the features that are offered.
How to set up a Demo Account – Step by Step
Opening a free demo account with House of Borse is a straightforward process that will consist of the following steps:
1.Step 1: Go to the demo account portal.
Navigate to the demo account registration portal under the “Accounts” section of the broker’s website.
2.Step 2: Complete the form.
Complete the registration form. Include your full name, telephone number, email address and country of residence.
3.Step 3: Select a amount to deposit.
Select your preferred deposit amount. You can select up to $50 000 in virtual funds.
4.Step 4: Submit your form.
Click “Start Now” to submit your registration. You will receive login details for your new demo account.
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, managing existing trade positions as well as more advanced functions such as testing or fine tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
House of Borse Demo Account Features
The demo account from House of Borse is funded with $50 000 in virtual currency and will allow users to test out the trade features provided by the broker before signing up for a real account.
To this end, traders will be able to test the features of the MetaTrader 4 platform as it relates to the trading conditions provided by the broker’s accounts. On the MT4 platform, traders will have access to the following features:
| ➡️️ Live streaming prices. |
| ➡️️ 3 different chart types in 9 different timeframes. |
| ➡️️ Fully customisable interface. |
| ➡️️ Over 30 pre-installed technical indicators. |
| ➡️️ Ability to develop your own technical indicators and market analysis tools, using the MQL programming language. |
Min Deposit USD 5000 Regulators FCA Trading Platform MT4, MT5, FIX API Crypto No Total Pairs 60 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
House of Borse Pros and Cons
| ✔️ Pros | ❌ Cons |
| Sign up for demo account is fully digital & hassle-free | None noted |
Conclusion
House of Borse Demo Account offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
The demo account from House of Borse is funded with $50 000 in virtual currency and will allow users to test out the trade features provided by the broker before signing up for a real account.
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Frequently Asked Questions
What is the difference between a demo and live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does House of Borse offer a demo account?
Yes, House of Borse offers a free demo account to all new traders.
For how long is the demo account valid?
The demo account from House of Borse does not appear to expire.
Which live trading accounts does House of Borse offer?
House of Borse offers several accounts depending on trading volumes:
- Silver Trader
- Gold Trader
- Platinum Trader
What are the available deposit currencies for a live trading account?
House of Borse accepts USD, EUR, and GBP. This is a limited selection, and traders depositing in smaller currencies, such as ZAR/Rand, will incur conversion fees.
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