IEXS does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
IEXS at a Glance
🔎 Broker's Name | IEXS |
📍 Headquartered | London, United Kingdom |
📅 Year Founded | 2019 |
⚖️ Regulating Authorities | FCA, FINTRAC, VSFC, and BVI |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | No |
👍 Demo Account | Yes |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1: 50 |
💰 Minimum Deposit | $200 / R 3198,06 |
💳 Deposit Options | Bank Wire Transfer Debit Cards Credit Cards |
💳 Withdrawal Options | Bank Wire Transfer Debit Cards Credit Cards |
💻 Platform Types | MT4, MT5 |
📱 OS Compatibility | Web browsers, Desktop, Windows, Mac, Android, and iOS |
📈 Tradable assets offered | Forex Metals and energy Indices Cryptocurrencies Commodities Shares |
👨💼 Languages supported on Website | English and Chinese |
👥 Customer Support Languages | English and Chinese |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
IEXS Demo account – 7 key points quick overview:
IEXS at a Glance
IEXS Demo account – 7 key points quick overview:
How to set up an IEXS Demo Account – Step by Step
- IEXS Demo Account Features
- IEXS Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up an IEXS Demo Account – Step by Step
To set up or register for a demo account with IEXS is not clearly indicated on the broker’s website. Traders should contact customer care or try to follow the following steps:
Step 1 – Open Your Account
- Go to the IEXS website and click on the link ‘Register demo.’
- It will redirect traders to a page where they can complete an online registration form for a demo account on the MetaTrader4, MetaTrader5, or FlexTrader platforms.
Step 2 – Fill out the form
- Traders need to provide their First and Last names, telephone numbers, and email.
- Traders also need to accept the Privacy Policy terms and provide permission to be contacted by the broker.
- IEXS provides traders with $ 100 000 virtual money to practice trading with.
- Traders will be redirected to a demo account platform where they are free to explore the broker’s offering and/or to practice trading and test strategies.
A demo account provides traders with the freedom and ability to explore what the broker offers and is seen as a practice account. It is an account without the risk of incurring losses through the provision of virtual money with which to practice trading.
Demo accounts are mostly used by beginner traders to familiarize themselves with the live trading environment that a broker offers. They can build up their trading skills by actively participating in trades and developing their own trading strategies.
Demo accounts are not only for beginners, but more experienced traders can also utilize them to explore what a broker has to offer.
IEXS Demo Account Features
A Demo account mimics a live trading account since it has the same features like a live trading account. Traders would have access to the same functions and features that they would on the live trading accounts.
The demo account is risk-free, which is the biggest difference from a live trading account since traders make use of virtual funds to conduct trading. Traders cannot withdraw any profits which are made on the demo account.
With IEXS the demo account can be used on the trading platforms where traders will have access to the various functions, tools, and features, which is offered by these trading platforms.
IEXS Pros and Cons
✔️ Pros | ❌ Cons |
Demo account sign-up fully digital | The demo account expires after 30-days |
MetaTrader4 offered | Information lacking on the website |
MetaTrader5 offered | |
Sign-up completed in minutes | |
Conclusion
IEXS does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
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Frequently Asked Questions
Can traders from South Africa open an IEXS demo account?
Yes, traders from South Africa can open an account.
Is IEXS a good option for beginners trading?
No. This broker does not cater to beginner traders
For how long is the IEXS demo account valid?
It is not clear, but it is usually valid for a period of 30-days.
Is the IEXS demo account rigged?
IEXS demo accounts are not rigged.
Is the IEXS demo account the same as a real account?
The major difference is that with Real accounts you will trade with real funds, while Demo accounts use virtual money with no real value to trade.