NumberOne CM does offer a Demo trading account for beginner traders. Traders can use the demo account that NumberOne CM offers to develop and test out trading strategies in a risk-free environment before using them in a live trading environment.
NumberOne CM at a glance
| Broker's Name | NumberOne CM |
| 📍 Headquartered | Vanuatu |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | VFSC |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | $5 (73 ZAR) |
| 💳 Deposit Options | Credit/Debit Card FasaPay China UnionPay Perfect Money Bitcoin Litecoin Ethereum Bitcoin Cash Dogecoin WebMoney E-payments Association QIWI Wallet OK Pay Bank Wire Transfer Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam) N1CM Prepaid Card |
| 💳 Withdrawal Options | Credit/Debit Card FasaPay China UnionPay Perfect Money Bitcoin Litecoin Ethereum Bitcoin Cash Dogecoin WebMoney E-payments Association QIWI Wallet OK Pay Bank Wire Transfer Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam) N1CM Prepaid Card |
| 💻 Platform Types | MetaTrader 4, MetaTrader 5 |
| 📈 Tradable assets offered | Forex Commodities Indices Stocks |
| 📱 OS Compatibility | Web, desktop, mobile |
| 👨💼 Languages supported on Website | English, French, Russian, Turkish, Thai, Chinese |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Open Account |
Overall Rating
4.7/5
Rated #257 of
Recommended FX Brokers
Minimum Deposit USD 5
Regulators –
MetaTrader 4, MetaTrader 5
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
NumberOne CM Demo account – 5 key points quick overview:
How to set up a Demo Account – Step by Step- NumberOne CM Demo Account Features
- NumberOne CM Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up a Demo Account – Step by Step
To register a demo account with NumberOne CM, traders can follow these steps:
Step 1 : Click on “Demo Account”
Traders can navigate to the official NumberOne CM website and select the option to register a demo account from the homepage.
Step 2 : Fill out the form
Traders will be redirected to an online application where they must provide their first and last name, email address, and cellphone number.
Step 2 : Select the option to receive news
Lastly, traders must select the option to receive news, promotional emails, and telephone calls from NumberOne CM before they can submit their application
NumberOne CM Demo Account Features
The features that traders can expect from their NumberOne CM demo account will depend on the account type that traders demo along with what the broker makes available for the demo purposes.
Traders can use the demo account that NumberOne CM offers to develop and test out trading strategies in a risk-free environment before using them in a live trading environment.
The demo account is also the perfect platform for beginners who need a practice account which will allow them to develop and build their experience and skills before they trade in a live trading environment.
Lastly, the demo account is also the perfect way for prospective traders to explore what NumberOne CM offers its traders. This allows traders to evaluate whether NumberOne CM caters for the unique trading needs and objectives of the trader.
Traders must note that, while using a practice account, they may not receive accurate real-time quotes or price information, depending on the provisions of NumberOne CM.
Overall Rating
4.7/5
Rated #257 of
Recommended FX Brokers
Minimum Deposit USD 5
Regulators –
MetaTrader 4, MetaTrader 5
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
NumberOne CM Pros and Cons
| ✔️ Pros | ❌ Cons |
| Demo account option offered | Tedious and time-consuming registration |
Conclusion
NumberOne CM does offer a Demo trading account for beginner traders. Traders can use the demo account that NumberOne CM offers to develop and test out trading strategies in a risk-free environment before using them in a live trading environment.
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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 NumberOne CM offer a demo account?
Yes, NumberOne CM offers a demo account.
How long is the demo account valid?
Demo accounts are typically offered for 30-days.
Which live trading accounts does NumberOne CM offer?
NumberOne CM offers the following live trading accounts:
- Cent Account
- Standard Account
- ECN Account
Does NumberOne CM offer an Islamic Account?
Yes, NumberOne CM offers an Islamic Account option on the Standard Account.
What are the available deposit currencies for a live trading account?
Deposits can be made in any of the following:
- USD
- EUR
- IDR
- CNY
- RUB
- MYR
- THB
- VND
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