All Share (J203) = 89 573
Rand / Dollar = 18.40
Rand / Pound = 23.84
Rand / Euro = 19.94
Gold (usd/oz) = 3 082.50
Platinum (usd/oz) = 984.02
Brent (usd/barrel) = 72.82
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Opteck Demo Account

Opteck Demo Account

 

 

Our Opteck Demo Account Revealed:

 

How to set up a Demo Account – Step by Step

To register for a demo account with Opteck, traders can follow these few steps:

 

  • Traders can navigate to the official Opteck website and select “Open Account”.
  • Traders will be redirected to a new page that contains an online application.
  • Traders must provide their first and last names, email address, mobile number, country of residence, and user-selected passwords.
  • Before traders continue, they must acknowledge that they are over 18 years of age and that they accept the Opteck terms and conditions.
  • Once traders have signed up, they will be redirected to their trader’s dashboard where they can choose the option to “switch to demo account”.
  • When traders switch to a demo account, they will have access to the full suite of financial instruments that Opteck offers.

 

Opteck Demo Account Features

Opteck offers traders with a demo account option which can be accessed by registering on the official website. Registration is quick and traders can provide some basic information to gain access to the trader’s dashboard.

 

Once traders have switched to a demo account, they are provided with adequate virtual funds which can be used. The demo account is not only designed for beginners who need to gain trading experience and skills, but also for advanced traders who want to develop and test their trading strategies.

 

A practice account is a risk-free environment where traders have the freedom to explore the financial markets, use different tools and indicators to create strategies and test different market conditions, and to explore what Opteck offers its traders in terms of markets and trade execution speeds.

 

Another advantage of the demo account is that it is provided using the Opteck Web Trader which gives traders access to the full range of trading tools and resources offered. Traders also have the option of using their demo account on their desktop computer or mobile device, giving them with more freedom and seamless integration of the trading account across all devices.

 

Pros and Cons

PROS CONS
Demo account offered None noted
Adequate virtual funds provide
Quick registration process

 

You might also like: OneTrade Account Types

You might also like: OneTrade Fees and Spreads

You might also like: OneTrade Islamic Account

You might also like: OneTrade Minimum Deposit

You might also like: OneTrade Sign up Bonus

 

 

FAQ

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 Opteck offer a demo account?

Yes, Opteck offers traders with a demo account.

 

For how long is the demo account valid?

The demo account is valid for 30 days.

 

Does Opteck offer the option of an Islamic Account?

Yes, Opteck offers the option for an Islamic Account.

 

Which live trading accounts does Opteck offer?

  • Basic Account
  • Bronze Account
  • Silver Account
  • Gold Account
  • Platinum Account
  • Black Account

 

What are the available deposit currencies for a live trading account?

  • EUR
  • USD
  • AUD
Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 26, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0