All Share (J203) = 89 898
Rand / Dollar = 18.26
Rand / Pound = 23.64
Rand / Euro = 19.71
Gold (usd/oz) = 3 071.48
Platinum (usd/oz) = 984.56
Brent (usd/barrel) = 73.30
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Score Priority Demo Account

A review about Score Priority
 

Min Deposit

USD 100

Regulators

CySEC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Score Priority Demo Account formally known as Just2Trade, offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

Choose your quick section of our Score Priority Demo Account below.

Our Score Priority Demo Account Types Revealed:

Here is an overview of the Score Priority 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 Score Priority will consist of the following steps:

  • Navigate to the demo account registration portal by clicking “Try Demo” on the task bar at the top of the broker’s homepage.
  • Select the type of demo account you would like to open. Traders can choose between Demo MT5 Global, Demo Forex & CFDS, or a Demo ECN version.
  • You will be redirected to an online registration form. Provide your full name, contact details, email address, and create a password for your private demo office.
  • Select your preferred balance on the account. This will fund you with virtual currency to use for testing the account features.
  • Select your preferred leverage ratio. Up to 1:500 is available.
  • Read and accept the terms and conditions.
  • Click “Register” to submit your application.

 

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.

 

Demo Account Features

The MT5 Global Demo account will have the following features:

  • Access from the Multi Market Account to the US, European and Asian markets.
  • Stocks, bonds, commodity futures, currencies.
  • 24/7 trading and support.

 

The Forex and CFDs demo will have the following features (this includes for the ECN demo):

  • A wide range of trading platforms offers the right choice for everyone: МТ4/5, web and mobile.
  • Maximum leverage 1:500.
  • Wide range of trading instruments.

 

Min Deposit

USD 100

Regulators

CySEC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✔️ Pros❌ Cons
Comprehensive demo account
Demo account does not appear to expire

 

You might also like: Score Priority Review

You might also like: Score Priority Account Types Overview

You might also like: Score Priority Fees and Spreads

You might also like: Score Priority Minimum Deposit

You might also like: Score Priority Sign up Bonus

 

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 Score Priority offer a demo account?

Yes, Score Priority offers a free demo account to all new traders.

 

For how long is the demo account valid?

The demo account does not appear to expire.

 

Which live trading accounts does Score Priority offer?

Score Priority has split its offering to cater to traders or investors, respectively. The broker’s Forex trading accounts consist of the following:

  • Forex and CFD Standard
  • Forex ECN
  • MT5 Global

 

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

The accepted deposit currencies will vary depending on the selected account type. Overall, the broker accepts the following currencies only:

  • USD
  • EUR
  • RUB
  • MYR

 

Traders depositing in smaller deposit currencies, such as ZAR/Rand, will incur conversion fees.

 

 

 

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 10, 2021

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.

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