No, TradersHome currently does not offer a Demo Account mimicking a live trading account to traders who wish to practice their trades before opening a real account with the broker.
TradersHome at a glance
Broker's Name | TradersHome |
🏛️ Headquarters | Kingston, St Vincent, and the Grenadines |
📅 Year Founded | 2018 |
⚖️ Regulating Authorities | None |
🌐 Countries not accepted for trade | The United States and some other countries |
☪️ Islamic account (swap-free) | Yes |
📒 Demo Account | No |
✴️ Institutional Accounts | Yes |
👨🏼💼 Managed Accounts | Yes |
⬆️ Maximum Leverage | 1:400 |
💰 Minimum Deposit | $250 |
💳 Deposit Options | Credit Card Debit Card Skrill Neteller Wire Transfer, WebMoney Western Union |
💳 Withdrawal Options | Credit Card Debit Card Skrill Neteller Wire Transfer, WebMoney Western Union |
📊 Platform Types | TH Trader |
📶 OS Compatibility | Windows, Linux, MacOS, Android, iOS |
📈 Tradable assets offered | Forex Stocks Derivatives Commodities Indices Spot metals |
💬 Languages supported on Website | English, French, Russian, Arabic and Italian |
💬 Customer Support Languages | English, French, Russian, Arabic and Italian |
⏲️ Customer Service Hours | 24 hours a day /5 days a week |
📌 Open an account | 👉 Click Here 👈 |
TradersHome Demo Account Revealed – 8 Key Points Quick Overview
- ✅TradersHome at a glance
- ✅TradersHome Overview
- ✅How to set up a Demo Account
- TradersHome Demo Account Features
- TradersHome Pros and Cons
- TradersHome Customer Reviews
- Conclusion
- Frequently Asked Questions
TradersHome Overview
According to research in South Africa, TradersHome is an offshore broker that is based in St Vincent and the Grenadines. TradersHome has been in operation since 2018. Since the broker is being operative from Kingstown, St. Vincent, and the Grenadines, the broker is not suitably authorized or regulated by a reputable company. This makes it a risk to trade with.
TradersHome provides traders with access to the MetaTrader5 platform where they can trade in more than 250 financial assets such as forex, stocks, derivatives, commodities, indices, and spot metals. Although TradersHome is a fairly young company in the industry, it has already made a name for itself and managed to gain a large loyal user base.
TradersHome renders its services globally and makes use of the latest trading technologies. They offer six different live account types, as well as many trading tools and elements, which give investors a wide range of options to choose from. Customers from the United States and some other countries are not accepted as clients at TradersHome.
How to set up a Demo Account
TradersHome does not offer the option to open a demo account. Trading can be a very intimidating task for beginners without prior knowledge, skill, or experience in trading and through the provision of demo accounts, brokers provide a comprehensive and risk-free environment for beginner traders.
🌐 No TradersHome Demo Account on Offer |
A demo account is often referred to as a practice account due to it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and developing their own trading strategies. Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what TradersHome has to offer.
TradersHome Demo Account Features
Demo accounts serve the purpose of mimicking a live trading environment without traders risking their actual capital. Trading is conducted by using virtual money while simultaneously having access to all the financial instruments as with a live trading account.
Demo accounts allow traders to explore the broker’s offer and the trading platforms that they offer and brokers who do not offer this are at a slight disadvantage when compared to the various other brokers who do offer this along with similar trading conditions.
TradersHome Pros and Cons
✔️ PROS | ❌ CONS |
Competitive trading conditions offered | Demo account not provided |
TradersHome Customer Reviews
Good Broker
TradersHome is a regulated FX broker.. – Gabby
TradersHome
TradersHome hosts a good website that is easily accessible and user-friendly, not many rebates are offered- William
TradersHome Affiliate Program
I enjoy the opportunities to earn an income through IB programs offered by forex brokers, perhaps this could be considered in future offerings – Su
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Conclusion
Overall, TradersHome is a young broker that offers an ECN no dealing desk model. It offers trading in over 250 financial instruments on the Metatrader5 platform. Traders have a choice between six account types including some accounts offered to Muslim traders. It offers a variety of payment methods.
Unfortunately, the broker is an offshore broker registered in St Vincent and the Grenadines and this makes it an unsafe and risky broker to trade with. TradersHome gathered a strong customer base and a large daily trading volume and has strong customer service available 24 hours a day. The TradersHome website is available in several languages.
Frequently Asked Questions
Is TradersHome a good option for beginner traders?
We found that TradersHome is more suitable for new traders who are above beginner-level, but not yet experienced in forex trading.
What is the difference between a TradersHome demo and a real account?
A demo account from TradersHome would have given newcomers the opportunity to practice trading with the broker before opening a real account, but unfortunately TradersHome does not offer a demo account product.
Can traders from South Africa open a TradersHome demo account?
No, because TradersHome does not have a demo account offering.
For how long is the TradersHome demo account valid?
TradersHome does not provide a demo account.
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