Pocket Option Demo Account: A Comprehensive Guide

A Pocket Option demo account is a virtual trading platform that closely mimics the real trading environment. It allows users to execute trades using virtual funds, simulating real market conditions while eliminating the risk of losing actual money. This resource is an invaluable tool for traders, enabling them to familiarize themselves with the platform, test various trading strategies, and build confidence in their actions without financial risk.

How to Access the Pocket Option Demo Account

Accessing a Pocket Option demo account is quick and easy. Register an account on the pocketoption.com platform and navigate to the demo account section. There, you can create a demo account with just a few clicks. Once activated, you’ll have access to a virtual balance of up to $50,000, which can be used for trading a wide range of assets, including currency pairs, commodities, stocks, and cryptocurrencies.

How to Open a Pocket Option Demo Account

New traders can open a free demo account with Pocket Option in just a few minutes by following these simple steps:

Step 1: Visit pocketoption.com

First, go to the official Pocket Option website. In the upper left corner, select the “Menu” option. You’ll see a registration button – click on it.

Step 2: Fill Out the Registration Form

Enter the required information in the appropriate fields (email address, password, check “Agreement,” and click “Register”).

Additionally, you can use various promo codes during registration to receive a bonus on your deposit when opening a real account.

Bonus 50% when topping up from $50 – code 50START (Use)

Bonus 50% when depositing from $100 – code WELCOME50 (Use)

Benefits of Trading on a Training Account

Using a demo account can significantly improve trading results by increasing the number of profitable trades and reducing the number of losses. Traders can refine their strategies to a high level.

• Familiarization for Beginners: New traders can get acquainted with the trading process in the binary options market and assess whether this earning method suits them.
• Ideal Learning Tool: The demo account allows for a clear and safe study of the market. There’s no need to risk real money. All trades follow the same patterns and quotes as in the real market, but profits and losses remain virtual. This way, a beginner can fully immerse themselves in the trading environment, correct mistakes, and gain experience.
• Emotional Control: A major reason for trading failures is a lack of self-control. Using a demo account, traders can learn to manage their emotions by observing their reactions to significant profits or losses and learning to control them.
• Skill Improvement: Both beginners and experienced traders use demo accounts to test strategies. This allows for the identification and correction of mistakes before they lead to significant losses in the real market.

Other Brokers Offering Demo Accounts for Binary Options

Top 5 best brokers on our website

Broker	Bonuses	Open an account
1 Pocket Option pocketoption.com 198 reviews	50 % Bonus on deposit from $100 USD - promo code WELCOME50	Start
2 INTRADE.BAR intrade18.bar 23 reviews	5 % Bonus available when depositing via USDT (TRC20)	Start
3 Quotex qxbroker.com 403 reviews	No	Start
4 Alpari alpari.com/en 65 reviews	Cashback Refunds of commissions, spreads and other costs	Start
5 Binarium binarium.com 244 reviews	100 % First deposit bonus	Start

Rules for Trading

To make trading on a demo account an effective preparation for real trading, it’s essential to adhere to several rules:

• Virtual Balance: The amount on the virtual account should not exceed what you plan to use in real trades. Otherwise, a trader may lose vigilance and self-control.
• Risk Level: Similarly, the risk level should not exceed what you plan for real money trading.
• Position Sizes: It’s important to set position sizes that you feel psychologically comfortable with and are willing to open with real money. Beginners should avoid starting with large sums, as this experience can be more harmful than helpful in real trading.
• Treating Virtual Money as Real: When trading with virtual funds, imagine they are real. This helps develop the correct attitude toward losses, increase attentiveness, and build a habit of thorough market analysis.

Conclusion

The Pocket Option demo account is an effective tool for learning and improving trading skills without the risk of losing real money. It allows traders to test different strategies, manage emotions, and determine if trading in the binary options market suits them. However, to use the demo account effectively, it’s important to follow certain rules, such as trading with amounts and risks that correspond to real trading.

Reviews