Opening a binary options demo account before jumping into binary options trading is always a good idea no matter what level of trading experience you have. Now during the first 5 years of binary options 2009-2012 there was not a single website where you could actually trade on a demo binary options platform however in January 2013 this all changed.
This is when the website Binary Options Demo.com was launched the internet’s first site that is dedicated to bringing you a demo binary options platform where you can trade binary options in the same way as at any of the leading brokers. How do they accomplish this ? Well they use a very advanced trading platform that uses professional quality live market feeds just as you would find at these leading brokers.
This makes for instant execution of trades so the outcome of your trade on this binary options demo platform would be the same as if you had traded for real money at a binary options broker.
Having said that it must be mentioned that the platform they use is without a doubt the best we have encountered to date in the binary options industry. It is easy to easy, there is a wide range of assets available to trade and you can trade these assets using binary options that last as short as 5 minutes or as long as one day.
If that is not enough to convince you to try their free demo you should take into account the fact that Binary Options Demo.com also provides you with technical analysis tools that you would happily (and have to) pay for to get anywhere else.
You can use their platform to view the history of any asset, go back a day, a week or longer and drill down in charts to 5 min levels or lower so you can spot important market movements in real time.
Important data such as the value of the RSI and support and trend lines can also be viewed at the touch of a button. When you decide that you are ready to trade for real you can visit their binary options brokers and promotions sections where you will find an overview of the best binary options brokers in the industry along with the latest binary options promotions.
So our tip for today, visit binary options demo and open an account right now, it is one of the best binary options trading tips we can give you.
You can sign up for a free account on their website Binary Options Demo