IS THE AVATRADE TEST ACCOUNT EFFECTIVE?
AvaTrade is one of the oldest trading platforms offering a demo account. Since 2006, this globally regulated and recognised broker has offered trading services to more than 200,000 clients who can practice their trades using the AvaTrade demo account.To get more news about
AvaTrade Demo Account, you can visit wikifx.com official website.
With more than 10 asset classes, covering a range of global marketplaces, there are plenty of reasons to practice trading using the AvaTrade practice trading account. But is the AvaTrade demo account useful? Read on to learn all about the vast features of the AvaTrade test account and learn from our experience testing the multiple trading platforms offered by AvaTrade.
No two-demo trading accounts are the same. While they all serve the same purpose, each unique broker has something different to offer in their demo account. The AvaTrade demo account provides access to 10 different asset classes and an immense level of charting capabilities. Since new traders will definitely have questions that we couldn’t address in our review of AvaTrade, we’ve addressed all the components of the AvaTrade practice trading account below.
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WHAT IS THE AVATRADE PRACTICE ACCOUNT?
The AvaTrade test account is the perfect replication of the live trading experience at this world leading CFD broker. It replicates the live markets in real time and that includes real time pricing. Traders can invest $100,000 in virtual funds into a huge variety of instruments, markets and utilise the same charting capabilities as the live trading platforms.
The AvaTrade demo account might have the biggest platform reach of any practice trading platform as it can replicate the AvaTrade web trader, MetaTrader 4, AvaOptions, and AvaTradeGO for mobile devices. That’s 4 different trading platforms that the AvaTrade demo account can replicate perfectly. This includes both third-party apps and proprietary technology. The AvaTrade test account can be used on mobile devices, desktop web browsers, and as a desktop application too.
So, why does the AvaTrade practice trading account exist? There are plenty of excellent reasons for such a great platform. Firstly, it ensures that the broker is promoting safe trading and promotes a solid reputation, as it is allowing traders to learn how to trade before risking their real money. It was only a few short years ago that brokers would let anyone sign up, regardless of experience, and many new traders would quickly lose their capital.
Secondly, not only can new traders learn the ropes and practice trading safely, but experienced traders can get used to a new trading platform or use the AvaTrade demo account to test their strategies before using them in their live trading account.
The AvaTrade demo account provides multiple ways to access its amazing features and that involves both downloadable software and a browser-based experience. For those who wish to use a desktop app or test their trades on their mobile phone without using their browser, you’ll want to download some additional software.
The AvaTradeGO app is available via either the iOS App Store for iPhone or iPad users, while Android users can access the app via the Google Play store. It’s easy to download – simply search for AvaTrade and download the AvaTradeGO app. The download is small and literally takes a couple of minutes over an average network. Traders can download the AvaTradeGO app before they sign up and use it to register an account too.
For desktop users, traders can download the MetaTrader 5 app directly from the AvaTrade website. It only takes a single click and users can switch between the live trading platform and the AvaTrade demo account instantly. If you haven’t got a AvaTrade account yet, you’ll need to sign up via the website.
However, if you do not want to download any software, traders can still use the AvaTrade demo account via their web browsers. AvaTrade supports many web browsers including Firefox, IE 10 and 11, Edge, Chrome, and Safari.
