Binary options without investment interesting to try almost all traders who are passionate about finding alternative investments. The activity of binary options brokers' advertising campaigns creates a stir and spurs the curiosity of speculators, but the fact that it is a surrogate tool, the probability of fraud in trading which is much higher than usual, gives rise to concerns about it, so there is a desire to test binary options free.
Option 1: Binary options without investment on a demo account
The easiest solution to the question of how to test binary options trading for free, suggests itself - open demo account. Virtual money, virtual profit - all these opportunities to play trading and assess your capabilities with binary trading are given by almost every broker.
In such trading binary options without investment there are no obvious catch - the same quotes, the same conditions, the same terminal. If you're a professional trader, there probably won't be any consequences. But for beginners demo account can turn out to be a stumbling block at the moment of transition to the real deposit. Long-term trading with virtual money may incorrectly prepare trader's psychology to negative deals and strain of real trading in general. That is why ForTrader.org experts do not recommend to spend too much time on a demo account. It is better to quickly switch to a 2 or 3 option trading binary options without investment.
Option 2: Binary options free in contests
Our magazine has already held several trade contests on binary options. Free registration allowed the participants not only to try their hand at trading a new asset, but also to earn an initial deposit and material prizes. Basically, traders who visit our sites gladly responded to this offer and quite successfully started their binary trading. After the contest, many traders confessed that they partially switched to them, because were able to try binary options for free and evaluate all the disadvantages and advantages without losing their own investment of money.
Many binary options brokers now run contests. Just go through the major companies and look for relevant information. Contests are probably the most convenient way to test binary options for free.
Option 3: binary options on bonuses
Let's just say that such binary options trading with no investment is not so free. Brokers give bonuses often and with pleasure, but there is some obligatory condition. Most often it is the making of the first deposit by a newcomer, which is doubled or somehow multiplied by the broker.
The danger of such bonuses for binary options is that when you lose your deposit, it is your investment that is spent first, and only at the end - the bonuses. To make it clearer, let's look at a simple example.
You deposited 100$ on your first deposit. The company doubled it with a bonus and you see 200$ in your account. If your trading was somehow not successful and the deposit was partially lost, for example, 60$, you will be able to withdraw from the remaining 140$ only 40$. It is on your money that you trade in the first place.
Similarly, when the deposit is restored after a drawdown, you will first close the "debt" to the broker, and only the remainder can be withdrawn.
For example, out of those 200$ you lost 130$. Thus, you no longer have any money left in your account and you lost another 30$ from the bonus. If luck returns to you in the future and you win 100$, you can take from them only 70, i.e. funds in excess of the bonus issued.
Overall, there is nothing wrong with such a bonus for binary options, as long as you are prepared for such rules and accept them.
Of course, there are also non-deposit bonuses for binary options, but usually it is just an enticement, because there will be restrictions on the withdrawal of profits in the form of the need to trade a lot of trades or deposit your own money into the account. It is hard to call such trading with binary options free. That's why we recommend you to read the terms and conditions of such trades very carefully.
To summarize
So, how do we trade free binary options without investing our own money?
- On the demo account
- In competitions
- For bonuses
The experts at fortrader.ru recommend testing your strengths and capabilities for this tool with the suggested ways before depositing money. Despite the fact that it is quite difficult to find something worthwhile for free, it is better to put a little effort into it than to lose money without understanding the situation. Binary options without investment exist and it is necessary to use them.