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Whether you are new to Binary Options trading or an experienced investor a Binary Options demo account is a valuable resource. Don’t be tempted to just jump in and start live trading immediately. Take the time to have a good look around the demo system and practice your strategies. This approach will help to increase your success rate and lessen the chances of making costly mistakes.

New traders and especially people trading for the first time should ask for access to their chosen brokers’ demo system once they have signed up. Most brokers will require an initial deposit before giving access to a demo account but usually this is refundable should you decide not to continue with this broker. Check the terms and conditions to see their policy on demo accounts.

Make sure that the broker has a tradable demo account and not just a flash or video overview of how their system works. You want to be able to simulate a real live trade to firstly get comfortable with their platform and to check h...

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