Are there exchanges or any such platforms that offer paper trading, also known as demo accounts for one to use to trade cryptocurrency? This will help noobs to acquire knowledge of some strategies before using real money.
Paper trading
- Thread starter GoldenLady
- Start date
You could try octafx. This brokerage firm offers you demo trading using cryptocurrency on the mt4 and mt5 platform.
- Thread starter
- #3
I would try it out. Is the site accessible using phone browsers, or do they have an application?
Also, is their demo trading only for futures? Binance has a demo trading platform bit I don't want to learn futures for now.
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Mikelo
Familiar Face
You should try expert option, I trade cryptocurrencies with the demo account before using my real balance.
- Thread starter
- #5
Which platform do you use? I prefer to use Binance for all my trades but the demo trading there is only for futures trading which I'm not ready for now
Mikelo
Familiar Face
I use expert option, it has both the web version and App. I've been using it for a while now.
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There are many brokers that offers demo account for there members and I would say that it is all the brokers that does that.
I don't know about any platform that offers a demo crypto trading account, however, there are a lot of platforms that offer demo accounts for forex trading. They even offer you free money to practice forex trading.
This platform is very popular in Nigeria and that is what Nigerians use at the moment
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OctaFx is quite popular in India and other countries too and the best part is its lower limit so we can start at even $10 too
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