Saxo Bank Demo Account | Trade With %0 Risk

A demo account is the best possible way to test your online broker’s trading platform and quality of service without putting your money at risk. Using the demo account, you can carry out operations, in conditions very similar to a real account, but operating with a virtual balance that the broker makes available to you.

In addition to the above, you can also use the demo account to learn to invest or to test new trading strategies before moving on to using them in your real account.

Introduction

The Saxo Bank broker is one of those that offers this demo account for free. Saxo Bank is one of the main Forex and CFD brokers worldwide and one of the most complete. It offers you the possibility of trading in more than 17,000 different financial instruments such as Forex market currencies, commodities, and more.

This broker has presence in a lot of countries around the world and is internationally regulated by various organizations such as FCA, the Financial Conduct Authority in the UK. It operates in compliance with the most demanding investor protection regulations.

Saxo Bank Demo Account Features

Saxo Bank offers you a demo account with the following characteristics:

  • The Saxo Bank demo account is completely free .
  • You can open the demo in less than a minute without providing any bank details or sending any documentation.
  • The demo account of the Saxo Bank broker comes loaded with a virtual balance of $100,000.
  • The demo account is limited by default to 3 weeks of use so that you can test Saxo Bank services, but if you open a real account with this broker before it expires, it becomes unlimited and so you can continue testing strategies in parallel to your real account.

How can you open a demo account with Saxo Bank?

In order to open a demo Saxo Bank account, you should follow these steps:

  1. Go to the Saxo Bank website or open the mobile application.
  2. Click on ‘Try a Free Demo’.
  3. Enter your name, email, country, and phone number.
  4. Provide a password for your account, then click submit.
  5. A user ID will show up that you can use to login to your demo account.
  6. Enjoy trading freely with %0 risk.

The Saxo Bank demo account is already correctly opened and you will be able to access the trading platform where automatically you already have the balance of $100,000 available to start doing test operations.

How is the Saxo Bank GO trading platform managed?

If you have chosen the Saxo Bank GO trading platform when creating your demo account, you will be able to access it and you will see that it is quite intuitive, but if you have doubts about how to use it you can take a look at this tutorial that’s offered by Saxo Bank to show you how this platform works and how to manage your account.

Saxo Bank PLATFORM TUTORIAL GUIDE.

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