Which broker offer a demo Cryptocurrency trading account?

Beginner Questions
1

Hi guys, I’m almost done with BP academy, I have decided to stick with two pairs. One Fiat and 1 cryptocurrency, probably BTC or LTC. I need your help in knowing which broker offer cryptocurrency pair on a demo account. Thanks.

2

Quite a few do that. Have a look on Facebook or Twitter to see which brokers are being recommended. Ignore anyone who posts links.

3

OK, I will look into that. Thanks

4

Although trading crypto currencies is becoming popular, there is still not large number of brokers who are offering this service to traders. Certainly, if broker offers trading crypto, he should make available trading in demo account also

5

I have already come across a crypto exchange that offer demo.

6

You should try crypto broker, Coinexx. You will get demo in both MT4 and MT5.

7

honest i am newbie here. and I don’t know which broker is right for you.

8

Most do. Be careful with broker choice though.

9

Thanks guys for all the inputs. I’m using Bitmex testnet already. I can trade demo there

10

With the utmost surprise, today many traders are trying to trade crypto currencies over than real, forex currencies. There is no harm in it. But traders must try to keep it in the mind that values of digital currencies are very much fluctuating in nature. And the answer to your question is: every broker that allows crypto trading will provide you demo account to learn basics of crypto.

11

Yes, it’s better to master Forex before trying to trade cryptos. Way less volatile…

1 Like
12

I would check out some trust pilot reviews on a few brokers.

13

Try Turnkeyforex demo, they offer many popular cryptocurrencies including LTC and BTC.

14

@deliablair What’s the min deposit?

15

Theres loads and they all vary, some have more than others, some have limited trading hours others are 24/7, available leverage is another variable for margin requirements. Maybe an ic markets or EagleFX demo. Both have a good selection of crypto too

16

Minimum deposit is $10.

17

I found the broker on instagram and contacted him immediately. Anyway, cryptocurrency is another hard area that can lead to prosperity. You’re on the right track!

18

With the rise in popularity of cryptocurrencies, many brokers have allowed trading cryptos with forex. And since the trading platforms used for forex trading can be used for crypto trading, traders can practice crypto trading in the same demo accounts they used for practicing forex trading.

19

I think most brokers have now started offering crypto trading via CFDs. So, those who do also allow traders to practice crypto trading in a demo account.

20

Quite a few options these days but the key will be to check the conditions offered between them much the same way you need to for FX