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Speaking about a Binary Options contest, it is a competition that is generally organized for only the registered participants for Binary Options trading. In the trading industry, you will find different types of Binary Options contests. But the most popular contests are Binary Options Live Contests and Binary Options Demo Contests.
By taking part in Binary Options Demo contests, you will be able to judge your trading skills and can also win bonus prizes and real money. Well, the best thing is that most of the Binary Options demo contests are completely free to join. That means you can take part in the contests without investing real money.
The contest can run for different lengths of time. If you don’t want to participate in a tournament that runs for an extended period, there are some online brokers, like Quotex . io and more, that offer one-hour tournaments. Even though such contests are good marketing tools for some brokers, they can offer traders a decent incentive to remain active. As no deposit is required to participate in this contest, there is no risk for the traders. Besides, such contests bring a lot of fun. Go on and give it a try.
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Top Binary Option brokers offering demo contests
#1 Quotex io
The recent entry of Quotex.io into the trade market offers the broker an opportunity to provide their customers with what they want. The broker has more than 100 different types of assets and the 24×7 hour support is available in more than 10 different languages.
The broker offers multiple trading accounts for different budgets. On the other hand, the demo account offered by Quotex.io helps beginners to explore the trading market without worrying about any risk, and they can learn the basics of Binary Options trading. With Quotex.io, you can start trading at just USD 1.
#2 Pocket Option
This online broker allows traders to trade on more than 130 different assets. And another best part is that using this; you can enjoy instant access to its unique social trading. There is a single account type for all. Speaking about its Binary Options demo contests, it allows the participants to win up to USD 50,000.
The broker offers a lot of amazing features to both existing and new traders. The accounts are also designed to work perfectly for the beginner, master, experienced, and newbie. The platform is very simple to use.
#3 IQ Option
In the global Binary Options trading industry, IQ Option offers one of the best demo trading accounts. These no deposit demo trading accounts come with USD 10000 of virtual funds, and you can restore the fund as many times as you want.
There is no time restriction. It also offers a well-fixed time trading marketplace. On the other hand, the competitive rates of return always attract more traders to give this platform a try.
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