Warning: Use of undefined constant singlepost - assumed 'singlepost' (this will throw an Error in a future version of PHP) in /homepages/43/d710733714/htdocs/clickandbuilds/MakeMoneyOnline/wp-content/themes/wp-enlightened/single.php on line 9
class="singlepost post-1323 post type-post status-publish format-standard has-post-thumbnail hentry category-binary-options tag-binary-options-demo-account Binary Options" id="single-post-1323">

How to Open Binary Options Demo Account without Deposit in Nigeria

In this guide,  I’ll show you how to Open binary options demo account without deposit in Nigeria.

Binary options demo accounts are those accounts that you can open for free without depositing any money in the account.

Binary options demo account is useful for those who are new in the business of trading binary options.

This demo account is used for training purpose. So,  if you are new in this business,  I’ll advise you to open a demo account.

How to Open Binary Options Demo Account without Deposit in Nigeria

Try Demo Account with IQ Option

You can make money from binary options.  But on the other way round,  you can loose all your investments if you don’t know how to trade it well.

Binary options is like a forex trading.  But in this time,  you fix a certain value of money while predicting a rise in the value after a short period of time. It’s also called all-or-none options. You either win everything or loose everything.

How Binary options work

This is how binary options work –

a particular binary options trader who thinks that the EUR/USD price will close at or above 1.2500 at 3:00 p.m. can buy a call option on that outcome. A trader who thinks that the EUR/USD price will close at or below 1.2500 at 3:00 p.m. can buy a put option or sell a call option contract.

At 2:00 p.m. the EUR/USD price is 1.2490. The trader believes this will increase, so he buys 10 call options for EUR/USD at or above 1.2500 at 3:00 p.m. at a cost of $40 each.

The risk involved in this trade is known. The trader’s gross profit/loss follows the “all or nothing” principle. He can lose all the money he invested, which in this case is $40 x 10 = $400, or receive $100 x 10 = $1,000. If the EUR/USD price will close at or above 1.2500 at 3:00 p.m. the trader’s profit will be the payoff at expiry minus the cost of the option: $1,000 – $400 = $600.

The trader can also choose to liquidate (buy or sell in order to close) his position prior to expiration, at which point the option value is not guaranteed to be $100. The larger the gap between the spot price and the strike price, the value of the option decreases, as the option is less likely to expire in the money.

In this example, at 3:00 p.m. the spot has risen to 1.2505. The option has expired in the money and the gross payoff is $1,000. The trader’s net profit is $600.

From this explanations you will agree with me that it can be quite confusing for new traders. That’s the reason why you should open a binary options demo account.

The most interesting thing is that you can open a binary options demo account without deposit in it.  So,  you use the demo account to learn trading binary options without the risk of loosing your money.

Once you master the demo account, you can then deposit money to perform real binary options trading.

Read Also: How to Win Money Online with Binary Options in Nigeria

How to Open binary options demo account without deposit 

To signup for binary options demo account follow the two-step instructions below:

1. Visit IQ Option  and signup for free 60 seconds trading demo account.

You can also visit Google and search for other binary options brokers that will allow you to open a free binary options demo account without deposit.  Luckily you will find many of that allow up-to 60secons trading. This time is enough to learn how to use their platform to learn binary options trading

2. Signup and start trading: please make sure you read through the brokers terms and conditions before you signup.

Also, trade wisely because you can loose all your investments in a single trading period.

Thanks

Incoming Search Terms

binary options demo account without deposit
binary options demo account
binary options demo contest
binary options demo account uk
binary options demo free
binary options demo accounts free
binary options demo uk
binary options demo no registration
binary options demo account australia
binary options demo account south africa
binary options demo
binary options demo trading
binary options demo account 60 seconds
binary options demo account 24option
binary options demo account canada
binary options demo account app
binary options demo account android
open a binary options demo account
binary options demo broker
binary options brokers demo account
forex binary options broker demo
best binary options demo account
60 second binary options brokers demo
binary options brokers free demo account
best free binary options demo account
banc de binary options demo account
binary options brokers offering demo account
boss capital binary options demo
binary options demo.com
binary options canada demo account
cedar binary options demo
binary options demo contest 2014
binary options cuenta demo
binary options demo download
binary options demo no deposit
binary options demo account no deposit
dukascopy binary options demo account
60 second binary options demo account no deposit
binary options free demo account no deposit
binary options forex demo account
forex binary options free demo account
free binary options demo account uk
60 second binary options free demo account
60 seconds binary options free demo
binary options free unlimited demo
binary options demo game
how to get binary options demo account
how to trade binary options demo
binary options demo account iphone
binary options demo account india
ig binary options demo
ig markets binary options demo
what is binary options demo
binary options demo konto
binary options live demo
binary options live demo account
binary options demo mobile
binary options mt4 demo
binary options mt4 demo account
binary options 1 minute demo
market world binary options demo
metatrader 4 binary options demo
binary options demo no sign up
binary options demo account no sign up
binary options demo account nadex
binary options demo online
binary options open demo account
opteck binary options demo
one touch binary options demo
binary options demo practice
binary options demo practice account
binary options trading platform demo account
binary options trading platform demo
binary options demo review
binary options robot demo
redwood binary options demo account
redwood binary options demo
binary options demo without registration
binary options demo software
binary options 60 seconds demo
binary options 60 sec demo
stockpair binary options demo account
30 second binary options demo account
binary options demo trading account
binary options trading demo account without deposit
binary options trading demo account uk
binary options demo account traderush
binary options auto trading demo
60 second binary options trading demo account
trade binary options uk demo
binary options demo us
binary options unlimited demo
binary options demo account usa
binary options demo video
vantage fx binary options demo
binary options demo without deposit
binary options demo without account
binary options with demo account
binary options brokers with demo account
binary options brokers with demo
binary options trading platform with demo account
binary options brokers with free demo accounts
binary options demo youtube
24 binary options demo account
demo account binary options 30 seconds
4xp binary options demo
60 sec binary options demo

P.S: Want me to help you personally? If yes, you can buy my helpful eBooks or Hire me now!
Ads: Click here to apply for recruitment jobs

AD: Click here to Read Latest Nigerian News

Tags:

About the Author

Ifiokobong Ibanga is a life coach, a mentor and an inspirational speaker. He like testing ideas to find out what works. Sure, he has made substantial income online, so he's knowledgeable enough to teach you. Chat Ifiokobong Ibanga on Facebook .

Lets Hear Your Feedback

Your email address will not be published. Required fields are marked *

Top