Test the Waters Risk-Free: How to Try Trading with a Pocket Option Demo Account

Let’s face it, real money is rarely made through a job; they are made in the markets. NASDAQ is up 20% YoY. S&P 500 at 13%. Even gold, historically not a volatile asset, has gained over 60%. Part of this is USD and EUR losing value due to M2 inflation. If you are not investing or trading, this inflation is hard to outpace. If you are not playing the game, you are losing.

However, entering the market for a new trader is fraught with risks. The chances of entering a bad trade, choosing the wrong stock, or failing to do proper risk management are very high.

The best practice for new traders is choosing a demo account, which allows them to practice and upgrade their strategies without putting any real money on the line.

Most brokers and even crypto exchanges don’t offer a demo account at all. For the few that do, the majority provide little more than the ability to trade. However, in this space, there is one outlier. Pocket Option doesn’t just offer a free demo account; it loads it with features, including some that are genuinely unique.

Unique features of the Pocket Option demo account

Pocket Option broker has gained a lot of traction in the community for its intuitive UI and low barriers to entry. However, its strongest selling point seems to be the ability for new users to trade without risking a penny. Here are the features that make Pocket Option demo experience unique:

1. The instant start

There is no registration requirement or KYC. Most brokers providing demo accounts require traders to register with them first, or, in some cases, even provide them with their credit card information (similar to ‘free’ subscriptions in Netflix or Uber). Pocket Option has an instant demo, no questions asked. Entering the demo account is as simple as clicking the button on their homepage or downloading an app.

There’s no requirement to provide any personal data. This creates a fully ‘incognito’ testing environment. No pressure, no random sales emails, no counterparty risks.

2. A massive balance

The industry standard for demo accounts is usually $1000 or $10 000. This can be low for some traders. Pocket Option instantly offers $50 000 of virtual funds. This allows users to practice more advanced strategies, such as martingale or progressive stake-sizing, which often require a larger bankroll to sustain.

3. Access to tournaments with real money prizes

There are such things as weekly and daily trading tournaments, with real prizes. Weekly tournaments require registration, but can be done from a demo account. Prize pools start from $250, and these funds are transferred to users’ real accounts. They can then either continue trading with it, earning real money, or withdraw to their bank card or crypto wallet.

This is effectively a way to start your real trading career without any investment, something unheard of on most other similar platforms.

4. MT5 integration

Pocket Option has its proprietary software for web- and mobile trading, but it also employs the best platform a retail trader can get access to, in MetaTrader 5. It is a much more complex system that allows for advanced analysis and automatic trading. Users often download bots from the MT5 Market or create their own using MQL5. Demo account gives traders full access to the MT5 toolkit, as well as the older (but still popular) MT4. This is all in addition to the quick trading mode and shares trading, which are Pocket Option’s native.

5. Custom “pending orders” testing

The Pocket Option demo is unique in that it has the pending orders feature. Users are not required to trade in real time. They can set limit and stop orders that stay until triggered or canceled.

This feature allows traders to set orders that trigger when a certain price point is reached. The platform monitors the price and activates the trade when the conditions are met. People who treat trading as a hobby or can’t be at their PC or phone at the crucial hours often prefer to start practicing with this order type.

There are, however, certain features that are not accessible through the demo account and are only available on the real account with Pocket Option. These include:

– AI trading – using AI signals provided by Pocket Option to execute trades (these are based on indicators such as RSI, MACD, MAs, etc)

– copytrading – receiving live signals from the platform’s trader community (people can choose one of the top traders, set how much to mirror per trade, and let them do all the work. These traders on PO do not take a fee)

– saving money on deposits through the ‘My Safe’ feature. Regardless, as a first step into the markets, this seems to be one of the simplest ways to get started

How to Try Trading with a Pocket Option Demo Account

1. Download the app or go to https://pocketoption.com/
2. Use the ‘Free demo’ feature
3. Select your mode (Shares, Quick trading, Forex)
4. Choose your asset (e.g., EUR/USD, crypto, stocks, indices)
5. Set your trade parameters: time, amount, order type.
6. Execute your trade, and wait for a result.

Remember, anything worth doing takes practice. Every small effort can add up over time.