Pocket Option Demo Account Guide - registration, rules and tips

Through a practice account, you can immerse yourself in the genuine market processes without the anxiety of losing actual money, since any missteps have only virtual financial implications. You will have $50,000 for your training. But this is not the limit, the account is unlimited and you can study on it with virtually no restrictions!

Account bonus 50%

This is the most common registration method and is suitable for everyone.

Pocket Option provides convenient options for registering a demo account. Choose your preferred method and start trading!

1. Fill the Registration form with your information.
2. Create a strong password.
3. Get access to a trial account instantly.

Facebook Registration

Alternatively, you can instantly register with your Facebook account credentials. Registration via Facebook is convenient if you actively use this social network. It allows you to instantly create a Pocket Option demo account in India using your profile data.

1. Click on the Facebook logo on the registration form.
2. Enter your Facebook account information.
3. Click the "Log in" button and confirm access to the information.

Registration via Facebook takes only a couple of minutes and does not require email confirmation. You immediately get access to the trading platform.

Google Registration

Another option is to create your Pocket Option trial account using your Google profile.This option is suitable if you have a Google account. Registration occurs through your data from Google.

1. Click the Google button on the registration form.
2. Enter the email or phone number from your Google account.
3. Enter your password and click "Next" to confirm.
4. Follow the instructions to complete registration.

Registering with Google also takes a couple of minutes. The main thing is that you have a Google account.

Mobile Registration

Here are step-by-step instructions for registering via the mobile app:

1. Download the Pocket Option app on your iOS or Android smartphone.
2. Open the application and click the “Sign Up" button to begin the registration process.
3. Enter a valid email address that will be associated with your account and create a strong password.
4. Click the "Register" button to submit your details and create a free unlimited account.

Now you can start trading on a PO demo version right from your smartphone!

Practice trading is highly recommended for all skill levels for these reasons:

• Novice traders - Complete newbies can use the trial account to learn how to analyze charts, test strategies, make predictions, execute orders and manage trades without putting real capital at risk. This builds confidence alongside knowledge.
• Experienced traders - Seasoned traders benefit from trying new strategies and assets in a simulated environment before using real money. This account also provides a place to refine techniques.
• Test drive Pocket Option - Those considering opening a live account can preview the platform, assets, features and overall broker service with zero obligations through the demo. 

How to trade?

The trading platform or terminal is where you will make practice trades. Here's how it works:

• Select assets
  Filter assets by category and choose one to trade based on your analysis. Popular options include Forex pairs, cryptocurrencies, commodities, stocks and indices.
• Set transaction amount 
  Pocket Option broker allows a minimum trade of just $1.
• Time of purchase 
  Select the transaction expiration period from a minimum of 60 seconds to a maximum of 24 hours.
• Transaction monitoring 
  Track open positions and price movements using a chart.
• Trade order results 
  When the trader's order is executed, the result will be marked as true or false.
• Trade monitoring
  In the upper right corner of the screen, click on the “Trades” button to get information about recent test transactions. You will also be able to view active, completed and pending trades.
• Cancel a pending trading order
  ‍If the user wants to cancel a pending order, this can be done by simply clicking the "x" icon on the current pending order.

Analysis tools on a practice account

The Pocket Option practice account has a full range of technical tools for analysis, just like on a real account:

• Real-time price charts with customizable time intervals, allowing you to analyze historical dynamics and current price movements.
• Indicators for technical analysis - MACD, RSI, stochastic oscillator, along with others like Bollinger Bands and Fibonacci retracements, play a pivotal role in spotting market trends and pinpointing potential reversals. 
• Lines and figures - horizontal and vertical lines, channels and other figures to indicate support and resistance levels.
• Built-in news and economic calendar to take into account fundamental factors.
• Statistics section with data on profitable assets and instruments.

By using this set of analytical tools within a demo account, you will have the opportunity to create an effective trading method that will bring success in working with real finances.

Tips

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Here are some tips from experienced traders that may be useful to you.

• Start small - Even with consistent demo success, begin live trading slowly with small positions to adjust.
• Follow strategy - Stick to the proven strategy that worked well on demo to minimize rookie mistakes.
• Stay patient - Build up your live account steadily. Don't get too aggressive too fast.

Pocket Option stands out for offering an unlimited free demo account with replenishable $50,000 virtual balance and full platform access. This allows you to sharpen your skills over any length of time before trading real money. This trial account completely simulates real trading conditions, which ensures a smooth transition from learning to trading with real money. Open a free, risk-free practice account today and start learning trading in a comfortable environment!