Trading involve risks and are not suitable for all investors. Please ensure you fully understand the risk involved.
Yes, Mitrade provides demo account trading for clients upon registration. Practice and familiarize yourself to our user-friendly trading platform available via mobile app or web platform.
Practice your trading without having to risk your own money with our demo accounts.
You will be given a demo account upon registration. You can opt to practice your trading skills on the demo account before transitioning to actual live account trading.
You don’t have to manually deposit any funds into your demo account. When you successfully register a demo account, you will have USD50,000 or AUD50,000 of virtual money.
When the equity in your demo account is under USD200 or AUD200, the system will automatically replenish your demo account so that you have USD50,000 or AUD50,000 of virtual money again.
The demo account is valid for 90 days. If you do not open a live account after 90 days, the demo account will be frozen, and all trading activities will be blocked. You can resume trading on demo after you open a live account.
Your demo account will not expire once you open a live account within 90 days. You can continue to use your demo account even after you have opened the live account.