How to reload your demo account with IQ Option

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Demo Account

Demo Trading Account

Once you have registered your binary options free demo account, we recommend watching our video tutorials. These are a great way to learn about binary options trading, as they explain the process step by step. They cover how to use our platform, as well as trading methods and patterns worth familiarizing yourself with.

After you have watched the videos, you will be one step closer to starting trading.

Our practice account is designed to let you experience binary options trading without taking any financial risks in the process. It is set up exactly the same as a live account, and all the markets are real markets that are updated with real-time information, so you have the same information that active traders do. The demo is designed to give you the most authentic trading experience possible.

Unlike some of our competitors, IQ Option does not require a deposit when setting up your demo trading account. We are committed to providing a transparent trading environment for all of our users.

Practice makes perfect, and for binary options trading it really is the only way to learn. We know it takes time to master something, and we want you to get all the practice you need so that you can trade binary options with confidence.

Trading Tournaments

About IQ Option Tournaments

Each trader is provided with a special $ 10,000 tournament account. Initial conditions being equal.

Tournament’s leaderboard shows how much money each participant has in their tournament account in descending order. The tournament prize is credited to your real account in the form of real funds.

You are allowed to refill your tournament account throughout the entire tournament.

The tournament is a competition between traders where everyone can participate. Each participant gets a tournament account with the same amount of money. You can only trade binary options in tournaments. Aside from that, there aren’t any rules: you can trade in any asset and invest any available funds.

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    Binarium

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    Good for Beginners!
    Free Education + Free Demo Account!
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  • Binomo
    Binomo

    Only For Experienced Traders!

The winner is the trader who finishes with the most money on the tournament account. The prize pool is usually divided among the best traders from 9 to 30 people.

Each trader is provided with a special $10,000 tournament account, initial conditions being equal. The leaderboard shows how much money each participant has in the tournament account in descending order.

The tournament prize is credited to your real account in the form of real funds. 80% of your entry fee is transferred to the prize pool. You are allowed to refill your tournament account throughout the entire tournament.

In some tournaments, you can reload your account balance by depositing the original amount in real money. For example, if a tournament allows rebuys and your starting balance is $ 100, you can click “Rebuy” next to the balance and you will have $ 200 on your account.

The number of rebuys during the tournament is unlimited, but only if the current balance and the profit from open positions are less than the starting balance. At the start of the tournament, you can reload once. The rebuy amounts are totaled and added to the tournament prize pool.

How to Replenish Your Practice Account with IQ Option?

Regardless of how experienced a trader is, the practice account is always handy and useful. You can use it before you start using real money on the platform. Trading is definitely risky and it is completely normal not to start trading with real funds immediately. First, you will definitely want to try the platform out, see how you like it and decide on your approach and strategies. So you do not need to deposit funds straight away.

You can find lots of useful information about trading in our blog and in the video tutorials, they are really helpful and are aimed to improve your knowledge. But nothing can replace actual practice and experience. It is important to learn to plan your actions and implement your trading plan, learn to lose and get used to the idea that trading is not always profitable. It is hard work and you need to treat it accordingly. Practice account can help you acquire valuable real-life experience.

Practice account is given to each trader on the platform. Moreover, the practice account can be refilled as many times as you want. We believe that this approach helps traders feel more comfortable and secure, as any strategy can be practiced on the demo balance first.

You can use the practice account for as long as you like for free. The initial amount you are provided with is $10 000 and you can fill it up if you run out.

How to reload the practice account?

Let’s do it together step by step.

1) Click on the balance that you are currently on and make sure it is the practice account:

2) Click the ‘Top Up’ button here:

Please make sure that you have less than $10 000, otherwise you will not be able to top the balance up. If, for some reason, you want to have more than $10 000 on the practice balance, you can contact the Support team.

Is the practice account different from the real one?

There is no difference in the charts on the real and the practice account. So all the quotes are identical on both accounts. This allows you to plan your strategy on the practice balance and then implement it to the real one, without making any adjustments. On the practice account, just like on the real one, you can use Take Profit and Stop Loss orders (Auto Close tab) and all the same instruments are available.

Can I withdraw money from the practice account?

While the practice account is made for your convenience and you can refill it as many times as you want, it is not possible to withdraw the funds from it. The money on this balance is not real, which means that it can only be used on the platform. You cannot withdraw it to your bank card or e-wallet or transfer to another account.

Enjoy trading on the practice balance and use it to the fullest. As they say, practice makes perfect and this is exactly what the practice account can help you with.

NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.

GENERAL RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
87% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Good for Beginners!
    Free Education + Free Demo Account!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

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