Guide
2025-11-10
Quotex Demo Account: Practice Trading Without Risk
Risk Warning: Binary options trading involves substantial risk. Only trade with funds you can afford to lose. Quotex is not regulated by SECP or SBP in Pakistan.
Master binary options trading without risking real money using Quotex's $10,000 demo account.
What is a Quotex Demo Account?
- $10,000 Virtual Balance for practice
- Real Market Data with live prices
- All Features Accessible - same as real account
- Unlimited Practice Time - no expiration
- Refillable Balance anytime
- No Deposit Required
Why Demo Trading is Essential
97% of new traders lose money within their first year. The primary reason is lack of practice. A demo account lets you learn from mistakes without financial consequences.
How to Open Demo Account
- Visit Quotex website
- Click Try Demo or Sign Up
- Verify your email if registering
- Select Demo Account from account switcher
- Start practicing with $10,000 virtual funds
How to Use Demo Effectively
Phase 1: Learn Basics (Week 1-2)
- Place at least 50 practice trades
- Try different assets and timeframes
- Experiment with various expiration times
- Focus on learning, not winning
Phase 2: Technical Analysis (Week 3-4)
- Learn candlestick patterns
- Practice with moving averages
- Use RSI and MACD indicators
- Place 100+ trades based on technical signals
Phase 3: Strategy Development (Week 5-6)
- Test trend-following strategies
- Try support/resistance bounce
- Practice risk management
- Keep detailed trading journal
Common Mistakes to Avoid
- Not taking demo trading seriously
- Risking too much per trade
- Trading without a strategy
- Ignoring trade journal
- Moving to real account too soon
Signs You're Ready for Real Trading
- Consistent 60%+ win rate over 300+ trades
- Can explain your strategy clearly
- Follow trading plan without deviation
- No emotional reactions to wins/losses
- Understand risk management
Transitioning to Real Account
- Evaluate your demo performance thoroughly
- Start with minimum deposit ($10)
- Trade smallest amounts ($1 per trade)
- Focus on process, not profits
- Scale gradually as you gain confidence
Ready to Start Trading on Quotex?
Open a free account today with just $10 minimum deposit. Get access to 400+ assets and start with a $10,000 demo account to practice.
* This is an affiliate link. Trading involves risk of loss.