Start Options, a provider of binary options, announced that traders can now check out their options using a virtual demo account. They are currently the only provider that provides this service. This sector is evolving together with traditional forex trading.
I’m repeating my pledge to check their possibilities using a forex demo account. Up to now, a demo account wasn’t available in the field of binary options – not for stocks and not for forex binary options.
Now, Start Options are offering this service, which I see as essential for anyone trying a new trading field. If you wish to see it for yourself.
They also announced that traders of binary options can now trade from as little as $30. This low entry level makes such trading more accessible. Similar to a demo account, this allows testing of real trades but with limited risk for new traders.
More and more people use binary options for hedging forex positions. This is an interesting tool that is gaining more and more traction. As it becomes more popular, the services are getting better.
Update: The binary options demo account is no longer available at StartOptions.
Disclosure: I’m affiliated with Start Options.
For more on binary options, see BO Crucnh.