It’s nice sometimes to get a little treat when trading. ThinkMarkets website says it will give you £25k for a demo account so imagine my surprise when it was loaded up with a cool £200k in virtual funds. So yes, it’s worth paper trading with Think Markets if you want more than the £25k advertised to test your strategy and their platform.
ThinkMarkets Demo Account Review
Name: ThinkMarkets Demo
Description: ThinkMarkets' demo account gives you £200k in virtual funds for 14 days to trade on nearly 4,000 markets. 66.95% of retail investor accounts lose money when trading CFDs with this provider
Is ThinkMarkets' demo account any good?
I’d say thank ThinkMarkets have an absolutely text book demo account. It’s a simple platform that lets you tap away on the major markets and demonstrates the order execution as well as the look and feel. But they keep the added value, like trading signals reserved for live accounts. So top marks for making it both easy to use and as a gateway to get traders wanting more.
Pros
- Easy to use
- Simple to set up
- Demonstrates functionality
Cons
- Trading signals not available
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Pricing
(4)
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Market Access
(3.5)
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Online Platform
(3)
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Customer Service
(4)
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Research & Analysis
(3)
Overall
3.5
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
