Demo trading Platforms... Do you know any? List them here.

[Bitcoin_Arena]

I am planning to start off serious trading next month and I have been thinking maybe practising my strategy before I start off is a good thing to do right now.
This would avoid me from making noobish mistakes in future and also help me find out if my trading strategy will quite be feasible.

So If you know about any good demo trading platform you have ever used before please, you can share a link/name here and I will check it out.


UPDATE

Suggested platforms so far

- http://www.bitsgap.com/
- https://hitbtc.com/
- https://www.cpaytoday.com/trialbitcoinexchange/
- https://niffler.co/
- https://testnet.bitmex.com/
- https://simplefx.com


Credit goes to;
1. OmegaStarScream
2. SARA ISLAM
3. BitsGap
4. Ucy

Thank you.

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[OmegaStarScream]

It's hard to tell which one is the best because it depends on your preferences but I suggest checking Hitbtc, Whaleclub, and Bitmex.

[anu1908]

i think you should step up your game with trading with real money to make sure you also experience the emotions that can get through your strategy. demo trading is good but real life experience is different. try demo trading and real trading at the same time maybe, but of course only use money you're fine to lose.

[Bitcoin_Arena]

It's hard to tell which one is the best because it depends on your preferences but I suggest checking Hitbtc, Whaleclub, and Bitmex.

Thank you, am going to have a look at them.

EDIT:
- Looks like HitBTC no longer has the demo trading feature.
- Whaleclub has like 3 domains (https://whaleclub.io, http://www.whaleclub.org, https://whaleclub.co) so I wasn't sure which one was the genuine one.
- Looks like am now left with the Bitmex option which isn't bad.

i think you should step up your game with trading with real money to make sure you also experience the emotions that can get through your strategy. demo trading is good but real life experience is different. try demo trading and real trading at the same time maybe, but of course only use money you're fine to lose.

I am going to set a 3-week target to know the feasibility of the strategy I am thinking of using so, I will definitely not make lax decisions. Emotions are not a big problem for me. I just want to be sure this thing will work.

[Obiwankenodium]

What will you be trading? Bitcoin and other big coins you can trade on the testnet of bitmex which is a good platform.

[SARA ISLAM]

Well, you make good decision maximum people jump into a trading war without test his trading strategy its a wrong decision. Minimum 3/4 months use your strategy in practice account, Good luck.
Demo platform links
https://testnet.bitmex.com
https://simplefx.com

[Bitcoin_Arena]

What will you be trading? Bitcoin and other big coins you can trade on the testnet of bitmex which is a good platform.

Yep, i will be doing only major coins

-snip-

Thanx, Bitmex seems pretty nice for a start.

[Coin-Desk]

There are demo versions for practicing today's most trading platforms. If you search Google, you will find many such trading platforms. You're right, it's good to practice before you start trading. A few days ago I saw a trading platform that has the advantage of demo trading. The name of the platform is Bitsgap You can create an account here and make demo trading. There are also many more demo trading platforms. You can use your preferred trading platform.

Thank you

[sheenshane]

As of now, if you are trying to go for trading and you're new, youtube is actually a great source of demos from different mentors and individuals. Aside from it's free, they are actually competing with each other to produce a high demand and competitive content to help the traders. If you are not a person that likes watching videos and learn from it (if you are not a visual learner) then you should seek for a personal coach just like a mutual friend.

If you are really pursuing how to explore knowledge on the forex market.
Learn the 23 steps on trading: https://www.learntotrade.com.ph/23-tips-on-cryptocurrency-trading/

[wayancrypto]

For spot crypto trading only HitBTC provide demo account, but for margin trading all broker is provide it, all broker that use Metatrader platform is provide demo account, so you can try crypto margin trading in Metatrader platform first, that broker is OCTA FX, SIMPLE FX, FX Open.

[OmegaStarScream]

- Looks like HitBTC no longer has the demo trading feature.
- While club has like 3 domains (https://whaleclub.io, http://www.whaleclub.org, https://whaleclub.co) so I wasn't sure which one was the genuine one.
- Looks like am now left with the Bitmex option which isn't bad.

I was referring to the .co version but even then, after searching, I found a decent amount of scam accusations, so If you're planning to use them for real transactions, you should be careful.

[BitsGap]

I am planning to start off serious trading next month and I have been thinking maybe practising my strategy before I start off is a good thing to do right now.
This would avoid me from making noobish mistakes in future and also help me find out if my trading strategy will quite be feasible.

So If you know about any good demo trading platform you have ever used before please, you can share a link/name here and I will check it out.

Thank you.

Hi! At Bitsgap (www.bitsgap.com) you can use our demo account to practice your trading on 25 popular crypto exchanges. We imitate the real order book where you can test your trading strategies in a risk-free environment. We have different packages for real accounts, but demo is absolutely free. You need to create an account and then in your account settings switch to demo. Enjoy!

[Babyrica0226]

I am planning to start off serious trading next month and I have been thinking maybe practising my strategy before I start off is a good thing to do right now.
This would avoid me from making noobish mistakes in future and also help me find out if my trading strategy will quite be feasible.

So If you know about any good demo trading platform you have ever used before please, you can share a link/name here and I will check it out.

Thank you.

Perhaps, the platform exchange that belongs in the top 5 at the coinmarketcap is the best place to start practicing trading. Just like Binance, IDAX, Okex, Houbi, and Coinbene. Those platform to me was already proven and tested actually.

[CoinChili]

I onyl used Bitmex demo trading before. It helped me alot until today. I am noy familiar with hitBTC like others are mentioning but I will guarantee that bitmex had an information guide on how to use it. They will also help you to learn the uses of leverage, etc.

[Ucy]

This is the wise thing to do.. It is good to learn or experiment as long as possible instead of just jumping in to trade with hard earned money and regret later.
There are lot of them but I will recommend a few quality ones:

HitBTC Demo trading
https://hitbtc.com/

Cpaytoday Exchange Simulator
https://www.cpaytoday.com/trialbitcoinexchange/

Niffler.co Learn Crypto Trading Simulated Crypto Traders
https://niffler.co/

BitMEX Stimulated Trading.
https://testnet.bitmex.com/

[Bitcoin_Arena]

I was referring to the .co version but even then, after searching, I found a decent amount of scam accusations, so If you're planning to use them for real transactions, you should be careful.

Thanks for the alert. Luckily I didn't use the links.

Hi! At Bitsgap (www.bitsgap.com) you can use our demo account to practice your trading on 25 popular crypto exchanges. We imitate the real order book where you can test your trading strategies in a risk-free environment. We have different packages for real accounts, but demo is absolutely free. You need to create an account and then in your account settings switch to demo. Enjoy!

Hey I have used bitsgap alongside the bitmex demo platform for a few days now. I was excited about the possibility of trading and switching from one favorite exchange to another and since I will be majorly using Binance, this is wonderful. However, there is one downside. Sometimes your website is too slow and barely loads a page.
This has affected my daily target as I cannot login to perform my daily trades.

I did even make a complaint here but got no response from the team.

-snip-

Thanks for the suggestions, Niffler seems interesting, I will check it out next week.

[palle11]

Emotions are not a big problem for me. I just want to be sure this thing will work.

  I can laugh on this. Surely emotions should be a problem for a newbie. A longtime trader also has issues with emotions too, so I won't be surprised with a newbie.

You need a practice with small real money to know how you feel when the money starts going down before you know if you can do bigger transaction.

[carter34]

This would avoid me from making noobish mistakes in future and also help me find out if my trading strategy will quite be feasible.

Demo trading won't make you run away from losing money if you become careless with your live trade. If you have good strategy, manage the money you have, then that is ok.

Yes it will help your strategy to be better. Good luck to you.

[Bitcoin_Arena]

I can laugh on this. Surely emotions should be a problem for a newbie. A longtime trader also has issues with emotions too, so I won't be surprised with a newbie.

You need a practice with small real money to know how you feel when the money starts going down before you know if you can do bigger transaction.

Ofcourse, I am going to later on trade with real money but i need to know if the strategy will work. That why I was looking for a demo trading platform.

And there is no need to laugh because I can assure you emotions are not a problem to me when it comes to money.
- I won't be too depressed if I lose out
- I won't try to be so greedy (in fact, what I am going to use will not accommodate any sort of greedy in it)
- No FOMO
- No panic selling
Because, I have been through a lot worse scenarios.

If you have experienced emotions as a long time trader, don't expect me to be like you.

[Bitinity]

I would prefer to spend small amount of money for that purpose instead of using demo trading. Why? Simply because the feel and thrill will be very different. If you use demo trading, high likely you will have no fear of losing real money while on other hands you will feel different thing when you use real money although just small amount.
It is ok to start with demo trading, but using it too much wont help you a lot once you do real trading. Controlling your emotions on taking decision will be more effective to be practiced with real money.