demo account for futures

[forestx]

Based on a previous thread I made I want to try a scalping strategy with high leverage
I know this is risky which is why I want to demo trade it first. Is there any place to set up a demo account for the futures crypto market that also has the option of leverage
I tried binance testnet but these are different charts not designed for paper trading
I have a TV account and paper trading set up on that but doesn't have leverage
I am looking for an exchange or site that has this with no KYC as I dont plan to trade with real money on the account
I have looked for one but cant find anything. An android game app would do as long as it showed the real market

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[Oshosondy]

No demo account like it is in forex, not common in crypto. I have seen demo account on OKX, you can try it, but I am not sure it is for future trading and also possible to have different layout.

My advice is that you can use small amount of money for future trading, I remember I used less than $1 to open long and short positions on Binance several times before I started real trading, though it depends on the leverage used, if using lower leverage, the amount of money needed to open a position will increase, but I think $10 is enough for 1x leverage.

[BitMaxz]

Have you checked tradingview? They also support Android phones you can paper trade there with futures.

If you don't know how to paper trade in Binance check this video.
- https://youtu.be/JCwMcJ-9Bvs

Also check this app for leverage simulator
- https://play.google.com/store/apps/details?id=bitcoinflip.flip

[WeedGoW]

Oshosondy already gave the best advice. You can 'demo' with $5-10 fund, no cross of course and test out your bot or script on future trading. Tho I need to remind you that some exchanges require a certain amount of time for a new account to trade at higher leverage.

[kamvreto]

The demo account is just a trial account which means nothing. Demo accounts like those in binary options trading are just robots that are set to keep winning and if you switch to a real account everything will change. It's better to use a real account but use a little of your money to try scalping strategies with high leverage as you wish, it will be better because you can know how it works for real.

If you are a professional trader of course you don't need the demo account, but if you are a beginner and hope to win with high leverage I suggest using leverage wisely or just switch to spot trading, don't be too pushy.

[palle11]

The demo account is just a trial account which means nothing. Demo accounts like those in binary options trading are just robots that are set to keep winning

IMO I don't think so. Demo trading is not robot enhance except you have a robot on it yourself

 and if you switch to a real account everything will change. It's better to use a real account but use a little of your money to try scalping strategies with high leverage as you wish, it will be better because you can know how it works for real.

Lol not for real. I think the difference between demo trading and real trading is the emotion that is involved in real life trading because you are scared to lose your money and that makes you taking irrational decision in trade.

If you are a professional trader of course you don't need the demo account, but if you are a beginner and hope to win with high leverage I suggest using leverage wisely or just switch to spot trading, don't be too pushy.

Sure he is not a professional trader and that is why he is looking to do a demo first before going real. Moreover the professional traders had their own challenges including to demo trade. They did demo trade in their beginning to master their trade.

[Hamphser]

The demo account is just a trial account which means nothing. Demo accounts like those in binary options trading are just robots that are set to keep winning and if you switch to a real account everything will change. It's better to use a real account but use a little of your money to try scalping strategies with high leverage as you wish, it will be better because you can know how it works for real.

If you are a professional trader of course you don't need the demo account, but if you are a beginner and hope to win with high leverage I suggest using leverage wisely or just switch to spot trading, don't be too pushy.

Its not bad to consider out demo trading to enhance your knowledge at least even though it wont really be that dealing with real money but at least you do able to make yourself familiarize around.

Based up on whats been asked out demo platform for futures then i dont really remember something like this had been offered so @OP, you can try some suggestions above if it do fit
out on what you've been seeking of.

Speaking with scalping or simply with spot then we know the risk differences in between two but its true that it would be much more ideal or better if you do make yourself
mastered with spot before touching up leverage or futures trade. You cant really able to bare the risk when you are already witnessing the real deal when making futures.

[darewaller]

There are few accounts here and there, but most of them would probably be a little bit wrong information in your head when you are using them. What I mean is that we are talking about stuff that would be hard to calculate the way it is, and that means we are going to end up with something that would make you a profit in demo, but not in real life.

Demo means that you wouldn't care too much because the money you are losing is not the real one, and you may learn a few things, but actually risking your money will always be harder. Sure go ahead and learn it from the demo accounts as much as you can, but it doesn't have too much to offer you in the end.

[forestx]

yea I cant seem to find one will just stick to testing my theory on tradingview
I ran some back tests on my scripts and when using proper stoploss and money management I have a 50% success rate that is with a ration of 1:1.5
If I go for broke and open trades until either take profit is reached I get liquidated I have a success rate of 95%
Have to find some middle ground between the two results
Both are on the 15 minute chart

I will do more research on testing

[fullhdpixel]

There are few accounts here and there, but most of them would probably be a little bit wrong information in your head when you are using them. What I mean is that we are talking about stuff that would be hard to calculate the way it is, and that means we are going to end up with something that would make you a profit in demo, but not in real life.

Demo means that you wouldn't care too much because the money you are losing is not the real one, and you may learn a few things, but actually risking your money will always be harder. Sure go ahead and learn it from the demo accounts as much as you can, but it doesn't have too much to offer you in the end.

I think it is expected that not all available apps/software are perfect but we can go on the ones that is more accurate than the others. If we can easily get a profit in demo than in real trade then maybe it has something to do with our confidence. It's just that

we are more confident in demo trading, knowing that we can't lose anything. Not only that but we are also dealing with volatile cryptos here so the experience really can change the moment you step in the real thing like the price isn't the same anymore and the fluctuation are now much stronger. Demo still helps as it makes you familiarize on the stuffs that you are dealing with.

[jrrsparkles]

Based on a previous thread I made I want to try a scalping strategy with high leverage
I know this is risky which is why I want to demo trade it first. Is there any place to set up a demo account for the futures crypto market that also has the option of leverage
I tried binance testnet but these are different charts not designed for paper trading
I have a TV account and paper trading set up on that but doesn't have leverage
I am looking for an exchange or site that has this with no KYC as I dont plan to trade with real money on the account
I have looked for one but cant find anything. An android game app would do as long as it showed the real market

There are tons of apps which supports forex and cryptos on both app market but I never trust them about their legitimacy and also no interest at all with futures and high leverage trading but if you are just trying then google search may give more suggestion with no need for KYC and all but my suggestion is don't try futures it is not same as you have expected and its more like a gambling with very less success percentage.