Overall, Templer FX does offer a demo account. Traders can navigate to the Templer FX website and select the “open a demo account” option to open a demo account. Trading in a safe environment is great for beginner traders that are new to trading.
Templer FX at a Glance
| Broker’s Name | Templer FX |
| 📍 Headquartered | Kingstown, Saint Vincent and the Grenadines |
| 📅 Year Founded | 2004 |
| ⚖️ Regulating Authorities | Financial Services Authority of Saint Vincent and the Grenadines |
| 🌐 Countries not accepted for trade | US, UK, EU, Canada, Turkey, Israel, and Japan |
| ☪️ Islamic Account (Swap Free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:200 |
| 💰 Minimum Deposit | No minimum deposit |
| 💳 Deposit Options | Visa WeTransfer Skrill PerfectMoney FasaPay |
| 💳 Withdrawal Options | Visa WeTransfer Skrill PerfectMoney FasaPay |
| 💻 Platform Types | MetaTrader4, TemplerFX Trader |
| 📱 OS Compatibility | Web browsers, Windows, Linux, MacOS, Android, iOS |
| 📈 Tradable Assets | Forex, CFD, Indices, and Metals |
| 👨💼 Languages supported on Website | English, Russian, Indonesian, Chinese |
| 👥 Customer Support Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, and Slovenian. |
| 📆 Customer Service Hours | 24/5 |
| 🚀Open an account | 👉 Click Here |
Templer FX Keypoint Overview
How to set up a Demo Account – Step by Step
To register for, and set up a demo account with TemplerFX, traders can follow these steps:
Step 1 – Open up the Templer FX Website.
Go to the TemplerFX website and select the banner labelled ‘Open demo account’.
Step 2 – Insert your credentials.
Traders will be redirected to a page where they will be asked to complete a form to register with the broker.
Traders need to fill in their name, email address and telephone number. Also, tick the boxes to accept the Privacy Policy and Terms and Agreements before continuing.
Step 3 – Complete the Sign up form.
Traders will now be redirected to a new page where they must select to open a demo account where they are free to explore the broker’s offering and/or to practice trading, test strategies, and more.
Step 4 – Verify and login into your account.
They will receive an email at the address that they provided that contains the trader’s demo account number, automatically generated password, and server. Next, the trader must download the TemplerFX in-house or the MetaTrader 4 platform onto their preferred devices and trading can commence.
A demo account is also seen as a practice account as it provides traders with the ability and freedom to explore the broker’s offering without running the risk of any losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what TemplerFX has to offer.
TemplerFX Demo Account Features
TemplerFX’s demo account has the same features as a live trading account. Traders have access to the same functions, features, and options that they normally would on a live trading account.
However, trading with a demo account is risk-free as traders make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
With TemplerFX the trader can use the demo account for an unlimited time unless it lies dormant for more than 30 days.
When making use of the proprietary platform, traders will have access to the various functions, tools, features, and more, which is offered by these trading platforms.
Pros and Cons
| ✔️Pros | ❌Cons |
| Demo account sign-up fully digital | None that can be seen |
| MetaTrader 4 offered | |
| Sign-up completed in minutes | |
| The in-house trading platform offered | |
| Unlimited use of demo account if it does not lie dormant for more than 30 days |
Customer Reviews
This broker is not regulated
This broker is not regulated. But they have plenty of easy withdrawal options for East African customers
Advice to retail traders
Advice to retail traders. In simple words, be aware of this broker and their partners . Last time i have deposited using a service they call flutterwave ( MoMo) they didn’t reflect the amount to my account. I chatted with 3 of their agents, always telling me that my problem is going to be resolved within 24 hours. Now it’s 4 days without my money. I’m totally frustrated. This broker is not trustworthy, you can even see it’s reviews online, they are being shited. Be aware please 🤬😡
looks good
looks good, instant withdrawal, but not many options to receive money
Conclusion
Overall, Templer FX does offer a demo account. Trading in a safe environment is great for beginner traders that are new to trading. Templer FX has effective customer support, tight spreads and many trading opportunities.
FAQ
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does TemplerFX offer a demo account?
Yes.
For how long is the demo account valid?
If you do not leave the demo account dormant for more than 30 days, then the demo account will never expire.
Which live trading accounts does TemplerFX offer?
- Universal FX Account
- XBTC Account
- Cent FX Account
- MAM Account
- Segregated Account
What are the available deposit currencies for a live trading account?
EUR, USD and BTC depending on the account type.
Featured SA Shares Writer and Forex Analyst.
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