Some binary trading software decide to follow the footsteps of binary options brokers and offer numerous accounts with different benefits. BinBot Pro decided not to mention any specific account types on their homepage, so we needed to register in order to see whether or not there is a demo available.
The registration process is pretty straightforward. Traders must first follow the button in the upper right corner of the website to access the registration form. Then, all they need to do is fill out the form. The requested data is: first name, last name, phone, account currency, email, password and broker. The account can be opened in USD, EUR, BTC and LTC, which means that two cryptocurrencies are supported for account registration.
Upon the registration, the traders are immediately redirected to the trading dashboard. There they can also activate their BinBot Pro demo account that is allowing traders to test the platform. Still, the BinaryBot Pro demo could be better executed, as it has to be renewed in short intervals of time – every 60 seconds. More solid demo account that lasts a week would be much more efficient and more user-friendly.
Also, traders would have a chance to see what real trading looks like and get a much better perspective as this time-limited demo can affect their virtual trading in critical moments.
The real trading account is available only after the trader has made a deposit in the amount of $250 with a broker of their choice. We were offered only one broker, but we can hope they will add more brokers in the future for even better trading experience.