Is the demo trading account on the Easymarkets platform rigged?

Asked 5 years ago

Hi, I'm practicing my trading strategies with paper money before I start a real account. But I feel like I'm doing too well at this. Is it accurate? What are the odds that the account is rigged?

Accuracy of demo accounts Demo account easyMarkets

Andrew Moran

Sunday, July 11, 2021

Let's go through a few things here.
First, demo accounts are available on easyMarkets and are pre-loaded with $10,000.
Second, you can trade stocks, cryptocurrencies, forex, and CFDs in the same manner as the funds in an authentic trading account.
Third, there are no restrictions on the demo account.
Fourth, it is regulated by several organizations, including the Australian Securities & Investments Commission and the financial regulatory body for Cyprus. The business also possesses a license with the British Virgin Islands (BVI).
Fifth, you can always compare what is happening in your demo account to what is transpiring in the overall financial markets.
Sixth, you might just be good at trading!