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Learn how to trade CFDs with no risk by registering for a demo or simulation account. You can learn the features of the trading platform, become familiar with the trading characteristics of CFDs, and test your strategies with the $100,000 of virtual funds in your free demo account. A tip for beginners is to focus on only one CFD, or a few CFDs that are related or similar in trading behavior.
Remember that the psychology of trading a demo account is very different from trading a live account; and you should not infer any profitability in a live account from success in a demo account. Once you are ready to graduate to a live account, always take advantage of the flexible lot sizes and invest a small amount before taking on more risk.
OTT Financial Canada Inc. (“OTT” or “OTTFX”) is a Canadian discount broker specializing in order-execution only services in over-the-counter derivatives; including currencies, commodities, and indices (also known as “Contracts-for-Difference” or “CFDs”). OTT is registered with securities regulators in Ontario and British Columbia. We are a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). OTT and does not provide investment advice or recommendations regarding the purchase or sale of any CFD. OTT is compensated through the bid-ask spread; commission and rollover costs may also apply subject to account pricing, product traded and holding period.