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"Serious" Share Dealing Demo Account.
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THENOX
Posts: 118 Forumite


Hello,
Can anyone tell me is there out there a free serious UK based share dealing demo account?
By serious I mean one which has all the automatic order options (stop loss, tracking stop loss etc. etc.) + taking into account trading costs (of that broker) and stamp duty (where relevant) not just the watchlist or portfolio thingy.
THX,
THE NOX
Behavioural Finance...
Can anyone tell me is there out there a free serious UK based share dealing demo account?
By serious I mean one which has all the automatic order options (stop loss, tracking stop loss etc. etc.) + taking into account trading costs (of that broker) and stamp duty (where relevant) not just the watchlist or portfolio thingy.
THX,
THE NOX
Behavioural Finance...
0
Comments
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I doubt anyone bothers producing a demo with that amount of detail, closest you might get would likely be some of the forex demos, but I'm not even sure they go to that sort of detail.
ETrade used to have a demo for something like 3 weeks, but I don't know what products it covered, or what detail, quite often the demos will not cover a wide range of products, they are designed to familiarize you with the platform placing orders etc.Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0 -
www.Tradindex.com do a dummy account starting with £20,000 its mainly to familiarize you with the market - its not in real time and you need to refresh to get current prices - not a bad base to get use to trading but annoying waiting for current prices. its a start though
lets you figure which markets your happy with - been playing about 6 days now and managed to increse my holding to 25,500 - Ive found markets Im not confidant in and areas Ive managed to notice trends in, which Im still exploring before I decide to go live.
This is for financial spread betting not actual share buying thoughThanks to everyone who posts comps :T0 -
www.share.com have a practice account with £15,000 pretend money to deal.
I found it really helpful - allows you to get used to setting price alerts & limits etc - although I've lost £3,000 in the past month!
Best of luck!0 -
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Or else just jump in with a real sharedealing account from somewhere like Fool:
http://www.fool.co.uk/share-dealing/share-dealing.aspx
Big thing I've noticed is how different I react when investing pretend money, and investing real money.
If you can spare a few hundred or a couple of grand for an ISA, you can tie up both in a shares ISA with sharedealing, and get to play for real.
I'm far more cautious with my real money.0 -
Pretend money says it all. If you want to learn realtime share dealing you should do it with real money you can afford to lose otherwise you cant get a feeling for the market when it really doesnt matter to you
I recommend you get a spreadbet account with a free 100 and that will let you deal in tenths of a unit which is the same as 10 shares. Real money but quite hard to screw up big time unless you cant restrain yourself to just the 100
iii.co.uk have an account like that, you cant keep the 100 anyway so its not a real loss but you could make some profit over that if you try.
I compare it to your request for a demo account because you dont have to give your card details and it requires no funding to start trading/betting.
The prices tend to run very close to the actual share price in daytime with some sentiment/confidence sway on top.
I dont recommend this account except for practising, report back here before submitting any of your own cash
Also they seem to have sent me an offer when I made a profit, a kind of test?0
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