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WoodCrusher
1-2 years

Is it possible to open a free demo account with DEGUSSA, and if so, are there any restrictions such as a time limit?

Broker Issues
DEGUSSA
Instruments
Platform
Account
Leverage
08-23
United States
WikiFX
Reply

After carefully examining all the available information about DEGUSSA, I am not able to find any mention of a free demo account or related trading practice environment being offered by this broker. In my personal trading experience, a genuine and reputable forex broker will usually provide clear details about demo accounts, including how to register and any limitations. However, DEGUSSA specializes mainly in gold savings plans, gold purchase, storage, and similar services rather than a typical retail forex or CFD trading experience. Additionally, DEGUSSA operates without regulatory oversight. For me, this is a serious concern—especially since demo accounts are often one of the few ways for a trader to safely test a broker’s platform and order execution quality. The absence of regulatory protection further amplifies the risk when there's also no way to try the services in a safe, practice environment first. Given this, I personally would exercise extreme caution. The lack of information on demo accounts suggests to me that trading for practice is likely not supported—or if it is, there is no transparency about restrictions or conditions. In this situation, I would not consider opening an account—or even trialling any services—until there is clear communication about demo access and, even more critically, proper regulatory standing.

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