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Ahmed Harb
1-2 years

Is a free demo account available through LME, and if so, are there restrictions such as a time limit?

Broker Issues
LME
Leverage
Account
Instruments
Platform
06-10
United States
WikiFX
Reply

Based on my careful review of LME's publicly available information, I could not find any mention of a free demo account or simulation trading environment for users. From my perspective as a trader, the lack of transparency about such a basic tool signals a significant gap, especially for anyone who wants to practice with virtual funds before trading live. In my experience, reputable trading venues typically highlight demo account access, including any restrictions, since it's crucial for both newcomers and professionals testing strategies. The absence of an MT4 or MT5 platform, with LME instead relying on proprietary or niche systems like LMEselect, further complicates matters. This makes it even more important to have risk-free trial access, yet there's no sign that such an option is available. For my own trading, I need clear guidance about available resources, and in this case, I don't see evidence that demo accounts—let alone details about expiry or limitations—are currently offered at LME. Given the broker's unregulated status and user-reported issues, I would urge extra caution. When essential education and testing tools are absent or unclear from the start, it's a red flag for me as someone who values transparent and secure trading conditions. Without confirmation or details, I must conclude that a demo account is either unavailable or not openly promoted by LME, which falls short of industry standards in my view.

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