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Rustam R
Within 1 year

Is a free demo account available with ChaoShang, and if so, are there any restrictions such as a time limit on its use?

Broker Issues
ChaoShang
Platform
Account
Leverage
Instruments
03-02
United States
WikiFX
Reply

From my research and direct review of ChaoShang's available information, I was unable to find any evidence that a free demo account is provided. For me as a trader, access to a risk-free demo account is essential when evaluating a new broker, both to test platform functionality and to get a feel for the trading conditions without risking real funds. In the case of ChaoShang, the absence of details about any demo account—let alone any mention of time limits or usage restrictions—stood out to me as a significant limitation, especially compared to many other brokers that explicitly highlight demo accounts as part of their offering. This lack affects my use-case evaluation, as it removes the opportunity for practice and platform familiarity before live trading. The omission may also make it harder for new or cautious traders to build confidence in the broker’s proprietary platforms (the Chaoshang Securities App and web interface), both of which are not as widely recognized or independently reviewed as more common platforms like MT4 or MT5. My view is that, where demo accounts are not advertised or transparently described, it’s prudent for traders to approach with extra caution and seek direct confirmation from the broker’s customer support before considering any commitments. For me, the absence of a demo account is an important factor in assessing the overall suitability and accessibility of ChaoShang.

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