WikiFX

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Based on my deep-dive into publicly available details about SIBL, I could not find any explicit mention of a free demo account, nor any straightforward information regarding whether demo trading is offered or if there are usage restrictions such as a time limit before it expires. As someone who has navigated the due diligence process with many brokers, I always treat the absence of clear demo account information as a red flag—especially when considering a broker like SIBL, which currently holds no valid regulatory license and whose WikiFX risk indicators note high potential risk and a warning to stay away. From my experience, reputable brokers are usually transparent about their account types and demo offerings since demo access is fundamental for traders wanting to test conditions or develop new strategies without risking real funds. The lack of this information with SIBL makes it impossible for me to confidently recommend them for practice or live trading. For me, the combination of non-existent regulatory status and vague or missing details about trader resources like demo accounts strongly suggests extra caution is required here—and I would look for another provider that openly supports prospective clients with clear, risk-free demo options.