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Based on my careful review of the information currently available about Simplex Asset Management, I have not found any clear reference to the availability of a free demo account. As an experienced trader, I know how vital demo accounts can be for testing a broker’s platform and practicing strategies without putting real capital at risk, so the absence of this information makes me cautious. Typically, established asset management firms—especially those like Simplex, which is regulated by Japan’s Financial Services Agency (FSA) and operates primarily in asset management—tend to focus on active management of equities, ETFs, and private debt, rather than providing direct trading platforms accessible through demo or practice accounts. From my experience, brokers that market themselves primarily to retail forex traders are more likely to offer demo accounts with specific conditions such as time limits or balance restrictions. In contrast, a professional asset management firm like Simplex may not cater to this typical retail demand, so potential clients should manage expectations. The lack of published details about a demo account, combined with an overall low level of fee transparency and reportedly inconsistent customer service, reinforces my view that one should directly contact the company for the latest information before making any decisions. For my part, I would exercise added caution and prioritize brokers who openly provide comprehensive details about their account offerings, especially when it comes to opportunities to practice risk-free.