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Based on my thorough review of Applied Derivatives using the available information, I am unable to confirm whether they offer a free demo account or provide any specific details about restrictions such as a time limit. As an experienced forex trader, the absence of clear information regarding demo accounts is a significant concern for me, especially given how important demo trading is for evaluating a broker’s platform, spreads, and execution quality without putting real money at risk. This lack of transparency is further complicated by the fact that Applied Derivatives does not appear to have any valid regulatory status, according to the data I found; in fact, there are explicit warnings about high potential risks and a suspicious regulatory license. For my own trading decisions, I always place a high value on both transparent trading conditions and a secure regulatory framework. Without verifiable information about demo accounts and in the context of broader regulatory uncertainties, I would personally adopt a very cautious stance and look for alternatives that clearly state their demo account features and are properly regulated. Protecting capital and ensuring that I fully understand a broker’s offering before engaging, even in simulated trading, is a core part of my approach.