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From my deep dive into Carlyle as a prospective broker, I found that there is no indication of a free demo account being available. In fact, Carlyle does not seem to operate as a typical forex or CFD broker that offers trading accounts or demo access for retail traders at all. Instead, Carlyle functions as a global investment management firm focused on institutional asset management in private equity, credit, and other investment solutions. This means the traditional features that traders like myself value—such as demo accounts, leverage details, or trading platforms—are entirely absent. For me, the absence of any details about demo accounts or retail trading conditions is a red flag. Even more concerning is that Carlyle isn’t regulated by any financial authority recognized in the retail trading space. Transparency and regulatory oversight are critical for trust, particularly since unregulated entities often carry high risk. Therefore, for anyone serious about trading forex or CFDs, the lack of a demo account and the total absence of retail trading infrastructure would be immediate causes to look elsewhere. In summary, Carlyle doesn’t offer a free demo account, and there are no terms or restrictions because such an account simply does not exist within their service model.