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Based on my direct experience and research into Nobata, I found that they do not offer a free demo account. For me, this was a notable drawback, since a demo account is a standard industry tool I rely on to test platforms and strategies risk-free before committing real funds. The absence of a demo option means that as a trader, I would be going in without a safe environment to get familiar with Nobata’s interface or order execution, which adds an extra layer of risk, especially for anyone new to their system or to trading in general. When I evaluate a broker, the availability of a demo account is a key indicator of transparency and their commitment to client education. Without one, I'm unable to thoroughly assess market conditions, spreads, or platform quirks in advance. As Nobata is regulated by the Japanese FSA, this gives some confidence in terms of compliance, but their lack of a demo account—combined with limited available information about other trading tools—means I remain quite cautious about opening a live account. In summary, those considering Nobata should be aware that there is no demo account available, and, therefore, no timed or feature-based demo restrictions apply simply because the option does not exist. This is an important factor for me in my decision-making process.