Trade Forex Trading

MT4 Demo Trading Account and Online Gold MT4 Software Platforms

The Online market being one of the liquid financial market in the world means that online traders can enter the market anytime they want and get to place their online trade transactions using their platform - like the MetaTrader 4 software.

Decreased requirements to trade the online trading market, high speed internet and the advancements in communication technology are all responsible for having driven this financial market to where it is today. These changes in technology took the market from being limited to large financial institutions, banks and multinational companies to the point which ordinary traders can now trade through an online broker and participate in one of the largest financial market in the globe through Online Trading networks of brokers & banks or what is called the interbank gold market.

Because of this beginner traders - new traders, online gold brokers began improving their retail services and accessibility to online xauusd. Different online platforms suitable for different types of traders have been made to meet needs of the new market. With versatile platforms, xauusd apps, xauusd app demo practice accounts, and software, brokers are finding that the popularity of the market is rapidly growing.

Many Brokers feature Micro trading accounts. These accounts allow their clients to register, sign up & open a gold account with a minimum margin of $100 dollars - margin is another name for xauusd capital.

If as a beginner trader you are interested in opening a gold account, the first thing that you will need to have is a computer with an inter-net connection. The internet connection is important for an effective trade to work because traders will use this internet connection to connect to their online broker through their MT4 software & place trades online using this MT4 software. You need an online internet connection for your trade orders to be processed quickly.

Next, you'll need to choose a broker company, the broker should provide you with a software to use - for example the broker can provide you with the MetaTrader 4 software or the MT4 app for mobile xauusd. The Demo Trading Platform for example the MetaTrader 4 demo platform is simply a software program that is used by traders to connect to the market. You download MT4 software, then set it up, then open an MT4 free demo account for beginners - and then use this broker MT4 demo account to learn how to use MT4 and also how to trade on the MetaTrader 4 Platform. You also can use the mobile phone apps with the - XAUUSD App Demo Account - to practice xauusd with using your mobile phone. To learn & know more about how to setup MetaTrader 4 software you as a gold trader can find the learn tutorial on the how to use MT4 software tutorial guide on this learn site.

It is important that as a trader you select & choose a trade platform that you're comfortable using.

  • The platform must provide real time gold price quotes information that is accurate and up-to-date - This info is represented using streaming quotes for example on the MetaTrader Platform - MetaTrader 4 software this information is provided using free MT4 charts provided on the MetaTrader 4 platform.
  • The platform must be secure and stable.
  • The platform should have free charting tools to perform trading analysis on the charts provided on this platform
  • This online platform should also have a feature that will allow you to store your gold trade positions transactions history
  • this trading software should also allow you as a gold trader to execute orders with ease
  • The platform should be easy to learn xauusd with

With all these features, you as a gold trader can use this platform and learn how to trade with it using a free demo account for beginners and improve the way you trade in the market and also minimize the risk of losing money by first trading using a practice account known as a practice demo account.

Consider opening a demo gold account, which is a demo practice account - will allow you to try out the software & the market without risking any real cash. By practicing xauusd with the demo account for example you as a gold trader can practice on the MT4 demo account, you allow yourself the time to decide if this is actually the platform that you would like to use when online trading.

Demo Trading Platform

STP stands for Straight Through Processing XAUUSD Network. With an STP xauusd you'll be directly connected to the interbank network through the Straight Through Processing XAUUSD Network.

MT4 Demo Account - Demo Platform

How to Open Demo Account in MetaTrader 4 Software Platform - Opening XAUUSD Trading Demo Account in MetaTrader 4 Software Platform

Demo Gold Platform

Most traders will generally favor trading using an STP Online Broker because it is much easier to place trades on STP execution

Traders that participate in traders are investors that want to make profit by buying instruments which are appreciating in value & selling the ones which are depreciating. To trade online, a beginner needs to open a account with a broker and deposit money into the account to facilitate online xauusd transactions.

Demo Trading Platforms such as the MT4 softwares provide traders with free broker MT4 demo account - designed to stream live gold price quotes to their clients ( traders) so that these online traders can instantly execute trades.

Once a trader chooses/selects a Demo Trading Platform, they then download their software, install the software on a computer with an inter-net connection. Then open a account and login and sign in to the software platform to receive real-time quotes of xauusd. This streaming price quotes data is graphically drawn on a grid forming what is known as the charts. The trader can then place trade positions through this software provided. Online brokers also offer XAUUSD Trading Demo Accounts which are free practice accounts that beginner traders can practice trading with.

Trades can not be made directly to the market, & only can be set and placed through an broker, linked to the inter-bank network of other banks, this is the network of banks is used to facilitate xauusd.

The most favored software is known as MetaTrader 4 Software Platform (or MT4), MT4 software is easy to learn and has some of the best charts and this MT4 charting platform software comes with Indicators for trading analysis.

Many traders agree that the best XAUUSD Trading Online Demo Trading Platform is the MetaTrader 4 software. When doing platform comparison most traders compare and analyze other softwares as full of bugs, with a poorly designed user inter-face that's hard to use & navigate with, & sub-standard technical analysis tools to select from.

Most Online brokers have even switched to MT4 software after facing pressure from their clients to implement this software. Some opting to offer choice between, their own software and also the MetaTrader 4 software, among others like Currenex software.

Demo Practice Trading Software

The MT4 trading platform is a platform software for trading the financial markets. The MT4 software has versions for both PC computers & Mobile phones. MT4 software is a tool used by traders to gain access to the online trading market, interpret price charts & place and open trade orders through to their MT4. The MT4 platform is owned by the broker from where you as a Gold trader can download it for free from their website.

Key features of the MetaTrader 4 Platform Software - Demo Platform software:

  • Extremely Fast Trade Execution.
  • Realtime summary of client's order, account equity, floating profit and loss
  • Chart based Click Transaction via MT4.
  • Market Analysis Tools & Analysis Tools - indicators
  • Automated Trading programming language and Expert Advisors(EAs) (Expert Advisor).
  • Daily Account Statement Sent to the Clients E-mail
  • Complete gold analysis package, with wide range of built in indicators and charting & trading tools.
  • Multilingual user work-space - English, Arabic, German, Spanish, French, Chinese, Russian

These features make the MetaTrader 4 platform software the most favored Demo Practice Trading Platform software.

As a beginner trader you as a gold trader can download Demo Platform MT4 Platform Software & practice xauusd with these tools on a demo practice demo account.

Get More Tutorials and Lessons & Courses:

Forex Market Traders Seminar Gala

Forex Market Traders Seminar

XAUUSD Broker