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How to Open a Demo Gold Trading Account in MetaTrader 4 Software

How to Open a Demo Account in MetaTrader 4

Gold practice accounts are accounts that provide beginner traders with a technique of testing different gold trading platforms provided by gold brokers before gold traders can open a real gold trading account. Gold practice accounts are used by traders to test gold broker’s execution methods as well as gold broker’s trading conditions before these traders can open a real gold trading account with the broker.

Gold demo accounts also provide gold traders with a gold tool that is aimed to help them as beginner traders to learn the skills required to trade the gold market by using this free gold practice trading account that helps gold traders to practice real time gold trading using real-time gold price quotes & live gold prices on this practice gold practice account.

How to open a New MetaTrader 4 Demo Account

beginners can learn how to open gold trading practice accounts on MT4 by following the step by step guide described below.

After downloading the MT4 Gold Platform You can sign up for you MT4 practice gold account login credentials & open a new gold practice account. To register for a new MT4 gold practice Account:

  • Go to the File Menu at the Tops Left Corner of the MT5 Gold Platform and Select Open an Account.
  • Gold Accounts can also be opened from the MetaTrader 4 Navigator Window, by Right Clicking on Accounts and Select Open an Account.
  • On the New Gold Account Window that pops up with a list of trading servers for the MetaTrader 4 platform select the appropriate server for the gold account that you want to open - for MetaTrader 4 gold practice account select the Demo Server Option
  • The next step is to configure MetaTrader 4 gold practice account parameters - by clicking the practice account option and then clicking the button labeled next, then fill in your gold practice account registration details on the gold demo account opening forms, you can choose the deposit amount & the gold leverage you want to use for your demo gold trading account.
  • Then Save your MetaTrader 4 demo gold account login details credentials
  • The gold MetaTrader 4 practice account login details for the new registered MT4 gold practice account should be saved by the trader before continuing.
  • After saving login details for the MT4 gold demo account click finish.
  • Sign in to your MetaTrader 4 demo gold account using your new demo gold account login credentials

Once you are logged in you can then open gold charts & open gold trades from the MetaTrader 4 gold trading practice account.

You can use MetaTrader 4 Navigator window to navigate your gold accounts on the MT4 software

You can use the MT4 Trade Tab to monitor your gold practice account balance & also monitor your open gold trades.

How to Open Gold Demo Account in MT4 - How to Open Demo Account in MT4

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