How to Open a XAUUSD Demo MetaTrader 4 XAUUSD Account from MetaTrader 4 XAUUSD Platform

The XAUUSD Demo MetaTrader 4 account to learn xauusd with is the MetaTrader 4 demo gold trading account. To open a new XAUUSD Demo MetaTrader 4 account for practice trading, a xauusd trader can do this directly from their xauusd trading platform. Below using the MetaTrader 4 platform, on the top left corner; click File then click "Open an Account" button as shown below.

Open Free XAUUSD Demo MetaTrader 4 XAUUSD Account MetaTrader 4 XAUUSD Platform

Once you click this link you will be taken to your xauusd broker website where you can register for MetaTrader 4 demo xauusd account details of a XAUUSD practice account.

The next step is to fill the following MetaTrader 4 demo xauusd account opening form shown below, the required information is:

• Your first name
• Last name
• Country
• City or town
• Phone number
• E-mail address.

After filling these MetaTrader 4 demo xauusd account opening details on the form below, click the open trading demo xauusd account button.

XAUUSD Demo Account Sign up - XAUUSD Demo MetaTrader 4 - How to Open MetaTrader 4 XAUUSD Demo Account

Once you fill the MetaTrader 4 demo xauusd account opening form and complete this step, you will then receive confirmation details of your XAUUSD Demo MetaTrader 4 login and password details as shown below. A copy of these Gold login details will also be sent to your email address.

MetaTrader XAUUSD Demo Account Registration Confirmation

The xauusd login details of the free practice trading account you just registered for that are sent as an email will appear in your inbox as shown on the screenshot below.

Demo Registration Details Sent to E-Mail Address - XAUUSD Demo MetaTrader 4 Trading Practice Account - Open MetaTrader 4 XAUUSD Demo Account

Once you receive the XAUUSD Demo MetaTrader 4 account login details, you can now then login into the MetaTrader 4 platform and start to access the xauusd market and practice trading on this XAUUSD Demo MetaTrader 4 practice account.

The link to also download the MetaTrader 4 platform is also provided along with the login and password details upon registration of the XAUUSD Demo MetaTrader 4 account so that you can download the MT4 XAUUSD Software, if you haven't downloaded it.

The procedure for installing the MetaTrader 4 platform, is covered in our previous MetaTrader 4 demo tutorial lesson before this one; How to install MetaTrader 4 platform.

How to Login to XAUUSD Demo MetaTrader 4 XAUUSD Account

To login to your MetaTrader 4 xauusd trading demo; Open the MetaTrader 4 platform and at the top left corner of MetaTrader 4 click "File" then click Login as shown below:

Login to XAUUSD Practice Account on XAUUSD Demo MetaTrader 4 Practice Trading - Gold MetaTrader 4 Demo Tutorial

The following MT4 window will popup prompting you to enter your XAUUSD Demo MetaTrader 4 account login details and password. Enter the xauusd login details as shown below and save the information by checking the "save account information" button so that there is no need to retype the next time you want to login.

Login to XAUUSD Demo Account

Enter details as below and login

Login to Practice Gold Demo Account - MetaTrader 4 XAUUSD Demo Account Tutorial

You will then be logged in to the MT4 demo xauusd account as shown below:

Example of How XAUUSD Demo MetaTrader 4 XAUUSD Account Looks on MT4 - MT4 XAUUSD Demo MetaTrader 4 XAUUSD Account

Once you have opened a free demo xauusd account you can then start to practice the following:

• How to place xauusd orders
• How to open xauusd charts and place technical indicators
• How to analyze XAUUSD charts
• How to monitor profits and losses
• How to navigate the MetaTrader 4 platform interface

While practicing all the above, the money used is virtual money, meaning a XAUUSD Demo MetaTrader 4 trader will practice using virtual money but everything else including chart gold price movements will reflect the true xauusd market movement.

Practice Demo versus Live Account

The xauusd Demo MetaTrader 4 account only difference to the live xauusd account is the deposit, with a demo xauusd account a xauusd trader cannot deposit or withdraw money but with the real xauusd account a xauusd trader can deposit and withdraw money and all the gold trades will be transacted using real money and profits can be withdrawn and losses will be deducted from the deposited amount.

Traders should use this XAUUSD Demo MetaTrader 4 practice trading account to test out their xauusd strategy and practice xauusd until such a time that they can trade the xauusd market profitably. Then when they learn how to make a profit on their XAUUSD Demo MetaTrader 4 practice account then they can open a live xauusd account and start trading the real gold market.

Once a beginner xauusd trader registers for the free XAUUSD Demo MetaTrader 4 account the next step is to learn the MetaTrader 4 platform as well as learn xauusd trading systems and xauusd strategies which will be used by the xauusd trader to generate xauusd signals for xauusd. The trader will then test these xauusd strategies on the XAUUSD Demo MetaTrader 4 trading account that they will have opened to test if these xauusd strategies are profitable. Once the xauusd strategies are profitable on the XAUUSD Demo MetaTrader 4 trading account and a xauusd trader starts to make consistent profits on their XAUUSD Demo MetaTrader 4 practice demo xauusd account then they can consider opening a real MetaTrader 4 gold trading account.