How to Register Demo Account on MT5
How to Register Demo Account on MetaTrader 5
Practice trading accounts are used by beginner traders to practice and learn how to trade the market.
A demo account also is used by online traders to learn about operation of a platform - for examples the MT5 demo account can be used by traders to learn how the MT5 platform works.
Once one opens a Practice trading account on the MT5 platform, the Demo Practice trading account can be used to login to the MT5 software platform. Once one opens and logs in to their MetaTrader 5 platform using the MT5 demo account they can then open charts, interpret charts & open trades in MT5 platform using this MT5 demo account.
To open this Practice trading account one will first need to register with their broker and specify to open MetaTrader 5 practice account after which they will be issued with a MetaTrader 5 demo account sign in number and password.
Using this login account number & the account password traders can then log in to MT5 platform and place trades on their practice account using this MT5 software software.
Opening A MetaTrader 5 Demo Account from MetaTrader 5
Traders can also open a MT5 demo account from MetaTrader 5 platform.
To open a MetaTrader 5 Practice trading account from the MT5 platform one will first need to download the MT5 platform.
After downloading the MT5 platform a trader will then need to setup MT5 software on their computer.
After installing the MT5 platform on their computer a trader will then need to open the MT5 platform on their computer and from the MT5 platform workspace a trader will then follow procedure described below so as to open a Demo Account on MetaTrader 5 Software.
- Select File Menu at the Tops Left Corner of the MT5 platform
- Select Open Account from the File Drop-Down Menu
- Select Open Practice Account Option
- A MetaTrader 5 Demo Account Sign up Panel will then appear prompting you as the beginner to sign up for a MT5 Practice trading account.
Once you register for the MT5 practice account you'll then be provided with account log in credentials - MT5 Demo Account Login Number and Login Password.
You can then use these MT5 demo account sign in credentials to log in to your MT5 Demo Account. To login to your MetaTrader 5 account you can use the following procedure:
- Open MetaTrader 5 software which is installed on your PC Desktop computer
- Select File Menu at the Tops Left Corner of the MT5 platform
- Select Account Log in from the File Drop-Down Menu
- Select Demo Account Log in Option
- A MetaTrader 5 Demo Account Log in up Window Panel will then appear prompting you to enter your MT5 practice trading account sign in number and password.
- Click Log in
Once you click the log in button key you'll then be logged in to your MT5 practice account & you can then use your MetaTrader 5Practice trading account to open trades in MT5 software.
