How to Register Demo Account in MetaTrader 5

How to Register Demo Forex Account on MetaTrader 5

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

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

How to Register New MT5 Demo Account

beginners can learn how to open forex trading practice accounts in MT5 by following the step by step guide explained below.

After downloading the MT5 Forex Platform You can sign up for you MetaTrader 5 practice forex account login credentials and open a new forex demo trading account. To register for a new MT5 forex practice Account:

• Go to the File Menu at the Tops Left Corner of the MT5 Forex Platform and Select Open an Account.
• Forex Accounts can also be opened from the MetaTrader 5 Navigator Window Panel, by Right Clicking on Accounts & Select Open an Account.
• On the New Forex Account Window that appears with a list of trading servers for the MT5 platform select the appropriate server for the forex trading account you want to open - for MT5 forex demo account select the Demo Server Option
• The next step is to configure the MT5 forex practice account parameters - by clicking the practice account option & then clicking the button key labeled next, then fill in your forex practice account registration details on the forex demo account signup forms, you can select the deposit amount & the forex leverage you want to use for your practice forex trading account.
• Then Save your MT5 practice forex account login credentials credentials
• The forex MetaTrader 5 practice account sign in details for new registered MT5 forex demo account should be saved by the trader before continuing.
• After saving the log in details for MT5 forex practice account click finish.
• Login to your MT5 practice forex trading account using your new practice forex trading account login credentials

Once you are logged in you can then open forex charts & open forex trades from the MT5 forex practice account.

You can use MT5 Navigator panel to navigate your forex accounts in MT5 software

You can use MT5 Trade Tab to monitor your forex demo account balance & also monitor your open forex trades.

How to Open Forex Demo Account on MT5 - How to Open Forex Demo Trading Account in MetaTrader 5