What is MetaTrader 4 Demo Account?
The demo forex account is a forex practice trading account provided for on the Forex MT4 platform - forex demo account MT4 - this demo forex account is similar to the real forex account with the only difference being that a practice demo forex account you trade with virtual money and not real money.
When practicing forex trading on a practice forex account this online practice forex account provides you as a beginner trader with the required Forex trading experience needed before opening a real forex account - traders can choose the forex demo account no time limit that they can use to practice trade with for as long as they want until when they have come up with a profitable forex trading strategy which they have tested on this forex demo account - this practice demo forex account shows beginner traders how to use all the online trading features which are provided for trading by the MetaTrader 4 platform.
Opening of a Demo Account in the MT4 Platform
How to Open a Demo Account using MetaTrader 4 Platform
- Download MT4 Platform - forex MT4 Platform.
- Setup the Forex MT4 Platform.
- Open the Forex MT4 Platform.
- Enter the Forex Sign in Details: Account Name & Password for the Demo Trade Account
- Open Forex Charts & begin practice forex account practice trading.
- If you do not have a forex demo trading account you can sign up for a demo trade account using the File menu, Click New Practice Account Registration & enter your details.
To start forex practice trade as a beginner trader you will need the Forex MT4 platform and with this trading platform you can then open demo account to learn forex trading - MetaTrader 4 practice forex trading account.
How Do You open MetaTrader practice? To begin practice forex trading with a demo forex trading account used for practice trading, a trader can do this direct from their MT4 platform software. Shown Below is a demo forex account opening example explaining how to open a demo account & how to start practice trade practice using MT4 software, on the top left corner: click File then click 'Open an Account' button key as illustrated below.
What is MT4 Demo Account - Open Forex Demo Account MetaTrader 4 Platform
Once you click on this link you'll be taken to your forex trading broker web site where you can register for practice forex account login details of a Forex practice account.
Next step is to fill the following open practice forex account form displayed below, the required information is:
- Your first name
- Last name
- Country
- City or town
- Phone number
- E-mail address.
After filling these demo forex account opening details on the open demo trade account form below, click the open trading demo account button.
Opening of a Demo Account in the MT4 Platform
Once you fill the Start Demo Trading Account form & complete this step, you'll then receive the confirmation details of your trading demo login and password details as shown and illustrated below. A copy of these demo forex account login credentials will also be sent to your e-mail address.
Forex Demo Account MetaTrader 4 - MetaTrader Forex Demo Account Registration Sign up
The start demo account trading details of the free practice trading account you just registered for which are sent as an email will appear in your inbox as illustrated & shown on screen shot below.
Demo Sign Up Details Sent to E-Mail Address - Forex Practice Account
Once you receive the demo forex account login details to your MetaTrader 4 demo trading account, you can now then login into the MT4 platform and start to access the online forex market & practice trading on this practice account. This demo forex account also has a practice trading app version which you can also use to log in to your free demo trading account using MetaTrader 4 app. This forex demo account can be used to learn about online forex trading, online stock indices trading, online CFDs trading as well as online Gold trading.
