How to Open a Stock Indices Trading Demo Account From MetaTrader 4 Stock Indices Platform
The Indices Trading demo account to learn stock indices with is the MetaTrader 4 demo stock index trading account. To open a new demo stock indices account for practice trading, a stock indices trader can do this directly from their stock index trading platform. Below using the MetaTrader 4 stock index platform, on the top left corner; click File then click “Open an Account” button as shown below.
Open Free Stock Indices Trading Demo Account MetaTrader 4 Stock Indices Platform - MetaTrader 4 Stock Indices Demo Account
Once you click this link you will be taken to your stock indices broker website where you can register for MetaTrader 4 demo stock indices account details of a Stock Indices Trading practice account.
The next step is to fill the following MetaTrader 4 demo stock indices account opening form shown below, the required information is:
- Your first name
- Last name
- City or town
- Phone number
- E-mail address.
After filling these MetaTrader 4 demo stock indices account opening details on the form below, click the open trading demo stock indices account button.
Demo Registration - Online Trading Practice Account - How to Open MetaTrader 4 Stock Indices Demo Account
Once you fill the MetaTrader 4 demo stock indices account opening form and complete this step, you will then receive confirmation details of your online trading demo login and password details as shown below. A copy of these Stock Indices Trading login details will also be sent to your email address.
MetaTrader Stock Indices Trading Demo Account Registration Confirmation
The stock indices 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 - Stock Indices Practice Account - Open MetaTrader 4 Stock Indices Demo Account
Once you receive the demo stock indices account login details, you can now then login into the MetaTrader 4 stock index platform and start to access the financial stock indices market and practice trading on this demo practice account.
The link to also download the MetaTrader 4 stock index platform is also provided along with the login and password details upon registration of the MetaTrader 4 demo stock indices account so that you can download the MT4 Stock Indices Software, if you haven't downloaded it.
The procedure for installing the MetaTrader 4 stock index platform, is covered in our previous MetaTrader 4 demo tutorial lesson before this one; How to install MetaTrader 4 stock index platform.
How to Login to Demo Stock Indices Account
To login to your MetaTrader 4 stock index trading demo; Open the MetaTrader 4 stock index platform and at the top left corner of MetaTrader 4 click “File” then click Login as shown below:
Login to Stock Indices Practice Account on MT4 Stock Indices Software - MetaTrader 4 Demo Tutorial
The following popup widow will popup prompting you to enter your demo stock indices account login details and password. Enter the stock indices 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 Stock Indices Demo Account
Enter details as below and login
MetaTrader 4 Stock Indices Demo Account Tutorial
You will then be logged in to the MT4 demo stock indices account as shown below:
Example of How Stock Indices Trading Demo Account Looks on MT4 - MT4 Stock Indices Trading Demo Account
Once you have opened a free demo stock indices account you can then start to practice the following:
- How to place stock indices orders
- How to open stock indices charts and place technical indicators
- How to analyze Stock Indices Trading charts
- How to monitor profits and losses
- How to navigate the MetaTrader 4 stock index platform interface
While practicing all the above, the money used is virtual money, meaning a stock indices demo trader will practice using virtual money but everything else including stock index price movements will reflect the true stock indices market movement.
Practice Demo versus Live Account
The stock indices practice demo stock indices account only difference to the live stock indices account is the deposit, with a demo stock indices account a stock indices trader cannot deposit or withdraw money but with the real stock indices account a stock indices trader can deposit and withdraw money and all the 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 demo practice trading account to test out their stock indices strategy and practice stock indices until such a time that they can trade the stock indices market profitably. Then when they learn how to make a profit on their demo practice stock index trading account then they can open a live stock indices account and start trading the real stock index market.
Once a beginner stock indices trader registers for the free demo stock indices account the next step is to learn the stock index trading platform as well as learn stock index trading systems and stock indices strategies which will be used to generate stock indices signals for stock indices. The stock indices trader will then test these stock indices strategies on the Indices Trading demo account that they will have opened to test if these trading strategies are profitable. Once the stock indices strategies are profitable on the stock indices demo account and a stock indices trader starts to make consistent profits on their Stock Indices Trading practice demo stock indices account then they can consider opening a real stock index trading account.