How to Open Demo Account From MetaTrader 5 Platform

The demo MT5 account to learn stocks with is the MetaTrader 5 practice account. To open a new demo trading account for practice trading, a trader can do this direct from their platform. Below using the MetaTrader 5 Platform, on the tops left corner: click File then click the "Open an Account" button as shown below.

Open Free Demo Account MT5 Platform - MT5 Demo Account

Once you click this link you will be taken to your stocks broker site where you can register for MetaTrader 5 demo MT5 account details of a practice account.

Next step is to fill the following MT5 demo MetaTrader 5 account opening form displayed below, the required data is:

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

After filling these MT5 demo MetaTrader 5 account sign up details on the form below, click the open demo MT5 account button key.

Demo Sign Up - Online Practice Account - How to Open MetaTrader 5 Demo Account

Once you fill in MT5 practice account opening forms & complete this step, you will then receive the confirmation details of your trading demo login and password credentials as illustrated below. A copy of these sign in details will also be sent to your email address.

MetaTrader Stocks Practice Account Registration Confirmation

The stocks login details of the free practice MetaTrader 5 account you just signed up for that are sent as an e-mail will appear in your inbox as displayed on the screen-shot below.

Demo Account Sign-Up Details Sent to E Mail Address - Practice Account - Open MetaTrader 5 Demo Account

Once you receive the practice MT5 account login authorization details, you can now then login into the MetaTrader 5 platform and begin to access the financial market and practice trading on this practice account.

The link to also download the MT5 Platform is also provided along with the sign in and password details upon registration of the MetaTrader 5 practice MT5 account so that you can download the MT5 Software, if you haven't downloaded it.

Procedure for installing the MetaTrader 5 Platform, is covered in our previous MetaTrader 5 practice tutorial lesson before this one: How to install MetaTrader 5 Platform.

How to Sign In to Demo Account

To sign in to your MT5 demo: Open MetaTrader 5 Platform and at the tops left corner of MetaTrader 5 click "File" button key then click Login as shown below:

Login to Practice Account on MT5 Software - MT5 Demo Guide

The following pop up widow will pop up prompting you to enter your stocks demo MT5 account login authorization details & password. Enter the stocks login details as shown below and save the information by checking the "save MT5 account information" button so that there is no need to retype the next time you want to login.

Sign in To Demo Account

Enter details as below and sign in

Login to Practice Demo Account - MT5 Demo Account Tutorial

You will then be logged in to the MT5 demo MT5 account as pictured below:

Example of How Demo Account Looks on MT5 Software - MT5 Demo Account

Once you have opened a free demo MetaTrader 5 account you can then begin to practice the following:

• How to place stocks orders
• How to open stocks charts & place indicators
• How to interpret charts
• How to monitor profits & losses
• How to navigate the MetaTrader 5 Platform interface

While practicing all the above, the money used is virtual cash, meaning a practice trader will practice using virtual money but everything else including stocks price movements will reflect the true stocks market movement.

Practice Demo versus Real Account

The stocks practice demo trading MT5 account only difference to the live stocks MT5 account is the deposit, with a practice stocks MT5 account a trader cannot deposit or withdraw money but with the real stocks MT5 account a trader can deposit and withdraw money & all the trades will be transacted using real money & profits can be withdrawn & losses will be deducted from the deposited amount.

Traders should use this practice trading MT5 account to test out their stocks strategy and practice stocks until such a time that they can trade the stocks market profitably. Then when they learn how to make profit on their demo practice Stock MT5 account then they can open a live stocks account and begin trading the real market.

Once a beginner registers for the free demo trading MT5 account the next step is to learn the software as well as learn stock systems & stocks strategies that will be used to generate stocks signals for stocks. The stocks trader will then test these stocks strategies on the demo MetaTrader 5 account that they will have opened to test if these strategies are profitable. Once the stocks strategies are profitable on the stocks practice trading MetaTrader 5 account and a trader starts to make consistent profits on their Stocks practice practice MetaTrader 5 account then they can consider opening a real account.