Metatrader 4 demo account
Turn on and launch of the MetaTrader 4, no matter do you want to open a demo account or a real
account, includes two key stages. The first step is to install the MT4 terminal itself (that is, the
platform). The second stage is how to open a trading account - demo, real or both - with which
you log into MetaTrader.
A free Forex demo account is a demo account that does not require an investment of money, and
allows you to gain Internet trading experience, practical skills of working with the MetaTrader 4
trading terminal, as well as test your own trading strategy without risk.
A demo account can be useful even if you are an experienced trader. For example, you may well
understand Forex trading, but want to work with European stocks. First, you can practice trading
CFDs on stocks in MetaTrader on a demo account, before moving on to making trades on a real
7 FACTS ABOUT DEMO ACCOUNT
- it takes no more than 2 minutes to open it;
- no need to replenish and it is absolutely free;
- an unlimited validity period;
- possibility to trade at real market quotes;
- an unlimited number;
- can be used for arbitrary amount;
- no need to recharge.
How to open a demo account in MetaTrader 4
For the start is enough to carry out several simple operations:
- opening procedure;
- download MetaTrader 4;
For actual trading there is need to connect to the broker's server, not only to have program on
It should be pointed out, that it’s not possible to immediately open an active trading account in
the MetaTrader 4 terminal itself. You need to open an account through a broker.
On the MT4 platform, you can select the “File” tab at the top of the platform and select “Open
What is the difference between a demo account and a real one?
Since all accounts of FOREX are served by a single trading server, the main difference in
working on a demo account from working on a real one is in the psychological aspect of work.
An investor who risks real money, experiencing a large number of emotions, such as greed, fear,
hope, and thereby makes a much larger number of mistakes than the one who tests his strategy
on a demo. In real trading, emotions often interfere with objectively assessing the market
situation and making trading decisions in cold blood.
In this case, self-control, which comes with experience, and a clear trading system, which will
allow you to correctly assess the situation on the market and give an unequivocal trading signal,
will help solve the problem.
In case of any questions regarding the opening and work on the demo account, please contact us
by the phone numbers listed on the Contacts page or via the feedback form.
Demo version of the MetaTrader 4 is a great possibility to get experience and also to earn real
money in the future without risk.