How Does Indices Trading Demo Account Work?
What is MT4 Demo Trading Account?
The MT4 demo stock indexes trading account is a practice indices trading account provided on the MT4 indices trading Platform - this MetaTrader 4 demo practice account is the same as the MetaTrader 4 real indices trading account with the only difference between these two stock indexes trading accounts being that with a demo practice account you indices trade with virtual money.
How to Open Demo Account in MT4
How Do I open a demo indices trading account? In order to open a demo stock indexes trading account and start stock indexes trading on the demo indices trading account a indices trader should follow the following how to open demo indices trading account procedure:
- Download the Indices Broker MT4 Indices Trading Platform.
- Install the MT4 stock indexes trading broker platform on your PC.
- Open the MT4 Indices Trading Software Platform.
- Click on the File Menu and Click open an account and Select MetaTrader 4 Demo Indices Trading Account Option.
- After opening the MT4 demo stock indexes trading account.
- Click on the File Menu and Select Indices Trading Login.
- Enter your MetaTrader 4 demo indices trading account Indices Trading Login Details and login to the online trading platform - MetaTrader 4 stock indexes trading platform.
How does Indices Trading demo trading account work?
A indices trading demo stock indexes trading account is a stock indexes trading practice account funded with virtual money and is used by beginner stock indexes traders to learn and practice stock indexes trading.
Where can I practice stock indexes trading?
You can practice indices trading online by opening a indices trading practice demo stock indexes trading account from the MetaTrader 4 stock indexes trading platform provided by online MT4 stock indexes trading brokers.
What is the difference between a demo and live trading account?
Demo account is the same as a live account when it comes to trading of indices trading platform, features used in the indices trading platform as well as stock indexes trading charts and indices trade orders execution - the main difference on a demo stock indexes trading account is that traders trade with virtual money.
To trade on the Indices Trading MT4 software you will need to start with the basic tutorials - how to use MT4 stock indexes trading platform tutorial guide section of this learn indices trading website will explain the basics of how to use the MetaTrader 4 stock indexes trading platform and traders can use these tutorials to learn about the MT4 Indices Trading Software Setup. These MT4 stock indexes trading platform tutorials for indices trading beginners are shown below:
- Opening a MT4 Indices Trading Demo Account Procedure
- Open a Indices MT4 Trading Chart
- Login to a MT4 Trading Account
How Do I open a MetaTrader Demo Account? To start indices trading with a demo stock indexes trading account used for practice indices trading, a indices trading online trader can do this directly from their MT4 stock indexes trading platform. Below is an example of how to open a demo stock indexes trading account and how to start demo trade practice using the MT4 stock indexes trading platform, on the top left corner; click File then click “Open an Account” button as shown below.
Open Indices Trading Demo Account MT4 Indices Trading Platform
Once you click this MT4 indices trading software download link you will be taken to your MetaTrader 4 stock indexes trading broker website where you can register for stock indexes trading account details of a indices trading practice account.
The next step is to fill the following open MetaTrader demo stock indexes trading account form shown below, the required information is:
- Your first name
- Last name
- City or town
- Phone number
- E-mail address.
After filling these details for opening a free demo stock indexes trading account - on the open demo trade account form below, click the open trading demo indices trading account button.
Opening of a Demo Account in the MT4 Indices Trading Platform
Once you fill the Start Demo Trading Account form and complete this step, you will then receive the demo indices trading account opening confirmation details of your online trading demo login and password details as shown below. A copy of these MetaTrader 4 Indices Trading Login details will also be sent to your email address.
How to Trade with Free MetaTrader 4 Indices Trading Charts
Once you have opened a demo stock indexes trading account for practice indices trading the next step is to open a Indices Trading chart so as to start indices trading online.
For this example let's start with a blank screen on the MT4 interface.
To open a new MetaTrader 4 stock indices chart from the stock indexes trading example explained and illustrated below, click the “File” tab at the top left corner as shown below, then select the option “New Chart”.
MT4 Indices Trading Platform Setup - Metaquotes Software
After clicking "New Chart" a drop down menu will appear with a list of trading instruments that as a indices trader you can choose which MetaTrader 4 stock indices chart to open. For example clicking MetaTrader 4 stock indices chart will open the stock indexes trading chart.
MT4 Indices Trading Platform Tutorial
Login to a MT4 Indices Trading Account
Before placing any indices trade on the MetaTrader 4 indices trading platform, you will be required to login to your MetaTrader 4 stock indexes trading account and get authenticated before gaining access. Authentication is checking to see if the Indices Trading login details you provide for Username and Password are the correct details.
To start trading on MetaTrader 4 stock indexes trading platform, just click on “File”, then click “Login” button from the file drop down menu as shown below.
How Do I in Stock Indices Trade on MetaTrader 4?
As a indices trader once you click this login button, then a popup window will appear prompting you to input your Username and Password Indices Trading Login details as shown below:
MT4 Indices Trading Platform Login - How To Trade with MetaTrader 4 Indices Trading Platform
Once you input your Username and Password stock indexes trading account login details you will then have to select the server; because this is a indices trading demo indices trading account, for this instance you will then select “Demo”, if it was a real indices trading account/live stock indexes trading account then you would have to select “Real” Server on this option by clicking the drop down arrow on the right side of the above text box.
Then check the box “Save Account Information”
Then Click “Login”
Once you click login your details will be authenticated and you will then have access to your demo trading MetaTrader 4 stock indexes trading account and when logged in to your MT4 trading account you can start to trade and place new stock indices orders in the stock indexes trading market on the MetaTrader 4 stock indexes trading platform. If you do not have stock indexes trading account login details you can get these indices login details by registering a demo practice account with a stock indexes trading broker.