How to Sign Up a Demo MetaTrader 4 Account from MetaTrader 4 Software Platform
The Demo MetaTrader 4 account to learn indices trading with is the MetaTrader 4 demo stocks account. To open a new Trading Demo MetaTrader 4 account for practice trading, one can do this direct from their indices platform. Below using MetaTrader 4 software, on the top-left corner: press File then click 'Open an Trading Account' button like as displayed & illustrated and shown below.
Open Free Trading Demo MetaTrader 4 Account MetaTrader 4 Platform Software - MetaTrader 4 Demo Account
Once you click this link you'll be taken to your stocks online trading broker web site where you as a trader can register for MT4 demo stock account credentials of a Stock Index Trade practice account.
Next step is to fill out the following MetaTrader 4 demo practice trading account sign up forms displayed and shown below, required information is:
- Your first name
- Last name
- Country
- City or town
- Phone number
- E Mail address.
After filling these MetaTrader 4 practice account opening details & particulars on form below, click open demo trade account button.
Trading Practice Account Sign up - Trading Demo MetaTrader 4 - How to Open MT4 Demo Account
Once you fill MT4 practice trade account signing up form and complete this step, you will then receive confirmation details of your Trading Demo MetaTrader 4 login and password credentials just as is illustrated below. A copy of these Stock Indices Trade sign in details also will be sent to your EMail address.
MetaTrader Trading Practice Account Sign Up Confirmation
The sign in details of the free practice account that you've just signed up for are sent to you as an e-mail which will pop up in your in-box as displayed on screenshot below.
Demo Account Registration Details Sent to E-Mail Address - Trading Demo MetaTrader 4 Demo Account - Open MT4 Demo Account
Once you as a trader receive the Trading Demo MetaTrader 4 account log in details, you as a trader can now then log in into MetaTrader 4 software & start to access the stock market and practice trading on this Demo MT4 demo account.
Link to also download the MT4 software is also provided along with the login & password sign in credentials upon registration of the Trading Demo MetaTrader 4 account so that you as a trader can download the MT4 Platform Software, if you as a trader have not downloaded it.
Procedure for installing the MetaTrader 4 software, is covered & discussed/explained in our previous MetaTrader 4 demo lesson tutorial before this one: How to install MetaTrader 4 software.
How to Log in to Trading Demo MetaTrader 4 Trade Account
To log in to your MT4 demo: Open MT4 software & at the top-left corner of MT4 press 'File' button then click Sign in just as is shown below:
Log in to Practice Account on Demo MetaTrader 4 Practice Trade - MetaTrader 4 Demo Guide
The following MetaTrader 4 window will popup prompting you to enter your Demo MT4 account sign in details & password. Enter the sign in details just as is illustrated & shown below & save the info by ticking 'save trading account information' button so that there's no need for you to retype this the next time you want to login.
Sign in to Demo Account
Enter details as below and log in
MetaTrader 4 Demo Account Guide
You will then be logged into MT4 practice account as pictured below:
MetaTrader 4 Demo MetaTrader 4 Trade Account
Once you've opened free practice stocks account you then can start to practice the following:
- How to place orders
- How to open stock charts and place trading indicators
- How to interpret Indices charts
- How to monitor profits & losses
- How to navigate MetaTrader 4 inter-face
While practicing all the above, the money used is virtual funds, meaning a Demo MetaTrader 4 trader will practice using virtual funds but everything else including stock chart stock trading price moves will reflect the true stock market movement.
Practice Demo versus Real Account
The indices Demo MT4 account the only variation to the live stock account is deposit, with a practice account one can't deposit or withdraw money but with the live account a indices trader can deposit & withdraw money and all the stock trades will be traded and transacted using real money & profits can be withplotted & losses will be deducted/subtracted from the amount deposited.
Traders should use this Demo MetaTrader 4 practice account to test out their trading strategy & practice indices til such a time when they can trade the stock trading market profitably. Then when they learn how to make a trading profit on their Trading Demo MetaTrader 4 practice account then they can open a live stocks account and begin trading the live stock market.
Once a beginner trader registers for the free Trading Demo MetaTrader 4 account the next thing is to learn the MetaTrader 4 software and also learn trade systems & trading strategies that will be used by the trader to generate stock signals for indices trading. The trader then will test these strategies on Demo MetaTrader 4 account that they will have opened to test if these strategies are profitable. Once the trade strategies are profitable on the Demo MT4 account and a trader starts to make consistent profits on their Trading Demo MetaTrader 4 practice demo account then they can consider registering a real MT4 account.
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