How to Sign Up a Demo MetaTrader 4 Account from MetaTrader 4 Platform Software
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 MT4 software, on the top-left corner: click File then click 'Open an Account' button as displayed & illustrated below.
Open Free Trading Demo MetaTrader 4 Account MT4 Platform - MT4 Demo Account
Once you click this link you will be taken to your stocks trading broker web site where you can register for MT4 demo stock account credentials of a Indices Trading practice account.
Next step is to fill the following MetaTrader 4 demo trading account signup forms displayed and shown below, required information is:
- Your first name
- Last name
- Country
- City or town
- Phone number
- EMail address.
After filling these MetaTrader 4 practice account opening details on form below, click open demo trade account button.
Trading Demo Account Sign up - Trading Demo MetaTrader 4 - How to Open MT4 Demo Account
Once you fill MT4 practice trade account opening form and complete this step, you will then receive confirmation details of your Trading Demo MetaTrader 4 login and password credentials as shown below. A copy of these Indices Trading sign in credentials also will be sent to your e-mail address.
MetaTrader Trading Practice Account Sign Up Confirmation
The sign in details of the free practice account that you have just signed up for are sent to you as an e-mail which will pop up in your in-box as displayed on screen-shot 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 can now then log in into MetaTrader 4 software and 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 details upon registration of the Trading Demo MetaTrader 4 account so that you can download the MT4 Software, if you haven't downloaded it.
Procedure for installing the MetaTrader 4 platform, is covered in our previous MetaTrader 4 demo guide lesson before this one: How to install MT4 software.
How to Log in to Trading Demo MetaTrader 4 Trading Account
To log in to your Meta Trader 4 demo: Open MetaTrader 4 platform and at the tops left corner of MT4 click 'File' button then click Login as shown below:
Log in to Practice Account on Demo MetaTrader 4 Practice Trading - 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 as illustrated & shown below & save the info by ticking 'save account information' button so that there's no need to retype this the next time that you want to login.
Log in to Demo Account
Enter details as below and log in
MetaTrader 4 Demo Account Guide
You will then be logged in to MT4 practice account as pictured below:
MetaTrader 4 Demo MetaTrader 4 Trading Account
Once you've opened free practice stocks account you can then start to practice the following:
- How to place orders
- How to open stock charts and place 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 trader can deposit & withdraw money and all the stock trades will be transacted using real money & profits can be withplotted & losses will be deducted from the deposited amount.
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 as well as learn trading systems & trading strategies which 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 trade strategies are profitable. Once the trade strategies are profitable on the Demo MT4 account & 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.
