How to Open MT4 Demo Account
The Trading demo account to learn trading with is the MT4 demo account - MetaTrader 4 Demo Tutorial. To open a new demo trading account for practice trading, a indices trader can do this direct from their platform. Below using MetaTrader 4 software, on the top-left corner: press File then click 'Open an Trading Account' button just as is displayed & illustrated and shown below.
Open Free Trading MetaTrader 4 Demo Account - MetaTrader 4 Software Platform Demo Practice Download for Desktop PC - MetaTrader 4 Platform Software Demo for Windows - MetaTrader 4 Platform Software Demo for Android - MetaTrader 4 Demo for iPhone MetaTrader 4 Demo Mac
Once you click this link you'll be taken to your online broker web site where you as a trader can register for MT4 demo account credentials - MetaTrader 4 Demo Password - MetaTrader 4 Demo Login of a MT4 Demo Trade Account.
Next step is to fill out the following MT4 demo practice trading account sign up forms displayed & illustrated below, required information is:
- Your first name
- Last name
- Country
- City or town
- Phone number
- EMail address.
After filling these MetaTrader 4 demo account sign up details and particulars on the form below, press the open MT4 demo practice trade account button.
Meta Trader 4 Demo Registration - Online Practice Account - How to Open MT4 Demo Account
Once you fill MT4 practice account sign up forms and complete this step, you will then receive confirmation authorization sign in credentials of your online MT4 demo account login and password credentials as shown below - MetaTrader 4 Demo Password - MetaTrader 4 Demo Login - MetaTrader 4 Demo Tutorial. A copy of these MetaTrader 4 Stock Index Trade sign in details also will be sent to your EMail address.
MetaTrader Trading Practice Demo Trade Account Sign Up Confirmation
The MetaTrader 4 indices login details of the free MT4 practice account you just signed up for which are sent as an e mail will appear in your in-box just as is shown & displayed on screenshot below.
Demo Account Registration Details Sent to E-Mail Address - Demo Account - Open MT4 Demo Practice Account
Once you receive MT4 demo account sign-in details, you as a trader can now then log in into the MetaTrader 4 software & start to access the financial market and practice trading on this MetaTrader 4 demo account.
Link to also download the MT4 software is also provided along with the login & password sign in credentials upon registration of the MetaTrader 4 demo practice trading account so that you as a trader can download the MetaTrader 4 Software Platform, if you have not downloaded MT4 Indices Platform/Software.
Method for installing the MetaTrader 4 platform, is covered & discussed/explained in our previous learn MT4 demo lesson tutorial before this one: How to install MetaTrader 4 software.
How to Log in to MetaTrader 4 Demo Account
To sign in to your MT4 demo: Open MT4 software & at the top-left corner of MetaTrader 4 Platform Softwareclick 'File' then press Log in like as illustrated & shown below:
Log in to MT4 Practice Account on MT4 Software Platform - MetaTrader 4 Demo Guide
The following pop up window will popup prompting you to enter your MT4 demo account sign-in details & password. Enter the MetaTrader 4 indices login details just as is illustrated & shown below and save the information by ticking 'save trading account information' button key so that there is no need for you to retype this the next time you as a trader want to sign in.
Log in to Demo Practice Account
Enter details as below and sign in
Log in to Practice Trade MetaTrader 4 Demo Account - MetaTrader 4 Demo Account Tutorial Guide
You will then be logged into MT4 practice account as shown below:
Example of How Trading Demo Account Looks on MT4 - MetaTrader 4 Demo Practice Account
Once you've opened free practice trade account you as a trader can then begin to practice the following:
- How to place orders in MT4 practice account
- How to open charts and place trading indicators
- How to interpret Stock Index Trade charts
- How to monitor profits & losses
- How to navigate the MetaTrader 4 software interface on MT4 demo account
While practicing all the above, the money used is virtual funds, meaning a demo practice trader will practice using virtual money but everything else including charts and trading price moves will reflect the true market movement.
Practice Demo Trade and Learning Platform with MT4 Demo Account
Once a beginner registers for the free practice trading account the next thing is to learn the MetaTrader 4 software and also learn indices systems & trading strategies that will be used to generate signals for trading. The trader then will test the strategies on MT4 Stock Index Trade demo account that they will have opened to test if these trading strategies are profitable. Once the strategies are profitable while trading on MT4 demo account and a trader starts to make consistent profits on their MT4 practice demo account then they can consider registering a real MetaTrader 4 account.
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