How to Open Meta Trader 4 Demo Account
The Trading demo account to learn trading with is the MT4 demo account - MT4 Demo Tutorial. To open a new demo account for practice trading, a trader can do this direct from their platform. Below using MT4 software, on the top-left corner: click File then click 'Open an Account' button key as illustrated and shown below.
Open Free Trading MT4 Demo Account - MetaTrader 4 Platform Demo Download for PC - MT4 Platform Demo for Windows - MT4 Platform Demo for Android - MT4 Demo for iPhone MetaTrader 4 Demo Mac
Once you click this link you will be taken to your broker website where you can register for MT4 demo account details - MetaTrader 4 Demo Password - MT4 Demo Login of a MT4 Practice Account.
Next step is to fill the following MT4 demo account signup forms illustrated 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 registration details on the form below, click the open MT4 demo account button.
Meta Trader 4 Demo Registration - Online Practice Account - How to Open MT4 Practice Account
Once you fill MetaTrader 4 practice account signup forms and complete this step, you'll then receive confirmation details of your online MT4 demo account login and password credentials as illustrated below - MT4 Demo Password - MT4 Demo Login - MT4 Demo Tutorial. A copy of these Meta Trader 4 Indices Trading login credentials will also be sent to your e-mail address.
MetaTrader Trading Practice Account Sign Up Confirmation
The Meta Trader 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 as shown on screen-shot below.
Demo Account Registration Details Sent to E-Mail Address - Demo Account - Open MT4 Practice Account
Once you receive MT4 demo account sign-in details, you can now then log in into the MT4 platform & start to access the financial market and practice trading on this MT4 practice account.
The link to also download the MetaTrader 4 platform is also provided along with the login & password details upon registration of the MT4 demo account so that you can download the MT4 Software, if you haven't downloaded MT4 Indices Software.
Method for installing the Meta Trader 4 platform, is covered in our previous learn MT4 demo tutorial lesson before this one: How to install MetaTrader 4 platform.
How to Log in to Meta Trader 4 Demo Account
To login to your Meta Trader 4 demo: Open MetaTrader 4 platform and at the tops left corner of MT4 Platformclick 'File' then click Login as illustrated and shown below:
Log in to MT4 Practice Account on MT4 Platform - MT4 Demo Guide
The following popup widow will popup prompting you to enter your MetaTrader 4 demo account sign-in details & password. Enter the MetaTrader 4 indices login details as illustrated and shown below and save the information by checking 'save account information' button key so that there is no need to retype this the next time that you want to login.
Log in to Practice Account
Enter details as below and sign in
Log in to Practice Trading MT4 Demo Account - MetaTrader 4 Demo Account Tutorial Guide
You will then be logged in to MT4 practice account as shown below:
Example of How Trading Demo Account Looks on MetaTrader 4 - MetaTrader 4 Practice Account
Once you've opened free practice account you can then start to practice the following:
- How to place orders in MT4 practice account
- How to open charts and place indicators
- How to interpret Indices Trading charts
- How to monitor profits and losses
- How to navigate the MT4 platform interface on MetaTrader 4 demo account
While practicing all the above, the money used is virtual cash, meaning a demo trader will practice using virtual money but everything else including charts and trading price movements will reflect the true market movement.
Practice Demo Trading and Learning Platform with MetaTrader 4 Demo Account
Once a beginner trader registers for the free practice account the next step is to learn the MetaTrader 4 platform as well as learn indices systems & trading strategies that will be used to generate signals for trading. The trader will then test the strategies on the MetaTrader 4 Indices Trading demo account that they will have opened to test if these trade strategies are profitable. Once the strategies are profitable while trading on MT4 demo account and a trader starts to make consistent profits on their MetaTrader 4 practice demo account then they can consider opening a real MetaTrader 4 account.