How to Open a Indices Trading Demo Account From MT5 Indices Trading Platform
The Indices Trading demo MetaTrader 5 account to learn indices trading with is the MT5 demo stock indexes trading account. To open a new demo stock indexes trading account for practice trading, a indices trader can do this directly from their indices trading platform. Below using the MT5 Indices Trading Platform, on the top left corner; click File then click “Open an Account” button as shown below.
Open Free Indices Trading Demo Account MT5 Indices Trading Platform - MT5 Indices Trading Demo Account
Once you click this link you will be taken to your stock indexes trading broker website where you can register for MT5 demo MetaTrader 5 account details of a Indices Trading practice account.
The next step is to fill the following MT5 demo MetaTrader 5 account opening form shown below, the required information is:
- Your first name
- Last name
- City or town
- Phone number
- E-mail address.
After filling these MT5 demo MetaTrader 5 account opening details on the form below, click the open trading demo MetaTrader 5 account button.
Demo Registration - Online Trading Practice Account - How to Open MT5 Indices Trading Demo Account
Once you fill the MT5 demo MetaTrader 5 account opening form and complete this step, you will then receive confirmation details of your online trading demo login and password details as shown below. A copy of these Indices Trading login details will also be sent to your email address.
MetaTrader Indices Trading Demo Account Registration Confirmation
The indices login details of the free practice trading MetaTrader 5 account you just registered for that are sent as an email will appear in your inbox as shown on the screenshot below.
Demo Registration Details Sent to E-Mail Address - indices trading Practice Account - Open MT5 Indices Trading Demo Account
Once you receive the demo MetaTrader 5 account login details, you can now then login into the MT5 stock indexes trading platform and start to access the financial stock indices market and practice trading on this demo practice account.
The link to also download the MT5 Indices Trading Platform is also provided along with the login and password details upon registration of the MT5 demo MetaTrader 5 account so that you can download the MetaTrader 5 Indices Trading Software, if you haven't downloaded it.
The procedure for installing the MT5 Indices Trading Platform, is covered in our previous MT5 demo tutorial lesson before this one; How to install MT5 Indices Trading Platform.
How to Login to Demo Indices Trading Account
To login to your MT5 indices trading demo; Open the MT5 Indices Trading Platform and at the top left corner of MT5 click “File” then click Login as shown below:
Login to Indices Trading Practice Account on MetaTrader 5 Indices Trading Software - MT5 Demo Tutorial
The following popup widow will popup prompting you to enter your indices trading demo MetaTrader 5 account login details and password. Enter the indices login details as shown below and save the information by checking the “save MetaTrader 5 account information” button so that there is no need to retype the next time you want to login.
Login To Indices Trading Demo Account
Enter details as below and login
MT5 Indices Trading Demo Account Tutorial
You will then be logged in to the MetaTrader 5 demo MetaTrader 5 account as shown below:
Example of How Indices Trading Demo Account Looks on MetaTrader 5 - MetaTrader 5 Indices Trading Demo Account
Once you have opened a free demo trading MetaTrader 5 account you can then start to practice the following:
- How to place indices trading orders
- How to open stock indexes trading charts and place technical indicators
- How to analyze Indices Trading charts
- How to monitor profits and losses
- How to navigate the MT5 Indices Trading Platform interface
While practicing all the above, the money used is virtual money, meaning a indices trading demo trader will practice using virtual money but everything else including stock indexes price movements will reflect the true stock indices market movement.
Practice Demo versus Live Account
The indices trading practice demo trading MetaTrader 5 account only difference to the live stock indexes MetaTrader 5 account is the deposit, with a demo stock indexes MetaTrader 5 account a indices trader cannot deposit or withdraw money but with the real stock indexes MetaTrader 5 account a indices trader can deposit and withdraw money and all the stock indexes trades will be transacted using real money and profits can be withdrawn and losses will be deducted from the deposited amount.
Traders should use this demo practice trading MetaTrader 5 account to test out their indices trading strategy and practice indices trading until such a time that they can trade the stock indexes trading market profitably. Then when they learn how to make a profit on their demo practice Indices Trading MetaTrader 5 account then they can open a live stock indexes trading account and start trading the real stock indexes market.
Once a beginner indices trader registers for the free demo trading MetaTrader 5 account the next step is to learn the indices trading platform as well as learn indices trading systems and indices trading strategies which will be used to generate stock indices signals for indices trading. The indices trader will then test these indices trading strategies on the Indices Trading demo trading MetaTrader 5 account that they will have opened to test if these trading strategies are profitable. Once the indices trading strategies are profitable on the indices demo trading MetaTrader 5 account and a indices trader starts to make consistent profits on their Indices Trading practice demo trading MetaTrader 5 account then they can consider opening a real stock indexes trading account.