How to Open a Indices Demo Account from MT4 Indices Platform
The Indices demo stock indices account to learn indices trading with is the MT4 demo stock indices trading account. To open a new demo stock indices trading account for practice trading, a trader can do this direct from their indices trading platform. Below using MT4 stock indices software, on the top-left corner: click File then click "Open an Account" button as illustrated & shown below.
Open Free Indices Demo Account MT4 Indices Software - MetaTrader 4 Indices Practice Account
Once you click on this link you will be taken to your stock indices broker website where you can register for MetaTrader 4 practice stock indices trading account details of a Indices practice account.
The next step is to fill the following MT4 demo indices trading account signup forms illustrated & displayed below, required information is:
- Your first name
- Last name
- Country
- City or town
- Phone number
- E-mail address.
After filling these MetaTrader 4 practice indices trading account opening details on form below, click open trading demo indices trading account button.
Demo Registration - Online Trading Practice Account - How to Open MT4 Indices Practice Account
Once you fill MetaTrader 4 practice indices trading account opening form & complete this step, you'll receive confirmation particulars of your online demo sign in and password credentials as illustrated & shown below. A copy of these Stock Indices sign in credentials will also be sent to your e-mail address.
MetaTrader Indices Demo Account Registration Confirmation
The index log in details of the free demo index account you just opened are sent as an email which will pop up in your email inbox as shown on below.
Demo Account Registration Details Sent to E-Mail Address - Indices Demo Account - Open MT4 Indices Practice Account
Once you receive the demo stock indices trading account login details, you can now then log in to the MT4 platform and start to access the financial stock indices market & practice trading on this practice account.
The link to also download the MetaTrader 4 software is also provided along with the login & password details upon registration of the MT4 demo indices trading account so that you can download the MetaTrader 4 Indices Software, if you have not downloaded it.
Procedure for installing the MetaTrader 4 software, is covered in our previous MT4 demo guide lesson before this one: How to install MT4 platform.
How to Sign in to Demo Stock Indices Trading Account
To sign in to your MetaTrader 4 indices demo: Open MetaTrader 4 platform and at the tops left corner of MT4 click the "File" button key then click Login as shown below:
Log in to Indices Trading Practice Account in MT4 Software - MT4 Demo Guide
The following popup widow will pop up prompting you to enter your demo stock indices trading account login details and password. Enter the indices login details as illustrated & 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 log on.
Log in to Indices Practice Account
Enter details as below and sign in
MetaTrader 4 Indices Trading Demo Account Tutorial
You'll then be logged in to MT4 demo indices trading account as shown below:
Example of How Stock Indices Demo Account Looks on MT4 - MetaTrader 4 Indices Demo Account
Once you've opened free practice stock indices trading account you can then begin to practice the following:
- How to place indices orders
- How to open stock indices charts & place technical indicators
- How to interpret Indices charts
- How to monitor profits and losses
- How to navigate MetaTrader 4 software interface
While practicing all the above, the money used is virtual cash, meaning a indices demo trader will practice using virtual money but everything else including stock indices price movements will reflect the true stock indices market movement.
Practice Demo versus Live Stock Indices Trading Account
The indices practice practice indices account only difference to the live stock indices trading account is deposit, with a demo indices trading account a trader cannot deposit or withdraw money but with the real indices trading account a trader can deposit & withdraw money & all trades will be transacted using real money and profits can be withdrawn & losses will be deducted from the deposited amount.
Traders should use this practice trading account to test out their trading strategy & practice indices trading until such a time when they can trade the stock indices trading market profitably. Then when they learn how to make a profit on their demo practice indices trading account then they can open a live stock indices trading account & begin trading the real stock indices market.
Once a beginner trader registers for the free practice stock indices trading 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. Trader will then test these indices trading strategies on the Indices demo stock indices trading account that they will have opened to test if these trade strategies are profitable. Once the indices trade strategies are profitable on the indices trading demo stock indices trading account and a trader starts to make consistent profits on their Indices practice practice indices trading account then they can consider opening a real stock indices trading account.