How to Open a Indices Demo Account from MT4 Platform

The Indices demo account to learn indices trading with is the MT4 demo account. To open a new demo account for practice trading, a trader can do this direct from their 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 Platform - Meta Trader 4 Practice Account

Once you click on this link you will be taken to your broker website where you can register for MetaTrader 4 practice trading account details of a Indices practice account.

The next step is to fill the following MT4 demo 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 trading account opening details on form below, click open trading demo trading account button.

Demo Registration - Online Trading Practice Account - How to Open MT4 Practice Account

Once you fill MetaTrader 4 practice 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 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 - Demo Account - Open MT4 Practice Account

Once you receive the demo trading account sign-in details, you can now then log in to the MT4 platform & start to access the financial market and practice trading on this 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 trading account so that you can download the MetaTrader 4 Indices Software, if you haven't downloaded it.

Procedure for installing the MetaTrader 4 software, is covered in our previous MT4 demo guide lesson before this one: How to install MetaTrader 4 platform.

How to Sign in to Demo Stock Indices Account

To login to your Meta Trader 4 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 Platform - MT4 Demo Guide

The following popup widow will pop up prompting you to enter your demo trading account sign-in details & 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

Meta Trader 4 Trading Demo Account Tutorial Guide

You'll then be logged in to MT4 demo trading account as shown below:

Example of How Stock Demo Account Looks on MT4 - MetaTrader 4 Demo Account

Once you've opened free practice trading account you can then start to practice the following:

• How to place orders
• How to open charts & place 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 demo trader will practice using virtual money but everything else including price movements will reflect the true market movement.

Practice Demo versus Live Stock Indices Account

The practice practice account only difference to the live trading account is deposit, with a demo trading account a trader can not deposit or withdraw money but with the live trading account a trader can deposit & withdraw money & all 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 practice account to test out their trading strategy and practice indices trading until such a time when they can trade the trading market profitably. Then when they learn how to make a profit on their demo practice account then they can open a live account and start trading the live market.

Once a beginner trader registers for the free practice trading account the next step is to learn the platform as well as learn indices systems & trading strategies that will be used to generate signals for indices trading. Trader will then test these indices strategies on the Indices demo trading account that they will have opened to test if these trade strategies are profitable. Once the trade strategies are profitable on the trading demo trading account and a trader starts to make consistent profits on their Indices practice practice account then they can consider opening a real account.