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Demo Forex Account

Demo Forex Account
Demo account is a risk-free no obligation practice account available directly from MetaTrader 4 platform. Demo account is a good start for novices in the Forex market to try internet-trading and an opportunity for experienced traders to test their new strategies without risk to lose money. Any client can open an unlimited number of demo accounts with any initial deposit.

ADVANTAGES OF DEMO ACCOUNTS

By opening a demo account at Forex Ltd you get:

  • Risk-free trading;
  • Professional trading platform;
  • Live rates and charts;
  • Powerful technical analysis charting package;
  • Non-expiring account;
  • 24-hour news headlines.

Demo account is a training account with virtual funds, which means that you neither get profit, nor loss. However demo accounts at Forex get the same market pricing as real accounts, so you can trade as if you went live. Thus, there is no difference between trading demo and live account except for emotions and psychological stress peculiar to those who trade live accounts. When working with demo accounts emotions are eliminated as there is no risk to lose funds. Hence, it is a perfect opportunity to evaluate our trading terminal and online order execution as well as to develop and test your trading strategy.

Besides demo account never expires on condition that there is a connection between a demo account and the Forex Ltd trade server at least once in 30 days.

OPENING PROCEDURE

To open your free demo account at Forex Ltd all you should:

 

  1. Download MetaTrader 4 trading terminal;
  2. Install it on your computer;
  3. Run the program (during the first start of MT4 you are offered to fill a demo account opening form);
  4. Fulfil all the blanks in the registration form;
  5. Get and save your demo account account login and password.

 

Upon completion of registration you may proceed to using your demo trading account.

Please note that demo accounts may not be replenished and passwords are not retrieved. This means that if your trading is ineffective and your balance becomes low or you lose the password, you will have to open another demo account to continue practice.

 

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RISK WARNING:
All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors and you can lose more than your initial deposit. Please ensure that you fully understand the risks involved, and seek independent advice if necessary.