09/09/2010 05:20:44

For the beginners - Demo account

If you would like to test yourself at Forex market, but you do not wish to risk your money, we offer you to open a Demo account in our company. It does not differ from the real account except the following: all the deals are made with virtual currency. So you will be able to evaluate your strengths and abilities for trading at Forex market.

It takes only 5-10 minutes to open Demo account. Having spent little time you will feel yourself to be a real trader; you will get a complete idea of Forex market, get acquainted with and try functionality of a trading platform MetaTrader 4. And in the first turn you will be able to assess effectiveness of technical and other analysis in practice. Quotations and other market information on Demo account are directly loaded from Forex market, so if you earn profit on demo account – you are likely to earn it on Forex market.

Demo account has one more unchallengeable advantage. It gives an opportunity to test one's strategy risking no money. Everyone chooses his own method of Forex trading which will produce profit. Making transaction with Demo account you will be able to work out and test your own strategy and to improve it if it is necessary.

You will be able to work with Demo account as long as it will take you to learn Forex market - one, two, three months or even more.

How to open a demo account?

  1. Download and install MetaTrader 4 >> MetaTrader 4 >> 
  2. When you first launch a program a dialog window offering to open a Demo account will appear by default. In form fields enter your personal information, amount of the "virtual" account, and leverage. We advise you to choose an amount equal to amount of your future real account. Then fill in all the fields of the form and click NEXT.
  3. In the next dialog window you will be offered to choose a server that will connect you with Forex market. In the list of servers select the most suitable and click NEXT.
  4. You will be informed that a trading account is opened and its number and two passwords (trader's and investor's) will appear on the screen. Write them down and click FINISH.
  5. A new account will appear in Navigator window. After a while you will receive via interior mail a notification of opening of your account and access details.

Working with Demo account you will get real knowledge and experience that will help you to increase your assets on Forex market.