How to Open a Stock Indices Trading Demo Account from MT4 Stock Indices Platform
The Indices Trading demo account to learn stock indices with is the MetaTrader 4 demo stock index trading account. To open a new demo stock index trading account for practice trading, a trader can do this directly from their stock index platform. Below using MetaTrader 4 software, on the tops left corner: click File then click 'Open an Account' button as displayed below.
Open Free Stock Indices Trading Practice Account MT4 Stock Indices Platform - MetaTrader 4 Stock Indices Demo Account
Once you click on this link you will be taken to your stock indices broker website where you can register for MT4 practice stock indices account details of a Stock Indices Trading practice account.
Next step is to fill the following MT4 demo stock indices account opening forms displayed below, the required data is:
- Your first name
- Last name
- Country
- City or town
- Phone number
- E-mail address.
After filling these MetaTrader 4 practice stock indices account opening details on the form below, click the open trading demo stock indices account button.
Demo Sign Up - Online Trading Practice Account - How to Open MetaTrader 4 Stock Indices Demo Account
Once you fill MetaTrader 4 practice stock indices account opening form and complete this step, you will then receive confirmation details of your online trading demo login & password details as illustrated & illustrated below. A copy of these Stock Indices Trading log in details will also be sent to your email address.
MetaTrader Stock Indices Demo Account Sign Up Confirmation
The stock indices log in credentials of the free demo indices account you just signed up for that are sent to you as an email will popup in your inbox as displayed on the screenshot below.
Demo Trading Account Sign Up Details Sent to E-Mail Address - Stock Indices Practice Account - Open MT4 Stock Indices Demo Account
Once you receive the demo stock indices account login details, you can now then login into the MT4 platform and start to access the financial stock indices market & practice trading on this demo practice account.
The link to also download the MT4 software is also provided along with the log in and password details upon registration of MT4 practice stock indices account so that you can download MT4 Stock Indices Software, if you haven't downloaded it.
Procedure for installing MetaTrader 4 software, is covered in our previous MT4 practice tutorial course before this one: How to install MetaTrader 4 platform.
How to Login to Demo Account
To sign in to your MetaTrader 4 stock index practice: Open MetaTrader 4 software & at the tops left corner of MT4 click 'File' button key then click Sign in as shown below:
Log in to Stock Indices Practice Account on MT4 Software - MetaTrader 4 Demo Guide
The following pop up widow will pop up prompting you to enter your demo stock indices account login details and password. Enter the stock indices login details as shown and illustrated below and save the information by checking the 'save account information' button key so that there is no need to retype the next time you want to login.
Log in to Stock Indices Demo Account
Enter details as below & sign in
MT4 Stock Indices Demo Account Guide
You will then be logged in to the MT4 demo stock indices account as shown below:
Example of How Stock Indices Trading Demo Account Looks on MT4 - MT4 Stock Indices Demo Account
Once you have opened free practice stock indices account you can then begin to practice the following:
- How to place stock indices orders
- How to open stock indices charts and place technical indicators
- How to Analyze Stock Indices Trading charts
- How to monitor profits & losses
- How to navigate the MetaTrader 4 software interface
While practicing all the above, the money used is virtual money, meaning a stock indices practice trader will practice using virtual money but everything else including stock index price movements will reflect the true stock index market movement.
Practice Demo versus Live Stock Indices Trading Account
The stock indices practice practice stock indices account only difference to the live stock indices account is the deposit, with a demo stock indices account a trader cannot deposit or withdraw money but with the real stock indices account a trader can deposit & withdraw money & all trades will be transacted using real money & profits can be withdrawn & losses will be deducted from deposited amount.
Traders should use this practice trading account to test out their stock indices strategy & practice stock indices until such a time which they can trade the stock indices market profitably. Then when they learn how to make profit on their demo practice stock index trading account then they can open a live stock index account & begin trading the real stock index market.
Once a beginner registers for the free practice stock indices account the next step is to learn the stock index trading platform as well as learn stock index trading systems and stock indices strategies which will be used to generate stock indices signals for stock indices. The trader will then test these stock indices strategies on the Indices practice account that they will have opened to test if these trading strategies are profitable. Once the stock indices strategies are profitable on the stock indices practice account & a trader starts to make consistent profits on their Stock Indices Trading practice demo stock indices account then they can consider opening a real stock index trading account.
