Before registration of your real live FX account we advise you to work on the DEMO-account first, as it does not differ much from live account, except for all profits and losses are of a virtual character in such account.
DEMO-account trading is risk free, and it is a unique opportunity to:
- get practical experience of trading on Forex market;
- familiarize oneself with the currency market analysis;
- test the trading strategy with real quotations and in real-time mode thus improving it without risk of losing money;
- develop one´s personal system of risk management (Money Management);
- attain practical skills of working withÂ InstaTrader platform.
Steps to open a DEMO-account
1. You can open an account only in the trading plarform, which you can download here here.
2. After downloading the distributive, start up the process of the trading terminal installation.
3. After trading terminal installation you should start it. Now you can directly go to the procedure of account opening. In the upper menu choose "File" "Open an account".
4. In the appeared registration form, fill in all fields with the required information. Choose the account type you would like to open. Also select the amount of initial deposit for your DEMO-account. The virtual sum of money will be automatically replenished to your DEMO-account, which you can learn trading with. The currency of the deposit is the US dollar.
5. After filling in all fields, choosing the described setups and ticking the point "I agree to subscribe to your newsletters", the button "Next" will be active, press it, than continue. As a result, in the opened window, you will get your account number and a password to a new account. Remember and keep this information safe.
The quantity of opened DEMO-accounts under the same name is not restricted, that is why you can always open a new DEMO-account for working out new skills and strategies.
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