How to Open Demo Account on MetaTrader 4 Software
What's MetaTrader 4 Demo Trading Account?
The MT4 demo metal trading account is a practice metals trading account provided on the MetaTrader 4 metals trading Platform - this MT4 demo practice account is the same as the MT4 real metals trading account with the only difference between these two metal trading accounts being that with a demo practice account you metals trade with virtual money.
Opening Demo Account MT4 Practice Trading Account
How Do You open a practice metals trading account? In order to open a demo metal account & begin metal trading on the demo metals trading account a trader should follow the following how to open demo metals trading account procedure:
- Download the Metals Trading Broker MetaTrader 4 Metals Trading Platform.
- Install MetaTrader 4 metal trading broker platform on your PC.
- Open MT4 Metals Trading Software.
- Click on the File Menu and Click open an account and Select MT4 Demo Metals Trading Account Option.
- After opening the MetaTrader 4 practice metal trading account.
- Click on the File Menu & Choose Metals Trading Login.
- Enter your MT4 demo metals trading account Metals Sign in Details & log in to the online trading platform - MT4 metal trading platform.
How does Metal Trading demo metal trading account work?
A metals trading demo metal trading account is a metal trading practice account funded with virtual money and is used by beginner traders to learn & practice metal trading.
Where can I practice metal trading?
You can practice metals trading online by opening a metals trading demo metal trading account from the MetaTrader 4 metal trading platform provided by online MetaTrader 4 metal trading brokers.
What's the difference between a demo and live trading account?
Demo account is the same as a live account when it comes to trading of metals trading platform, features used in the metals trading platform as well as metal charts and metals trade orders execution - the main difference on a demo metal account is that traders trade with virtual money.
To trade on the Metals MetaTrader 4 software you will need to start with the basic tutorials - how to use MT4 metal trading platform tutorial guide section of this learn metals trading website will explain the basics of how to use the MT4 metal software & traders can use these tutorials to learn about the MetaTrader 4 Metals Trading Platform Setup. These MetaTrader 4 metal trading platform tutorials for beginners are shown below:
- Opening a MetaTrader 4 Metals Practice Account Procedure
- Open a Metals MT4 Chart
- Login to a MT4 Trading Account
How Do I open a MT4 Demo Account? To start metals trading with a demo metal trading account used for practice metals trading, a metals trading online trader can do this direct from their MetaTrader 4 metal trading platform. Shown Below is an example of how to open a demo metal trading account and how to start demo trade practice using the MetaTrader 4 metal trading platform, on the tops left corner: click File then click 'Open an Account' button as displayed below.
What is MetaTrader 4 Metals Trading Practice Account
Once you click this MetaTrader 4 metals trading software download link you will be taken to your MT4 metal broker website where you can register for metal trading account details of a metals trading practice account.
Next step is to fill the following open MetaTrader demo metal trading account form illustrated & shown below, the required information is:
- Your first name
- Last name
- Country
- City or town
- Phone number
- E-mail address.
After filling these details for opening a free demo metal trading account - on the open demo trade account form below, click the open trading demo metals trading account button.
Opening of a Demo Account in the MT4 Software
Once you fill the Begin Demo Trading Account form and complete this step, you will then receive the demo metals trading account opening confirmation details of your online demo sign in and password credentials as illustrated & shown below. A copy of these MT4 Metals Trading Sign in details will also be sent to your e-mail address.
How to Open a Metals Chart in MetaTrader 4 Platform
Once you have opened a practice metal trading account for practice metals trading the next step is to open a Metals chart so as to start metals trading online.
For this example let's start with a blank screen on the MT4 interface.
To open a new MT4 metals chart from the metal trading examples illustrated and described below, click the 'File' tab at the tops left corner as displayed below, then select the option 'New Chart'.
Metals MT4 Software Setup - Metaquotes Metals Trading Platform Software
After clicking the 'New Chart' button a dropdown menu will pop-up with list of trading instruments that as a trader you can select which MT4 metals chart to open. For example clicking MT4 metals chart will open the metals chart.
How to Trade Metal on MT4 Platform - Metals MT4 Software Guide
MetaTrader 4 Metals Trading Software Setup
Before placing any metals trading on the MT4 metals trading platform, you will be required to log in to your MetaTrader 4 metal trading account & get authenticated before gaining access. Authentication is checking to see if the Metals Trading login credentials you provide for Username & Password are correct details.
To start trading in MetaTrader 4 platform, just click on 'File', then tap & click 'Login' button from the file drop down menu as shown below.
Log in to MT4 Online Metals Software - How Do I Trade Metal on MT4 Software?
As a trader once you click this log in button key, then a pop up panel will popup prompting you to in put your Username and Password Metals Trading Login details as shown below:
MetaTrader 4 Metals Platform Login - How to Trade with MT4 Metals Trading Platform
Once you in put your Username & Password metal account login credentials you'll then have to select the server: because this is a metals trading demo metals trading account, for this instance you'll then choose 'Demo', if it was a real metals trading account/live metal trading account then you would have to choose 'Real' Server on this option by clicking on the dropdown arrow on the right side of the above text box.
Then tick box 'Save Account Information'
Then Click 'Login'
Once you click sign in your details will be authenticated and you'll then have access to your practice trading MT4 metal trading account and when logged in to your MT4 trading account you can begin to trade & place new metals orders in the metal market on the MetaTrader 4 platform. If you do not have metal trading account login details you can get these metals login details by registering a demo trading account with a metal trading broker.
