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