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