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Knowledge base: Demo accounts
How to open a Demo account
Posted by Olga Palikarpava on 20 January 2014 12:35 PM

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FXOpen offers to its clients an option to open a free FXOpen Demo account.

This type of account lets you trade in real trading conditions without the risk of losing real money as for demo-trading you operate virtual money on the special servers. Thus for novice traders this is a great opportunity to try out Forex trading before opening the FXOpen real-trading account and to become familiar with MetaTrader 4 Terminal and its features and tools. And experienced traders may use this account to try new strategies and tools.

The registration procedure is easy and doesn't require any document verification. To start trading on demo account you only have to fill out one small form.

How to register a Demo account

If you are a new FXOpen client

  1. Click Try Demo on the fxopen.com site.

  2. Select the account type and fill in the form.

  3. Click Next to finish the registration procedure. You will see your eWallet number, PIN code and demo trading account details. Make sure to save the PIN code in a safe place.

If you have already registered eWallet

  1. Log in to your My FXOpen personal area.

  2. In the Add account menu, under Demo, select the demo account type.

  3. Fill in the account opening form: select account currency, leverage and initial balance.

  4. Click Next to finish the registration procedure and receive the data of your demo account.

General method

  1. Install and run FXOpen MT4 Trading Terminal (for STP account) or FXOpen MT4 ECN Trading Terminal (for ECN and Crypto account).

    For ECN accounts you also need to install One Click Trading Level2 Plugin.
  2. Choose File > Open an account in the menu.

  3. Сhoose the server depending of the type of MT4 you run - FXOpen Demo – STP (for STP) or FXOpen – ECN Demo Server (for ECN and Crypto).

  4. Click New Demo account, fill in the account opening form, and then select the I agree to subscribe to your newsletters option. For ECN account, select the Forex account type, for Crypto account select Bitcoin.
  5. You will see your account data. Make sure to keep it in a safe place.

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