Open a demo account on Forex - the firsta practical step towards the development of the foreign exchange market. Exchange trading is a risky way of earning an income. The probability of losing your own funds is great. Without special training, it is difficult to maintain capital and psychological health. Therefore, it is useful for beginners to start currency trading in the curriculum.
Demo account is a training, training account for working on the currency exchange. Opening a cash account with a broker right after the end of the course is a global mistake, a direct way to the discharge of the deposit.
The courses lay the knowledge base on trading andindicate the direction of further self-study. It's like university and production - students write control, course and certification work for six years. Then they receive a diploma, come to the workplace and begin to learn practical activities. On a serious enterprise, a graduate of a university is considered to be a trainee for three years.
The ability to open a demo account for "Forex" allows:
Позднее, разобравшись в правилах торговли, the trader tries to create his own on the basis of the knowledge gained or to acquire a ready-made trading algorithm. Here, too, a training account is useful - for testing the trading system.
Man quickly gets used to good.How to open a demo account for "Forex", the player remembers quickly. Memory fixes positive results of actions on the training account. Loss-making operations seem insignificant, because the player does not spend money from his own purse. The instinct of self-preservation is dulled.
Switching to cash deposit, newbiecontinues the game with a low degree of risk assessment. The nature of the players varies. But the majority continue to think according to the demo account scheme: zeroed out - open a new account. Trade allows the opening of several accounts, but you have to make real money.
You can start work on the currency exchange as follows.in a way. From the official website of Meta Trader, download the distribution package of the trading terminal and install it on your computer. The operation takes five minutes. Step-by-step installation algorithm:
1. Download and run the MT5setup.exe distribution. The Start User Account Control dialog box opens. Press the "Yes" button.
2. Read the License Agreement window that opens, tick the check box and click “Next”.
3Select the program installation folder in the window that opens. Additionally, specify: the placement of the program tab on the desktop; run the program after installation; opening MQL5.community website. Click "Next".
4. Read the information in the final window when installation is complete. Click "Finish".
five.The MT5 program will load and prompt you for the name, mail, and phone in the dialog box. The type of account being opened - demo - is automatically assigned. Specify the real phone and mail. Name - at the discretion of the player.
6. The entrance to the currency exchange is made.Automatic configuration involves the choice of currency - the dollar. The player has access to other assets - the euro, yen or pound, for example. Currency accounts are opened in dollars or cents. If a person plans to turn trading into a profession, then the program is adjusted to the size of the deposit with which the subsequent trading will take place. The program automatically assigns a deposit of $ 1 million. In cent equivalent is one million cents, or 10 thousand dollars. If a player plans to open a cash account for $ 1,000, or 100,000 cents, then the setting should be set to $ 100,000. Get used to the order of numbers.
7. Then a window appears with automatic selection of the service for the demo account. Click "Next".
eight.Formed individual parameters for login. Before clicking "Finish", write down from the window three groups of characters: username, password and investor to read. Keep the information in a safe place; do not lose - for a demo account recovery of confidential information is not provided.
On a training deposit, a trader spendsvirtual money. The habit of zeroing and entering with a new account reduces the ability to sensibly assess the risk. For educational trading to be beneficial, one quarter is enough to work on a demo account. During this period of active virtual trading, the interested person is able to understand the rules for setting up the program, setting stop-losses and take-profits.
After three months it is useful to open a work account at1-1,5 thousand dollars and trade in one lot. Understanding the high probability of irretrievable loss of your own money will reduce the level of carelessness gained when trading on a demo account.
There is another option - open a demo account on"Forex" at the broker. For example, you can register at a dealing center, and then download the program through your personal account and install it on your computer. The program will require you to provide your full name, telephone number and mail address.
The merchant does not carry any additional burdens in front of the center. No commissions, fees, or other fees are charged for entry.
Plus connecting through a broker is to get a personal account with access to full-fledged work with money. A trader can:
Remember that regardless of the type of opening - with or without registration - demo accounts always lack the "Withdraw" feature. Virtual money from a demo account is not cashed.
Since 1997, the company has been working on the financial market to help new traders gain independence and confidence in ForexClub. The company works with exchange instruments, including currency.
Go to the company's website, from the main menu, click on the link “Registration of the Personal Account and Opening a Trading Account” and enter your full name, email, phone numbers and passport.
In the personal account on the link "My accounts" chooseoption "Open a demo account." On the Libertex platform, for example, an account is opened for $ 5,000. Invest without risking a single penny of your own. Collect experience to go for real money.
Менеджмент компании работает оперативно.As soon as a visitor registers and opens a personal account, the company's employees in a telephone conversation clarify the wishes of the client and give advice on the use of the trading terminal.
Exchange trading brings a successful profit, losers - losses. Composure, endurance, reaction speed, analytical skills - a set of personality traits is converted into currency.
To comprehend the rules of trading, master the methods of analysis, methods of building a trading strategy, hurry up with the first step - open a demo account on Forex without the risk of losing cash.
