How to open practice(demo) account in MT4

          Continuing our outlook on the basics of working with Meta Trader 4 (MT4) platform. If you feel ready to open your first demo (practice) account and use what you've learned in the Grid Trading Course about the Forex market and the Grid Trading System in particular, here is how to do it:

• Start your Meta Trader 4 platform. From the top left corner menu select File and from the drop down menu select Open an account. A dialog will pop out requesting your account details.

chart 1 - open account drop down menu

• Fill out all the fields with your personal information. Select the desired leverage and the initial amount you would like for your new account.

• Subscribe to the broker's newsletters in order to activate the NEXT button and then click on it.

chart 2 - fill in personal information

• Select your server if more than one option is available and click NEXT.  

chart 3 - select server

chart 4 - complete your registration

• Congratulations! Your account has been successfully created. You can access and save your credentials from the registration letter you received automatically after creating the account.

chart 5 - this is your MT4 account

chart 6 - registration email

This is your demo account. You can use it to back test or trade with it. Good place to start is the News Forex Grid Trading System. 

Happy Grid Trading!

Related posts:
MetaTrader 4 (MT4) Basics – 10 Reasons to Use an Expert Advisor aka a Trading Robot
MetaTrader 4 (MT4) Basics – What is an Expert Advisor (EA)