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How To Open A Demo Metatrader Account?

How To Open A Demo Metatrader Account?

You might have heard of many different Metatrader programs that may have been successful to different people

. However, you want something that suits you best, so you should try opening a demo version of a Metatrader account so that you will know if it suits you, and test if your strategies might work on them. Should you be inactive on the account, it will expire after 20 days.

First, you will need to download the Metatrader 4 terminal, where you will need to run the mt4setup.exe file. To install, you will first be asked for is the language used. Then, you will be introduced to the program and will be shown the end user license agreement. Read through thoroughly, and then tick the box that you agree upon the terms. After clicking Next, you will be asked for the location in which you would like to install the Metatrader 4. By default, it would be under Programs, which would be where your other programs are installed. Next, choose the program group you would want. You can keep it at default. Clicking Next, you will be told that you are ready to install the program under the group you have chosen. If you have done the procedures correctly, you can click Next, and the installation will begin. However, if there are changes that need to be made on the earlier parts; click Back and make the necessary amendments.

When you launch the program, you will be asked for some information to start your account. The information you will be asked for is the general name, contact and address details, as well as the Forex details like the currency, leverage and deposit. With all that, you have opened your very own demo version of a Metatrader account. You can now begin trying this demo.

by: Chris Cornell
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