WorldForex: demo account
Comprehensive Demo Account
A demo account is an ideal starting point for newcomers to the Forex market or digital contracts trading. It mirrors the experience of real trading, the only difference being the use of virtual money instead of real funds. A demo account allows you to thoroughly practice managing trading orders, monitoring trading history, and utilizing technical analysis tools, indicators, and automated trading systems.
Real Market Simulation
Leverage the full suite of technical analysis tools available on the MetaTrader4 platform, which includes over 30 built-in indicators and more than 2000 free user indicators that can be added for enhanced analysis. This setup is designed to handle markets of any complexity level. Explore the potential of graphical objects such as lines, channels, and tools named after Hanna and Fibonacci, plus various figures and arrows, all aiding in predicting future price movements.
Types of Educational Accounts on the Platform
Profi Demo Account
The Profi demo account is the quintessential tool for beginner traders. The trading functionalities of this demo account are identical to a real account, but with one key difference: you trade with virtual money, not real funds. Trading on a demo account provides practical experience in Forex trading and a thorough exploration of trading possibilities.
Cent Demo Account
Open a demo account designed for advanced traders to apply the skills you’ve learned in a simulated market environment with market execution and variable spreads. Conduct real-time trades and learn to analyze the markets using technical indicators, all without the risk of losing real money.
Digital Demo: Digital Contracts Account
The digital contracts demo account introduces you to the basics of trading digital contracts and familiarizes you with the functionality of trading platforms. It offers access to all the same underlying assets available on a real account, allowing for risk-free trading and learning.
How to Open a Demo Account
Before launching a real account, it is advisable to practice on a demo account. To open a demo account, locate the “Open Demo Account” button on the broker’s page. Select the type of demo account you wish to use and fill in all the required information.