Opening a Demo account
Practice accounts are designed to teach Forex trading. They simulate trading on real accounts – you trade in the same terminal, see the situation on the market and get quotes in a simulated market environment.
The main difference between a demo and a real account is that you trade virtual money, not real. So you make no deposit, risk nothing, and can’t lose money. It gives a lot of advantages.
Main reasons to use JustMarkets practice accounts
With a forex Demo account, you can:
Develop your trading style
You can test the riskiest strategies.
Enjoy trading without extra hassle
Test your prowess and trading strategies before entering the real market!
Test expert advisors
See if your advisors are up to snuff in the dedicated risk-free environment.
Trade all Forex instruments
Do not limit yourself to EUR/USD. With JustMarkets demo accounts, you can trade over 100 instruments, including currency pairs, stocks, indices, metals, and energy commodities.
How to open a JustMarkets practice account
1. Log in to your Personal Area. If you don’t have an account yet – Sign Up.
2. Click “My accounts” tab.
3. On “Demo” tab click “Open new account”.
4. Select the desired account type on the preferred platform page in the “Open new account” section and click the “Try demo” button. You will find the detailed trading terms for each account type here.
5. Select the currency of your Demo account.
6. Define the necessary leverage. Note that you will be able to change the leverage level in the Personal Area in the future.
7. Set the main password, which contains from 6 to 15 symbols, including at least one latin letter and one digit.
8. Set the desired balance of your Demo account.
9. Click the “Create account” button.
JustMarkets accounts
You can sign in to your forex Demo account with MetaTrader 5/MetaTrader 4.
Why stop using JustMarkets practice accounts
Practice accounts are risk-free, but sometimes it’s time to step up to real-money accounts.
Make money
You can’t withdraw money from a practice account. You can profit from trading by using a real-money account only.
Know how everything works
Stop thinking that forex is a casino where everything is down to luck. Anything that happens in the market is predetermined by specific factors, and you need to understand them.
Read the analytics
Read market analytics and place your orders based on trustworthy technical and fundamental data. Do not chase wild volatility. Develop a consistent trading style.
Do not rush
Making a profit on a daily or weekly basis is a sure sign that you understand the rules of the market and are ready for a real-money account. Otherwise, keep practicing.
Open Demo account
Start your trading journey with a globally recognized broker that provides superior spreads, execution, and service.