Tuesday, July 10, 2012

Open Instaforex Demo account

Open demo account

Prior to trading with a real account, we recommend that you opened an educational account, which is not too different from a real account, except that profits and losses in this case will be virtual. 

When you work with a Demo-account, you do not risk losing your money and can do the following: 
  • gain practical trading experience on FOREX;
  • study the process of money market analysis;
  • try using real quotations in real time, and improve your trading strategy without risk;
  • develop your own (Money Management) risk management system;
  • gain practical experience when working with InstaTrader.
Steps to open a demo-account: 

1. It is only possible to open an account with a trader’s terminal. 

2. Once the setup file is downloaded, please install the program. 



3. Once the program is installed, please launch the terminal. Now you can open an account. In the top menu, under File ->, please choose the Open Account item. 


4. Please fill out the registration form. Define the account types that you would like to open. Also choose the initial deposit amount for the study account. The following amount will be automatically enrolled to your study account in terms of virtual money. The fictional deposit amount will be in USD. 


5. Once all fields are filled in correctly, and you have chosen your settings, be sure that “Receive news via email” has a tick, then the “NEXT” button will become active. Click on “NEXT” and continue. As a result, you should then receive your account number and password. Please keep these in a safe place and do not forget them. 

You may have as many demo-accounts as you wish, therefore you can open a new demo-account to work out a new strategy on your terminal with your educational account. 


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