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How to get a demo account on EXNESS? A Step-by-Step Guide
EXNESS provides a free demo account, perfect for beginners and experienced traders to practice strategies without risking real money. This guide will show you how to set up a demo account on EXNESS, whether you use their website or mobile app.
Table of Contents
What Is an EXNESS Demo Account?
Why Use an EXNESS Demo Account?
How to Create an EXNESS Demo Account
Using the Website
Using the Mobile App
Features of the EXNESS Demo Account
Common Issues and How to Solve Them
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1. What Is an EXNESS Demo Account?
An EXNESS demo account is a simulated trading environment that mimics live market conditions. It allows you to trade with virtual funds, enabling you to practice trading strategies and explore the platform without financial risk.
See more: Exness review
2. Why Use an EXNESS Demo Account?
Practice Trading Skills: Learn how to trade forex, CFDs, and other instruments without losing real money.
Test Strategies: Experiment with different trading strategies and techniques.
Familiarize Yourself with EXNESS: Get comfortable with the platform's tools, features, and interface.
3. How to Create an EXNESS Demo Account
Option 1: Using the EXNESS Website
Visit the Official Website
Go to EXNESS's official website.
Sign Up for an Account
Click on the “Sign Up” button.
Enter your email, password, and preferred account type.
Log In to Your Account
After signing up, log in to your EXNESS account using your credentials.
Select Demo Account
Once logged in, navigate to the “My Accounts” section.
Click “Create New Account” and select the Demo Account option.
Choose Account Settings
Select the trading platform (MetaTrader 4 or MetaTrader 5).
Set your virtual balance, leverage, and preferred currency.
Start Trading
Your demo account is now ready! Access it from the dashboard and start practicing.
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Option 2: Using the EXNESS Mobile App
Download the EXNESS App
Search for EXNESS: Forex Trading on the Google Play Store or Apple App Store and download the app.
Open the app and tap “Sign Up” to create a new account.
Log In
Use your registered email and password to log in.
Create a Demo Account
Tap “Accounts” in the app menu.
Select “Create New Account” and choose the Demo Account option.
Customize Settings
Set your virtual balance, leverage, and trading platform (MT4 or MT5).
Start Practicing
Your demo account will be instantly available in the app for trading.
4. Features of the EXNESS Demo Account
Virtual Funds: Practice with up to $10,000 or more in virtual money.
Real-Time Market Conditions: Experience real-time pricing and market movements.
Flexible Leverage: Adjust leverage levels to suit your trading style.
Risk-Free Trading: No financial loss while learning.
5. Common Issues and How to Solve Them
Issue 1: Unable to Sign Up
Cause: Incorrect email or password format.
Solution: Ensure your email is valid and your password meets EXNESS security requirements.
Issue 2: Demo Account Not Showing
Cause: Account setup incomplete.
Solution: Confirm you selected the Demo Account option during account creation.
Issue 3: App Login Issues
Cause: Incorrect login details or server issues.
Solution: Double-check your credentials and ensure you’ve selected the correct server.
Conclusion
Creating a demo account on EXNESS is quick and simple, whether you use the website or mobile app. This risk-free tool is ideal for sharpening your trading skills and testing strategies in a real-time environment. Start practicing today and prepare yourself for live trading with confidence.
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