This article will explain all the features and benefits of easyMarkets’ demo account. It is mainly for trading with real money. However, there is also a demo account available. A demo account is a dedicated account for trading with fictitious money, and is much more for beginners to practice with than a real account.
People who cannot open an account with easyMarkets
To open an account with easyMarkets, you must meet the following criteria and the following requirements. When you join for the first time, please check the documents and policies from the site map in the menu. If you have any questions, you can get answers from the person in charge. It is recommended because it has overwhelmingly good performance and you can earn new bonuses. It is a broker with appropriate regulations and needs.
Minors under 18 years of age
The easyMarkets division rules prohibit use by anyone under the age of 18. Therefore, please note that minors cannot use the service. Our company regulations require you to submit or upload your ID when you apply, so you will be checked and cannot falsify your identity. There is a risk involved in using financial products. Therefore, you cannot apply. If you are a minor, you should study by watching the news or looking at charts of Bitcoin and the Japanese Yen.
Residents of certain countries or regions
Cannot be used by residents of certain countries or regions. Residents of a particular country or region are:
United States, Israel, British Columbia, Manitoba, Quebec, Ontario, Afghanistan, Angola, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of Congo, Dominica, Equatorial Guinea, Fiji, Guinea-Bissau, Haiti, Honduras, Iran, Iraq, Laos, Libya, Mozambique, Myanmar, Nicaragua, North Korea, Palau, Panama, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, Yemen
Demo account opening procedure
The method of opening a demo account varies depending on the trading platform. You will be redirected to the demo account registration form on the official website. You can navigate using the link below.
Click hereThe input contents are as follows. Once you sign up, you can log into your demo account and use it within your account. Creation of demo account is complete.
- name
- email address
- Password for login
- Phone number, country code
- Country of Residence
How to install MT4
After creating a demo account, install the trading tools. The platform can be selected from “MT4” and “MT5”. You can install it by selecting a trading platform from the official website.
The platform is not only PC version but also Android. Please check the MT4 license agreement and start the installation. Installation takes just a few minutes.
Link MT and demo account. After installation is complete, launch the app and tool and select the easyMarkets server. However, the server will be one of the following: You can use it by specifying your login email, password, and server name.
- MT4:EasyForex-Demo
- MT5:easyMarkets-Live
If you have forgotten your password, you can reset it by selecting “Forgot your password?” when logging in. If you are still having trouble, please refer to the article below and contact support.
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Demo account features
The easyMarkets demo account has the following features: Even if you go negative, you will not lose money because it is fictitious money. It is a place to learn effectively on the website. Let’s study and understand the price movements of CFDs and currency pairs.
Creating additional accounts
You can only create one demo account per proprietary platform. With MT4 and MT5, you can open multiple accounts without limit.
date of expiry
Demo accounts have no expiration date. Demo accounts are generally closed if they are not used for a certain period of time, but with easyMarkets you can use them indefinitely.
Add funds
You can make additional deposits and reset. If you wish to change your balance, please contact customer support and they will handle it for you.
Leverage change
Leverage cannot be changed. MT4 can be selected when opening an account, and MT5 is set to 2000x.
Change account type
You can create your desired account type by requesting support.
Standard | Premium | VIP | MT5 | |
Trade Style | DD | DD | DD | DD |
Max Leverage | 400 | 400 | 400 | 2,000 |
Trade Instruments | Foreign exchange precious metal energy Products/Stocks stock index virtual currency | Foreign exchange precious metal energy Products/Stocks stock index virtual currency | Foreign exchange precious metal energy Products/Stocks stock index virtual currency | Foreign exchange precious metal energy Products/Stocks stock index virtual currency |
Commission | Free | Free | Free | Free |
Spread | 2.0pips~ | 1.8pips~ | 1.0pips~ | 0.6pips~ |
Lots | 100,000 currency | 100,000 currency | 100,000 currency | 100,000 currency |
Min Lot | 0.01 | 0.01 | 0.01 | 0.01 |
Scalping | 〇 | 〇 | 〇 | 〇 |
Auto Trading | 〇 | 〇 | 〇 | 〇 |
Hedge | 〇 | 〇 | 〇 | 〇 |
Margin Call | 70% | 70% | 70% | 70% |
Loss Cut | 30% | 30% | 30% | 30% |
Zero Cut | 〇 | 〇 | 〇 | 〇 |
Trade Tool | Original MT4 | Original MT4 | Original MT4 | MT5 |
Base Currency | JPY USD EUR | JPY USD EUR | JPY USD EUR | JPY USD EUR |
Min Deposit | 25$ | 2,000$ | 10,000$ | 25$ |
Bonus | 〇 | 〇 | 〇 | 〇 |
dealCancellation available
dealCancellation is a tool that allows you to minimize losses by allowing you to cancel losing trades for a small fee. You can use this tool on a demo account. By using dealCancellation, you can reduce risk even in times of high volatility.
Freeze rate available
Freeze Rate allows you to pause the price movement of a product on the screen, giving you a few seconds to place an order. This tool can be used with a demo account. If you are interested, check it out in advance, and if you have enough assets, try it out. This is a feature that other companies do not have. In addition, it is recommended because the contract is very fast even for large amounts.
Inside viewer available
Inside Viewer is available exclusively on the easyMarkets platform. Inside Viewer is a tool that graphically displays the percentage of positions held by investors who are actually trading.
easyTrade available
The web platform allows you to use easyTrade, an option trading system similar to binary options. This is a trading method in which you first select funds and the holding period of your position, and then predict whether the market will rise or fall from the current market price.
Demo account cancellation
Demo accounts cannot be cancelled by users in the same way as real accounts. If you wish to cancel, please contact easyMarkets to request cancellation. The operating company can be accessed 24 hours a day from their home page using their own mobile app. They are always more responsive than other companies. You can also ask questions via live chat. They are a proven company, so they are reliable.
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Difference between demo account and real account
There are the following differences in information between real accounts and demo accounts. If you want to make the most of your investment, choose a real account. If you want to start for free at least the first time, choose a demo account. Management and details are the same, and scalping and hedging are also possible. Financial stocks include FX currency pairs, virtual currencies, stocks, stock price indexes, precious metals, and energy, so you can access them without restrictions. It is recommended because you can try out the target in the industry and start by clicking on it. You can also operate EAs with a small amount of money. Trade in the market with major stocks such as USD, EUR, and JPY.
difference in funds
Please note that in a demo account, you use fictitious money. Therefore, no matter how much you earn, you will never be able to cash it out. In a real account, you can withdraw and use the money you have earned. Since a demo account trades using virtual funds, no matter how much you trade with a demo account, your own funds will not change. Partners’ systems are operational on official business days, but please note that the market is closed on weekends. For live accounts, pay attention to economic indicators.
different server
Demo accounts and real accounts use different servers. Because the servers are different, there may be some errors in the delivery rate and spread, so moving to a real account does not necessarily mean you will be able to achieve the same environment. At first, it is a good idea to analyze thoroughly with metatrader and use it while reading the mechanism and situation. To continue, it is a good idea to vary the lot size depending on the stock.
bonuses and campaigns
Bonuses and campaigns are not applicable to demo accounts. There are no bonuses on demo accounts. With a real account, there are deposit bonuses and account opening bonuses. You can trade on each stock according to your purpose with minimal funds. The environment is good and there is no slippage. Even professionals can place orders and settle while watching the price. The spread is narrow, so you can aim for big profits.
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