When a client registers a new Personal Area, 2 trading accounts are automatically created; 1 Real account and 1 Demo account. Clients can use these 2 accounts to trade or create a new trading account based on their preferences. In this article, we explore how the two accounts differ and how you can best use them.
The purpose of Real and Demo accounts.
A Demo account is perfect for a beginner client who is new to trading. As a first time trader, you may be hesitant to use real money as there is a risk of losing money on trades. A Demo account allows you to try trading various instruments with virtual equity. The market conditions for Demo accounts are exactly the same as they are for Real accounts, making them ideal for practicing your strategies. They are available for every account type except Standard Cent.
Once you have gained confidence to trade using a Demo account, you can move on to a Real account.
A Real account allows you to trade with real funds, creating real-time value after each trade is closed. Trading on a Real account with Exness allows you to choose a variety of trading instruments available in the market.
The differences between Real and Demo accounts.
Here is a summary of the key differences between the two types of accounts:
|Real funds deposited using a preferred payment method
Read about archived trading accounts to know more.
Note: “Inactivity” means not logging into the account on MetaTrader platforms.
To get started, register your Personal Area and get your Demo account immediately.