Features of Exness Demo Account
The Exness Practice Account offers new traders a safe place to learn and get familiar with the platform. It features:
- Virtual Funds: Use fake money to learn trading without risk.
- Real-time market conditions: See real-time market conditions and prices.
- Access to Tools: Use useful tools to improve your trading plan.
How to Create a Demo Account on Exness
Using an Exness Demo Account in Vietnam allows traders to practice and improve their trading plans without risk. Traders receive real-time market information and can try out trading scenarios with forex, commodities and indices without using real money.
Step 1: Visit the Exness website
Visit Exness at www.exness com.
Step 2: Register with Exness
Create an account using your details.
Step 3: Create a demo account
Then, create a Demo Account on your Exness dashboard.
Step 4: Download the Trading Platform
Download the Exness app for your device (desktop, mobile or web).
How to Use Exness Demo Account
Trying out an Exness Demo Account is good for new traders to practice or for experienced traders to improve their plans without using real money.
Place a demo trade
Try mock trading on a platform like Exness. This is great for learning trading plans, understanding the platform, and managing trades without risk. How to do it:
- Choose a trading instrument and set trade details like size, stop and take profit.
- Make trades and see how they perform.
Virtual fund and portfolio management
Using fake money and managing your fake investments is important when using a practice trading account. Here’s how to do it well:
- Handle fake money well so it acts like real trading.
- Practice keeping risk low without real money.
Platforms available for Exness Demo Accounts
Traders can use different platforms to practice trading with an Exness Demo Account. These platforms are:
- Exness Mobile App: Trade anywhere with the Exness app for iOS and Android.
- Exness MT4: Use MetaTrader 4 for trading and analytical tools.
- Exness MT5: Try MetaTrader 5 for advanced trading, more assets, and better speed.
- Exness Web Terminal: Trade directly from your web browser for more flexibility.
Exness Mobile App
The Exness mobile app gives traders access to the forex market on their phones and tablets. It brings almost everything from your computer to your phone, so you can trade, manage your accounts, and research the markets wherever you are.
Exness MT4
MT4, produced by MetaQuotes, is the leading trading platform used worldwide. Traders love it for its many features in Forex and CFD trading.
Exness MT5
MT5 is a new trading platform. It is better than MT4. It has more features and things it can do.
Exness Web Terminal
Exness web tools help traders who do not want to download trading software.
Switch to Exness Real Account
Switching from a demo account to a real trading account with Exness is a big change for traders. Here’s a guide to help you transition smoothly and efficiently:
- Demo Account vs. Real Account: First, understand the difference. This includes emotional and financial risks in the live account.
- Add Funds: Safely deposit money into your real Exness account. You can do this using various payment options.
Difference between Demo Account and Real Account
The contrast between a demo account and a real account on platforms like Exness is crucial for traders to understand before transitioning to live trading:
- Feelings: Using real money can change the way you make decisions.
- Market: Slippage and liquidity may behave slightly differently in a real account.
Deposit Funds into Your Real Account
Depositing funds into your real Exness account is very simple. Follow these steps:
- Once you have set everything up, add funds to your real account. Exness offers several methods such as bank transfer, credit card, and e-wallets.
Demo Account Trading Strategy
Trading with a demo account on platforms like Exness is essential for practicing and testing strategies before live trading. Here are some effective methods for demo account trading:
- Use the tools on the Exness platform to improve and refine your trading strategy.
- Experiment with risk management and determine position sizing for better trading results.