Demo accounts are available for anyone and are a valuable trading tool to help beginners learn how to trade and allow experienced traders to experiment and test new strategies in a risk-free environment.
If you are not yet registered
To open a Demo account with us, you will first need to download our platform.
After you have installed your desired platform, please follow the below steps:
- Click on File > Open an Account
- Choose the demo server option (MT5 does not have an option)
- Proceed to register the demo account
- You can now use the demo account
Another way to create a demo account is by requesting it directly from the client portal:
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Log in to the client portal: Client Portal.
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In the dashboard, locate Quick Access and click the dropdown menu next to Apply an Account, then select Apply Demo Account.
3. Fill in the required details:
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- Source Type: Choose your account platform (either MT4 or MT5).
- Currency: Select from AUD, GBP, CAD, SGD, EUR, JPY, or USD.
- Type: Choose the account type (PRO or Standard). You can learn more here.
- Leverage: Select a leverage ratio between 1:1 and 1:500.
- Deposit Value: Enter the initial balance for the demo account.
Once you've completed the form, click "Confirm."
Your new demo account will be created, and you'll receive an email with its login credentials.
The advantage of creating a demo account in the client portal is that it allows you to easily change the account password and modify the balance at any time.
Although demo accounts are meant to represent real market prices, please keep in mind that it is under a simulated environment and cannot always reasonably reflect all the market conditions as during highly volatile or illiquid periods (e.g., market open, news announcements).
Related Articles:
For more information:
https://oxsecurities.com/account/client-verification-process/
https://oxsecurities.com/trading-accounts/account-types/
https://oxsecurities.com/trading-accounts/trading-servers/
https://oxsecurities.com/trading-accounts/spreads/
To contact us, please visit our Contact page