FirewoodFX is a well-known global offshore broker which has been operating since 2014. Headquartered in Saint Vincent and the Grenadines, the broker This provides complete financial assets with an affordable minimum deposit, which is only $10.
With various account types, you can enjoy high leverage of up to 1:1000 for forex trading.
Learn How to Register a FirewoodFX Demo Account
- Open the official FirewoodFX website page. To register for a FirewoodFX demo account, you must first install the MetaTrader4 platform. Click on Download MT4.
- After downloading and installing MT4, open the platform. Click "File" then select "Open an Account".
- The FirewoodFX MT4 Platform will ask you to enter your name, email address and telephone number where you can be contacted. Put a check mark on the words "I agree to subscribe to your Newsletters" then click "Next".
- Select the account type you want, there are Premium and Standard.
- Make sure that the written name is FirewoodFX demo account, then select the amount of leverage you want. If so, click "Next".
- Select "Firewood-DemoUS Server", then click "Next".
- You will get a FirewoodFX account number and password. Click "Finish".
- After registering, it is time to practice trading with the various instruments available.
- Click on the currency pair option that you want, the price chart will appear on the MT4 Demo Account screen FirewoodFX.
- Because this is a demo account, you don't need to deposit any money at all.
Tips for Using the FirewoodFX Demo Account
As you know, demo accounts are not only used by beginners, but also professionals. For beginners, demo accounts can be used to learn before moving to a real account. For pro traders, demo accounts can be used to test new strategies.
Therefore, optimize your time when using the FirewoodFX demo account by doing the following:
- Treat it seriously even if you don't use real money.
- Explore the FirewoodFX demo account and its tools to familiarize yourself.
- Record all trading results.
- You can choose the amount of virtual money yourself on the FirewoodFX demo account, so just choose the largest amount.