Guide to Open an FXTM Demo Account
FXTM, a leading forex broker, offers a free demo account with full features and real-time market prices to simulate your trades. Here's how to open an FXTM demo account that you can follow.
Despite its unlimited potential, forex trading can be very stressful due to its high risks. However, that doesn't mean forex trading can't be managed at all.
Forex brokers have provided free demo accounts for beginners to practice their strategies with virtual funds,
One of the forex brokers that offers the best demo account is FXTM. The CySEC-regulated broker is well-known to provide forex trading services with some of the most attractive conditions (leverage up to 1:1000, tight spreads starting from 0.1 pips, fast execution, and so on).
So, how do we open a demo account at FXTM?
Steps to Create an FXTM Demo Account
- Open FXTM official site.
- Scroll down until you find the "Open Demo" button, then click on it.
- Complete the registration form with your name, email, telephone number, and country. In the "Verify Via" section, choose by email or SMS, then click "Send Pin".
Open your email or phone to check the PIN sent by FXTM broker, then enter the PIN numbers into the "Enter PIN" column. - Then, you will be directed to the account specifications page to determine the account type, currency, leverage, and password. When everything is finished, click "Open Account".
- Congratulations, your demo account has been successfully created. Please note down your demo account details for future login.
- Demo account details are also sent to your email. Please click "Place a Demo Trade Now" to start trading.
- You will be directed to choose the trading platform. On this occasion, let's use FXTM WebTrader (MT4), then click "Launch".
- On the platform login page, please enter the account ID and password, then click "OK".
- Your FXTM broker demo account is now ready for you to open and manage trading positions.
So that's all for the tutorial on creating an FXTM demo account. If you experience difficulties when creating an account, you can contact their customer service on their live chat to ask for help.