HF Markets is a broker that is registered with FCA (UK), BaFin (Germany) and ACP (France). This broker, which was founded in 2010, provides a website that is available in 24 languages, including Indonesian. Besides that, as a broker that provides various types of accounts and leverages up to 1:1000, HF Markets understands traders' needs for a demo account.
To open a demo account at HF Markets, follow the guide below:
- Go to the HF Markets website, and register yourself.
- You can read here on how to sign up in HF Markets. After completing the registration and filling up the profile, you don't need to wait or continue with the verification process, as the demo account doesn't need you to upload an ID or any documents.
- On the HF Markets website, log in using the ID and password that you have. You will be directed to your personal trading account. Under the CFD Trading menu, select "Open Demo Account"
- HF Markets broker offers 2 platforms for its demo trading accounts, namely Demo Premium and Demo Zero. In this example, the author chooses MT4 Premium with a balance of $100,000. Then click "Select"
- You can pick whether to use the MT4 platform, MT5, or HF Markets own trading platform. In this case, the author will use Demo Premium MT5. Then, click 'Select'.
Choose the currency base, leverage, and balance that you want. After that, click "Open Demo Account".
Done.
The benefits of the demo account offered by this HF Markets broker include:
- Market conditions are the same as live accounts.
- Freedom to try trading strategies without the risk of losing capital.
- Easy to access MT4 Terminal and Webtrader.
- The virtual balance offered varies, starting from 5,000 US Dollars to 100,000 US Dollars.