Practice Account Opening

Practice accounts are designed to teach Forex trading. They are the same as the real accounts – you trade on the same terminal, see the actual situation of the market and get the real quotes. The main difference between the demo and the real accounts is that you trade virtual money, not real. So you need no deposit, risk nothing and won't lose. And this gives a lot of advantages.

Open Demo Account:

Main Reasons to Use JustForex Practice Accounts

With forex demo account, you can:

Develop your trading style

Try out even the most demanding strategies with up to $5,000,000 credit
Enjoy trading without extra hassle

Test your prowess and trading strategies before entering the real market!
Try out the expert advisors

See if your advisors are up to snuff in the dedicated risk-free environment
Trade all Forex instruments

Do not limit yourself with EUR/USD – with JustForex demo accounts you can work with more than 80 trading instruments

Forex is simple – but it is risky. With JustForex demo accounts, you can practice to your heart’s content and enter the market only when you are ready. Moreover, they are completely free.

How to Open a JustForex Practice Account

Since November 2, 2018, you can only open practice accounts from your Back Office. To do so:

1. Log in to your Back Office. If you don’t have an account yet – Sign Up;
2. Click My Accounts in the right sidebar;
3. Click New MT4 Demo Account ot New MT5 Demo Account;
4. Choose the MT platform;
5. Select the account type;
6. Select the account currency;
7. Select the leverage. You should pick the same leverage you’d use on a real-money account;
8. Enter your preferred virtual balance;
9. Come up with a password. Confirm it in the field below;
10. Click Open Account.

From that point, you can sign into your forex demo account with a MetaTrader 4/MetaTrader 5.

Open Demo Account:

JustForex MT4 Demo Account types
JustForex MT5 Demo Account types

Standard

Account currency

USD EUR MYR IDR THB VND KWD CNY ZAR

Leverage up to

1:2000

Spread from

0.1

Open account
Pro

Account currency

USD EUR MYR IDR THB VND KWD CNY ZAR

Leverage up to

1:2000

Spread from

0.1

Open account
ECN Zero

Account currency

USD EUR MYR IDR THB VND KWD CNY ZAR

Leverage up to

1:500

Spread from

0

Open account
Cent

Account currency

USC

Leverage up to

1:1000

Spread from

0.3

Open account
Mini

Account currency

USD EUR MYR IDR THB VND KWD CNY ZAR

Leverage up to

1:2000

Spread from

0.3

Open account

Standard

Account currency

USD EUR MYR IDR THB VND KWD CNY ZAR

Leverage up to

1:2000

Spread from

0.1

Open account
ECN Zero

Account currency

USD EUR MYR IDR THB VND KWD CNY ZAR

Leverage up to

1:500

Spread from

0

Open account

Why Stop Using JustForex Practice Accounts

Forex trading practice accounts are risk-free, but sometimes it’s time to step up to the real-money accounts. And here’s one reason to use a real account:

Make money

You can’t withdraw money from the practice accounts. With real-money accounts, you get to actually profit from your knowledge.

However, real-money accounts carry a significant amount of risk. Before you start trading on them, make sure that you are ready for Forex.
Know how everything works

Stop thinking that Forex is a casino where everything is down to luck. There are rules and consequences on this market, and you need to understand them.
Read the analysis

Regularly read the market analysis and daily forecast to place your orders accordingly. Do not chase wild volatility, develop a consistent trading style.
Do not rush

Making some profit on a daily or weekly basis is a sure sign that you understand the rules of Forex and are ready for the real-money account. Otherwise, keep practicing.

Open Demo Account: