The demo accounts are a great way to get a feel for – live trading. We want customers to feel comfortable trading in our platform before placing real money in an account. For a FREE DEMO, please sign-up here.
How long is the demo active?
A demo account is good for 90 days, beginning the first day of sign-up. On the 90th day, your account will become inactive. If you require additional time before opening a live account, you may register for more than one demo account on either of our platforms. Also, you may email our Support Depatment to request an extension for a demo account. Based on certain terms and conditions customers with active live accounts can also have non-expiring demo accounts.
Do FXDD demo accounts involve real money?
No. The money provided in the demo account (FXDD Trader or MetaTrader) is virtual play money with an initial deposit of either $50,000 or another amounts you select. This virtual play money is provided so that you may practice trading before opening a live account.
No charges are incurred for the transactions that you make. Demo accounts are only intended to familiarize you with the functionality of FXDD's trading platforms. As in all trading environments, live results may differ from demo results.
How does the demo account compare to a live account?
The demo accounts for our platforms are intended to offer you an opportunity to become familiar with the software and to be able to ask general questions about their use. The pricing on the demo platforms, while indicative of live pricing, is not a mirror image of what you will see if you sign-up for a live account. The pricing and spreads are indicative and should give you a good feeling for how a live account would function.
Does FXDD support wireless trading such as PDA/Mobile phone?
Expert Advisor is a scripting tool offered in the MetaTrader platform. The tool allows users to program and implement their own trading algorithms. For more information about this feature, please visit http://www.metaquotes.net/experts/mql4/
Is Expert Advisor available on mini accounts?
Yes. Expert Advisor is offered to all accounts including mini accounts.
Can either platform be used to trade a standard, mini, or micro DEMO account?
Yes, with your demo account you can trade micro (1K), mini (10K) and standard (100K) lots.
I've downloaded the MetaTrader platform. Now, how do I sign up for a demo to begin trading?
Once the platform is downloaded, simply go to:
"File" then click "Open an Account" (note the "Open an Account" screen may appear automatically when logging in).
Fill in the brief information required and click on the box "I agree to subscribe to your newsletters".
Click "Next" two times.
After clicking "Next" the second time, login and password are provided. Write down this information for your records. The information, however, is not required.
After clicking "Finish," the system will automatically log you into the new demo account to begin trading.
On the top left corner of MetaTrader, your demo account number will be displayed.
Can profits from a demo account be collected?
No. The demo account is only good for practicing trading using virtual funding. As this is only virtual play money, no profits or losses are awarded to customers.
Is demo trading available on the weekend?
Demo trading is only available during regular trading hours (Sunday 5 p.m. thru Friday 4 p.m. EST).
You may check FXDD's registration and that of its Associated Persons by visiting the NFA's Background Affiliation Status Information Center (BASIC) at www.nfa.futures.org.
How do I open a demo account?
