In this 5 minute guide, we will show you step by step how to open a FREE Forex.com Demo Account.
This Forex.com Video Tutorial Includes:
📢 Walkthrough the trading dashboard.
📢 How to set up your first trading positions.
📢 How to make your first deposit.
📢 History of the broker.
📢 and more...
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Read our Forex.com Video Script:
Hi there! This is Jason from SA shares, and today I am going to show you step by step how to open a free trading demo account on Forex.com
At the end of the video, we will reveal a helpful tip that could be beneficial to you if you are looking to maximize your profits, so stick around. Let’s get started
Forex.com is an online, fully regulated broker. Featuring trading in Forex, indices, shares, commodities and cryptocurrencies with transparent, competitive pricing.
Their accounts feature standard, commission, and direct market access accounts with either traditional spread, ultra-tight spread, or high-volume forex trading.
Forex.com comes with its own advanced trading, web trading, and mobile trading platform, however they also support meta trader 5 if you would prefer.
Today, I am going to show you how to open a demo account on forex.com
Firstly, head over to their website at www.forex.com
On their home screen here on the top left, you will see a test drive with a demo button.
Enter your personal information such as your country, name, phone number and email address
After you have submitted your information you will be directed to a page that says welcome, your demo account is ready with your login username and password.
Click on log in to web platform
Submit the username and password that was given to you prior
And its that easy, this is forex.com’s webtrader platform.
On the top right of the screen here we can see our main graph window, you can change your graph types here from either candlestick, bar, and a variety of others.
You can zoom in and out of the main graph window with your mouse wheel.
On the top right of the main graph window, you can select to change your graph to a full-screen window like this
On the left of the screen just next to the main graph window we can see our watchlist which displays various trading instruments if you right-click on the selected instrument in our case it’s the EUR/USD major currency pair we can add it to our market 360 which adds it to the top of the main window as its own category market.
To browse the various market instruments, click on browse markets here at the top left of the screen this is where you can select your preferred trading instruments
On the top right of the main graph window here we can see our buy and sell option window this is where you can make individual buy and sell order executions on the selected currency pair or trading instrument.
The graph window can freely be moved around too, which adds a little bonus to customizability with their platform.
If you ever require any assistance while using their web trader platform you can select the question mark button on the top right of the screen here which then displays various help options such as a platform guide, features, finding the instrument you wish to trade, and many more.
If you wish to add a new instrument to its own individual graph window all you will need to do is click on the graph button just next to the name of the selected currency pair or instrument.
This will then open its own separate graph window which can be freely moved around to suit your preference.
Forex.com also features a wide range of educational options too, such as trading strategies, concepts, analysis, and more.
These educational topics are further subcategorized into their own expanded topics for you to choose from as you please.
One helpful tip that could be beneficial to you if you are looking to maximize your profit potential is to consider always leading your trades with facts – deciding to make sure that your trading strategy is based on and supported by facts can go a long way when you are looking to be successful in Forex trading.
Being human means that we cannot be perfect one hundred percent of the time, human error is a one key factor that could lead to some losses that could have been avoided. Instead, consider that after you receive a big win one day, the next day might not be the same for you. Traders can sometimes feel brave when the market opens the day after they have made a successful trade.
And that’s how to open a demo account on Forex.com – subscribe to our channel for more helpful guides and tips – Leave us a comment: Are you a beginner / Intermediate or Professional trader - and tell us which forex platform you are currently using to trade on.
