Create a New Demo Trading Account

How to use this guide: Follow the numbered steps in order. Each heading names the button, field or control to use, the note below it explains what happens, and the pointer on the screenshot shows exactly where to click.

6 Step-by-step guide

Create a New Demo Trading Account

Open a practice account that trades with virtual funds, then give it a balance so you can start trading.

1

Open Account Management in the client portal.

This page lists all of your live and demo trading accounts.

Step 1 · action shown above

2

Select + Add a DEMO Account.

A form opens for the new practice account.

Step 2 · action shown above

3

Enter a name in Account Name.

Choose a name you will recognise later, for example the strategy you want to practise.

Step 3 · action shown above

4

Choose the Leverage.

Leverage sets how much margin your trades need. A higher leverage needs less margin, but increases the risk on each trade.

Step 4 · action shown above

5

Select Save Account.

The new account appears under Demo Accounts with a balance of zero.

Step 5 · action shown above

6

Select the $ icon on the new account to add a demo balance.

Trading Platform becomes available once the account has funds. See Add or Update a Demo Balance for the details.

Step 6 · action shown above