Question: How to open a Demo MT5 (MetaTrader5) trading account?
If you like to open a Demo(Demonstration) account, firstly you need to find the Forex broker you like to trade with.
Then you can follow the certain account opening procedure specified by the broker.
You may also need to download the MetaTrader5 trading platform with the broker’s logo on it.
In case of Demo accounts, you can also open them directly from MetaTrader5.
Once you download the MT5 trading platform, you need to go to “File”→”Open an Account”.
Then type the broker’s name or the server name of the broker you prefer in the specified field.
Then you will see the available trading server names in the list.
After that, you just need to select the server name and proceed to the “Next”.
After opening an account directly through your MT5 trading platform, the platform will log you in to the account automatically and you can start practicing immediately.