How to Install MetaTrader 4 and open a Demo Account

 

How to Install MetaTrader 4 and open a Demo Account

Go to the Google Play Store or Apple App Store.

Search MetaTrader 4

Tap Install

Open the app after installing and a screen like the one shown below will appear

Tap accept and the app will automatically create a Demo Account for you.

But let me show you the best way to open a Demo Account.

After MetaTrader 4 had created a Demo Account for you, a screen like this will appear

Tap on the menu icon on the top-left of your screen as shown above.

Tap manage accounts.

Tap the plus icon on the top-right of your screen.

The best Demo Account to use is the one that you have opened with an actual broker.

This is because it familiarizes you with the broker.

If you have already opened a Demo Account or a Live Account with a broker, tap login to an existing account.

Find a broker by searching in the search bar.

If you have not opened a Demo Account with a broker, just tap open Demo Account.

Tap MetaQuotes Demo.

Fill in your personal information.

Account type, select Forex-USD

For leverage, just select the maximum, which is 1:100

For deposit, $10,000 dollars is okay.

Then tap create account.

Finally, tap done.

Your Demo Account is now set!

My next blog, will be a MetaTrader 4 masterclass. I will guide you step by step, on how to use the platform.