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FxPro is one of the leading broker companies in the world, having 80 UK and international awards. The company offers contracts for difference and spread betting on six different assets, including Spot indices, Futures, Forex Spot metals, and Spot energies having clients in more than 170 countries.
A demo account is a wonderful opportunity for new traders who want to be a part of Forex trading. If you are interested in investing money and want to earn a lot of revenue, create an FXPro demo account, become a member and start trading.
Plus point about this trading platform is that you can create an account free of cost. So sign up free and get started. If you wonder how to create an account and how FX Pro can be beneficial, let’s explore the steps to become part of this popular platform.
Step by step guide to open the FXPro Demo Account
To open the FXPro Demo account, you can follow the steps given below.
Step 1: open FXPro Home page
The first thing you have to do is visit the official site of FXPro and click on ” Try Demo Account” you will find this link under the “Join Now” button.
Step 2: Selection of type of account
FXPro offers three types of account o[tion. Each one has its benefits, and you can pick the one that meets our needs. These are
FxPro MT4, MT5
This offer the following features
- 44 analytical charting tools
- More than 38 pre-installed technical indicators
- Three chart types and 21 frame types
- Set stop and by limit with additional pending order types
- Detachable charts
- Trailing stop
- One-click trading and trailing form charts.
cTrader
The key advantages of cTraders include
- Limit and stop orders facility
- Quick trading features
- Addition of favourites and depth of market features
- Line studios. Templates, layouts, and indicators are available for trading.
FxPro edge
Fx Pro Edge comes with the following features
- More than 50 technical indicators and charting tools
- Detachable chart windows
- Trading widgets and customisable layout
- Six chart types with 15 timeframes.
- Check out the features of each account and then jump to the next step.
Step 3: Adding personal details
When you choose an account type, you will be taken to a page to fill out your personal information.
As part of the registration process, you will need to provide your address, date of birth, employment status, and specific details about your prior trading experience.
Furthermore, you have to provide a plan for finding your account and answer specific questions. These are all important as FXPro will indicate whether you meet the requirement to open an account or not.
Maybe you feel annoyed by some extra steps of confirmation, but once you undergo these steps, you will likely reduce the risk associated with trading.
Step 4: Accepting terms and conditions
The last step for opening the demo account at FXPro is to accept the terms and conditions. Once you agree, you become part of this online trading platform. After that, you will get further details and log in to your account to start trading.
Getting started with FXPro
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Once you have logged in to create the demo account, you will get a welcome note on the screen, and you will see the demo account has signed in. After that, choose your platform and select the amount of leverage you want to use, account currency, and amount to start with a demo account.
Pros and cons of FXCM demo account
| PROS | CONS |
| Easy registration method | It lasts for 180 days |
| Accessible via mobile app or web | Fees for conversion |
| Risk-free trading environment | Limited deposit method |
| Free of cost registration | No custom indicators |
| Fast execution model |
How can the FXPro account be useful?
Traders will be able to make trades as soon as their demo accounts are set up. If you choose the Meta Trader 4 or 5, you can do retail forex trading.
You can trade asset classes like shares, commodities, forex, crypto, and indices along with the availability of fixed spreads. The platform is easy, and you get all information related to trading. Moreover, you can use the platform through the mobile app, which is another positive aspect.
FXPro c trader platform allows you to use it through a web browser or an app. The professional setup helps you indicate the technical analysis and open or close positions in one click. You can use the mobile app, and everything goes smoothly.
With the FXPro demo account, you will have no rights to your funds, and it gives you a chance to understand and learn about functions. Plus, check how brokers compare their competitors.
You can try multiple strategies and test the trading plans, and you can do trading accordingly. Thus, you will have a comfortable trading experience.
One more feature of the demo account is that you have no conditions to open one account. Rather you can open multiple ones and have trading experience.
FAQs
Is FXPro a reliable broker?
FXPro is a reliable and trustworthy platform in the trading industry. Jurisdictions of operations conduct it; thus, one can confidently rely on and open a demo account.
How is a demo account different from a real money account?
You can do trading with simulated money and make virtual profits. Thus, demo accounts help beginners to understand the trading and learn tactics to become experts.
Can you draw money from the FXPro demo account?
No, it’s not a real account, and there is no deposition of real money, so you can’t withdraw money through this account.
Bottom line
All in all, the FXPro demo account is an easy to use and intuitive platform. It not only provides beginners with a space to practice trading but also offers a suite of analyses. Moreover, the compatibility with other software like MT4, MT5, and c trader add further plus points to this platform.
The FXPro account does not expire. It means you can keep on practising till you learn and can do trading with real money. So, what are you waiting for?
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