Why do I need a demo-account?

Demo accounts are usually used in three cases:

  1. If you are a beginner and want to learn basics of trading on financial markets without risking to lose your own money.
  2. When you want to test the conditions provided by the brokerage company before opening a real account.
  3. In case of testing your new trading strategy or EA.

After performing all necessary operations on a Demo account, you can start trading on a real account.

Trading conditions on RoboForex demo and real trading accounts correspond in the following way:

  • Demo ECN (MT4) - Prime
  • Demo (MT5) - ECN
  • Demo Pro - Pro