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How to open Demo account?

Learn how to open a demo account on Weltrade. Article covers account creation steps, platform selection, virtual balance settings, and how to use a demo account to practice trading without financial risk.

Updated over a week ago

Demo account at Weltrade is a risk‑free sandbox that mirrors the live trading environment but uses virtual funds, so you can experiment without putting capital on the line. Quotes, spreads, and execution speeds are identical to real accounts on MT4 or MT5, letting you test strategies, expert advisors, and order‑flow behavior under genuine market conditions.

The account is pre‑funded (you choose the virtual balance) and supports all instruments - forex, metals, indices, energies, stocks, etc. - so you can simulate everything from scalp trades to long‑term portfolios.

Because no actual money is involved, you can reset the balance or open multiple Demo accounts to compare setups, fine‑tune risk parameters, and build confidence before going live. It’s also a valuable training ground for learning platform mechanics - order placement, charting, indicators - without fear of costly mistakes. When you’re ready, migrating to a Micro or Pro account is seamless, as the trading interface and conditions remain familiar.


Step‑by‑step guide on how to open Demo trading account

On the web

2. In your Dashboard, scroll to My accounts - Demo - Open an account, or Open Account in the top‑right corner.

3. Select Demo from the account‑type list.

4. Choose:

  • Platform: MT4 or MT5

  • Account type (Pro, SyntX, etc. )

  • Account currency: e.g., USD, EUR

  • Deposit amount

  • Leverage: pick a ratio such as 1:100, 1:500, 1:1000.

5. Click Open account at the bottom of the page.

6. Your Demo account is created immediately, pre‑funded with virtual money, and shown in your account list.


In mobile app

1. Open Weltrade app on your iOS or Android device and sign in.

2. Tap Account on the bottom navigation bar - click Open account.

or, tap Dashboard on the bottom navigation bar, scroll down to My accounts section - Demo - click Open new demo account.

3. Select Demo from the account‑type list.

4. Choose:

  • Platform: MT4 or MT5

  • Account type (Pro, SyntX, etc.)

  • Account currency: e.g., USD, EUR

  • Deposit amount

  • Leverage: pick a ratio such as 1:100, 1:500, 1:1000.

Click Open account.

5. Your Demo account is created instantly and displayed in Accounts with its login details.


Frequently asked questions (FAQs)

What is a demo account?

A demo account is a trading account with virtual funds that lets you practice trading in real market conditions without risking real money.

How can I open a demo account?

Log in to your Weltrade profile, go to the trading accounts section, click Open account, select Demo, choose the platform and settings, and confirm account creation.

Do I need to make a deposit to open a demo account?

No. Demo accounts do not require any deposit and are completely free to use.

Which platforms are available for demo accounts?

Demo accounts are available on supported trading platforms, such as MT4 or MT5, depending on availability.

How much virtual balance does a demo account have?

The virtual balance can usually be selected during demo account creation. Available balance options are shown on the account setup screen.

Can I open more than one demo account?

Yes. You can open multiple demo accounts to test different strategies or account settings.

Is a demo account time-limited?

Demo account availability and duration depend on platform rules. Some demo accounts may expire after a period of inactivity.

Are demo account prices the same as real trading prices?

Yes. Demo accounts use real market prices, allowing you to practice under realistic trading conditions.

Can I trade all instruments on a demo account?

Demo accounts usually provide access to the same instruments as real accounts, depending on the selected account type.

Where can I see transactions related to demo accounts?

Demo account trading activity is visible directly in the trading platform. Financial transaction statuses for real accounts are always available in Operations history.

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