The Exness Demo account is on a perfect technical platform, basically a complete trading account, the only difference is that the trading money is virtual. For any trader new to Exness, a demo account is the top choice. The content of the article below EX Trading will help you answer why that assertion is made.

Exness Demo – Why should it be your choice? 

Starting with a demo account or demo account is a way for traders to gain experience. Great risk-free environment that allows you to find the best trading strategy for you. On the Exness trading platform, there is a demo account that you should choose because:

Eliminate financial risks 

Starting with a demo account will be the best way for traders to test the strategy. Before traders enter the real trading world, Exness provides a risk-free environment. This helps traders practice and support the development of skills. Traders will not be afraid of losing real money when using this type of account. But still experience all the basic to advanced features.

Can learn and practice flexibly 

The Exness Demo account is where traders can learn from experience and then apply it to trading. Trading strategies are proposed and practiced right on the exchange with virtual money. Where you can hone your skills and gain more confidence before using real personal money.

Soon have access to the international trading environment 

Using a Demo account will be no different from using a real account – Exness raw spread account. Therefore, users will experience all the tools, types of products, and data. Completely updated information from the international market. Traders can understand how the market works in reality so they are not surprised. 

What is the difference between Exness Real and Demo? 

The main difference between Exness Real and Demo accounts is simple. A user account will use real money to trade, which greatly affects psychology. As for an account that uses virtual money, the psychology is sometimes more comfortable. Especially new participants in the market will need to pay attention to this account.

All remaining features and market conditions for Demo accounts are no different from real accounts. With Exness, you will receive (10,000 USD) to practice immediately after registration. This is virtual money, but please take advantage of 10,000 USD to have the best experience.

>>>See more: Types of Exness accounts: Overview that you should know

Exness Demo account features provided 

When learning more about the Exness demo forex trading account type. Users will see that this is a product that maximizes benefits for the following reasons:

Unlimited access

Exness offers unlimited access to demo accounts with any client. A distinctive feature of this unit on the current market. From there, it can help users practice and learn anytime, anywhere. You don’t need to worry about the time limit or your account being closed after the trial.

Data is updated regularly in real-time 

Exness demo is an account similar to Exness Real, all market data will be provided in real-time. In the demo account, all information is guaranteed to be continuously updated and accurate for you to practice. There is no difference between a demo account and a real account other than the funds used for trading. 

Exness Demo offers a variety of tools 

With the Demo account provided by Exness, users can use many tools. Technical support tools as well as all exchange products will be provided. For example, demo accounts can also trade forex, commodities, and indices. This allows traders to explore exciting international markets. 

There are many resources to use 

Exness is a leading reputable address in the international trading market today. This unit is committed to helping traders acquire techniques, resources, and basic trading knowledge. Especially for new traders, a demo account is a tool not to be missed. 

Steps to get an Exness Demo account

Opening an Exness Demo account is done through extremely simple steps. Even if you are a new participant, you can register with the specific instructions given by the exchange as follows: 

Step 1: Visit the Exness website. In the right corner of the interface, there will be an “Open account” section. 

Step 2: Choose the platform you use to trade with the demo account. For example MT4, MT5 or other supported platforms

Step 3: Provide accurate personal information in the registration form that appears on the interface. Which important fields are required to be filled in such as login name, password, address, identification number,…

Step 4: Verify email address: After filling in the information, Exness will send a confirmation email to the email address you just provided. Click the link to verify account settings. 

Step 5: Select Complete and log in 

After this 5-step process of registering a demo account, if you are confident with your trading strategy. You can switch to a real trading account very simply by logging in and depositing real money and it will become a real account for you. 

>>>See more: Open Exness Account: Latest guide for new traders 

Tips to help experience the best Exness Demo 

For new players entering this market and using a demo account to trade, tips to optimize the experience are essential. Because at first they were quite confused and didn’t know what to do. Below we share some experiences to best use the demo account:

Specific and realistic goals 

When using a demo account, set a goal for yourself when using this account. Because that helps you orient your strategy, and develop your thinking and necessary skills. You need to have the mentality of treating your demo account like a real account and practice techniques and risk management as usual.

Come up with an investment strategy and apply it 

The Exness Demo account is the best place to help you test trading strategies. From there you will know what your strengths are and what needs to be eliminated. That will be the foundation for you to build confidence and decide to switch to a real account. 

Resources should be utilized 

Take advantage of the resources provided by Exness for players such as video tutorials, articles market analysis, etc. Tools to help you expand your knowledge, quickly access the market, update, and Data analysis help improve personal skills. 

Conclude

The Exness Demo account is an extremely useful tool, especially for beginners. The place will provide a risk-free environment to discover the best trading strategies that will help you transition to real trading with confidence. After getting acquainted with the demo account and wanting to learn more about other types of Exness accounts, remember to follow EX Trading‘s next sharing post.