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How to Set Up a Demo Account Before Going Live

Before you dive into real trading, it’s essential to build your confidence and understand how the market works without risking your hard-earned money. That’s where the Exness demo account comes in. It’s a powerful tool designed for beginners and professionals alike to practice trading in a risk-free environment. In this guide, AZ Broker explains step by step how to set up a demo account on Exness before going live, and why it’s one of the smartest moves you can make as a trader.

What Is an Exness Demo Account?

A demo account is a virtual trading environment that mirrors real market conditions. You can open and close trades, analyze charts, test strategies, and explore features on the Exness MT4, [[Exness MT5:https://azbroker.net/exness-guide/exness-mt5/]], or Exness web terminal all without using real funds.

The main difference between a demo and a live account is that a demo uses virtual money. This means you can make mistakes, learn from them, and improve your strategies with zero financial risk.

AZ Broker recommends starting with a demo before switching to a live account, especially if you’re new to trading or testing a new trading system.

Step 1: Register on Exness

The first step in setting up your demo account is creating an Exness account. Visit the official Exness website or download the Exness app from the App Store or Google Play. Click “Create Account”, then enter your email address and create a secure password.

After registration, confirm your email and use your my Exness login credentials to access your personal dashboard. This dashboard will allow you to open demo or live accounts, make deposits, and monitor your trading performance.

Step 2: Choose “Demo Account”

Once logged in, go to the main dashboard. You’ll see an option to “Open New Account.” Click it and select “Demo Account” from the available options.

Exness gives you several account types to choose from, even for demo trading. These include:

- Exness Standard Demo Account – ideal for beginners.

- Exness Pro Demo Account – suitable for experienced traders testing new strategies.

- Exness Zero Spread Demo Account or Exness Raw Spread Demo Account – best for those who want to simulate professional trading conditions.

If you’re just getting started, AZBroker suggests choosing the Standard Demo Account to keep things simple and easy to manage.

Step 3: Set Up Account Details

After choosing your demo account type, you’ll need to configure basic settings. These include:

- Trading platform: Choose between Exness MT4, Exness MT5, or the Exness web terminal.

- Account currency: Select your preferred currency (e.g., USD or EUR).

- Leverage: Set the leverage ratio you want to practice with.

- Virtual balance: Decide how much virtual money to start with you can add or reset funds anytime.

Once these details are entered, click “Create Account.” Your demo account will be ready instantly.

Step 4: Log in to Your Trading Platform

After setup, you can start trading immediately. Log in to your chosen platform MT4, MT5, or the web terminal using your demo account credentials provided by Exness.

Here, you’ll find live price charts, market indicators, and analytical tools identical to those available in live trading. This allows you to familiarize yourself with market behavior, practice opening and closing trades, and test stop-loss and take-profit orders.

AZ Broker advises practicing for at least a few weeks before going live. This will help you understand how spreads, leverage, and risk management work in different market situations.

Step 5: Analyze Your Performance

A big advantage of the Exness demo account is that you can review your trading history without any pressure. Take note of which strategies perform well and which need improvement.

You can also use the Exness web terminal for quick access from any browser or continue learning on the go using the Exness app. Remember consistency and discipline in demo trading are key to success when you switch to a real account.

Step 6: Transition to a Live Account

Once you’re confident, you can open a live trading account directly from your dashboard. Exness offers multiple live account types, including the Exness Standard Account, Exness Cent Account, and Exness Pro Account.

You can fund your account through instant deposit Exness methods and enjoy instant withdrawal features once verified.

Final Thoughts

Practicing with a demo account is the smartest way to prepare for real trading. It helps you understand the platform, test strategies, and develop discipline without the emotional stress of losing money.

With AZ Broker by your side, you’ll have the right guidance to move from demo to live trading smoothly. Start today by opening your Exness demo account, master your trading skills, and when you’re ready go live with confidence on Exness with AZBroker, your trusted trading partner.

See more:

https://azbroker.net/about-us/

https://azbroker.net/about-us/contact/

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