The AvaTrade demo account offers the opportunity to learn how to trade online, without the risk of losses. The foreign exchange market is one of the most versatile, volatile, and liquid asset classes in the world. With trillions of dollars in the daily volume, there’s very few market opportunities with this much scale and opportunity. For beginners, you can paper trade the markets without risking your own capital. Compared to other AvaTrade account types, you do not trade with real money in a demo account. In this post, we’ll guide you through the AvaTrade account registration.
What Is The AvaTrade Demo Account?
The AvaTrade demo account is unique to the broker. This demo account offers more than 10 asset classes to practice trading. The account simulates a real trading experience, allowing you to practice on real time pricing. As a beginner, you can set the demo account to start with $100,000 in virtual funds (not real money) to trade in a simulated environment. While the paper account is fake money, the trading experience offers real time execution just like the live trading accounts. With a paper trading account, you can test the experience on the AvaTrade trading platforms:
- AvaTrade WebTrader
- MetaTrader 4
- AvaTrade MT5
- AvaOptions
- AvaTrade App
Using a test account, beginners can learn the necessary tools and steps to trade in a safe environment until ready to risk their capital. A demo account is one of the safest ways to trade and not lose any money.
How To Open An AvaTrade Demo Account
First, open your AvaTrade demo account with minimal effort today. Complete a simple registration process by entering basic information including, name, phone number and email address. Depending on your geographic location, your account may have additional regulations and compliance. AvaTrade is a best regulated forex broker. All accounts, including free demo accounts, require AvaTrade KYC verification.
- Click on this link to go to the registration page (Free Demo).
- Enter your email address, password, country, and the partner code 201329.
- Click on “Practice For Free” and complete the registration.
- Avatrade will send you an email confirmation with your login credentials.
- Your Avatrade demo account will be loaded with a default balance of $10,000.
On certain AvaTrade platforms, you will have the option to login with Facebook or Google too. Remember to review and agree to all required terms, conditions, or policies. Register a demo account to start testing the markets today.
Demo Account Duration
Avatrade demo account provides you a set duration to familiarize with the trading platform. The demo account remains active for a 60-day period from creation. During this timeframe, you can prove all the platform features and establish the trading strategy that best suits your style and budget. However, there are some trading models that require more time. Therefore, Avatrade also provides you with an extended demo experience. Then, contact Avatrade’s Customer Service before your Demo account expires to request a specific time extension. In case your demo period is over – more than 60 days from registration – you can add a new demo trading account with these simple steps:
- Sign up into your My Account with your email and password.
- Click on “+ Add an account” at the green bottom on the right.
- Choose the “Demo Account” option.
- Select the trading platform and account base currency.
- Click on Submit bottom and receive an email confirmation with your new account login information.
Definitely, Avatrade offers you a demo account for +60 days after registration.
AvaTrade Demo Account Features
In addition to a complete duplication of the live trading experience, the Ava demo account features all the essentials for beginners. Set market orders in your testing account for stop-losses, limit buy/sell, and trailing stops. Watch the live pricing action and test new strategies. When getting started, you can try out different assets classes including:
- AvaTrade Indices
- AvaTrade Stocks
- AvaTrade Forex
- AvaTrade Currencies
- AvaTrade Crypto
- AvaTrade Commodities
Also, you do not need a deposit to get started. When you’re ready the demo account can be upgraded to a real trading account.
Can I have Multiple AvaTrade Accounts?
Once you have an AvaTrade real account, you can add additional accounts. These demo or real accounts are kept under your original registration. With this functionality, you can keep both a demo account and live account active. Additionally, you may want to have multiple accounts to keep various strategies or techniques separate. All accounts provide the same level of security, regulation and protection by AvaTrade regulated and licensed broker. When setting up multiple accounts, you can choose specific trading platforms or alternative base currencies. In most cases, your additional accounts will be ready to use instantly. Additionally, the AvaTrade Professional Account offers increased leverage and competitive spreads.
Switching Demo Account To Live Account
Finally, transition from your Avatrade demo account to your live account if you feel ready to apply your trading skills. To make a seamless switch, understand the financial basic rule of supply and demand, close to essential economic indicators. Plus, create a solid trading strategy, selecting the proper trading asset from forex pairs, commodities, indices or others. Consider the trading instrument based on market volatility and liquidity. Additionally, keep in mind trading real funds may affect your emotions, so you must act wisely and objectively. Start trading with small amounts and increase your trading positions gradually as you know the market better. Surely, follow the tips above to switch from your Avatrade demo account to your live account.
