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General Information
The demo account allows you to make trade operations on financial markets in the training mode in conditions close to real ones but without any risk of losing money. The demo account allows you to: • Work through the technique of concluding deals and placing orders; • Learn technical and fundamental analysis; • Test the trading strategy; • Gain experience and confidence in trading on financial markets. Owners of demo accounts are provided with real market data (quotes and news) in real time without any restrictions as compared with owners of real accounts.
The demo account allows you to conclude deals, accomplish technical analysis, and manage open positions just like in the real trading environment.
Although there are a number of considerable differences between the demo account and the real one: • It is not necessary for you to deposit real money; all losses and profits are virtual; • Request of a quote for opening or closing a position may take more time in the real account; • The psychology and behavior of the owners of demo accounts and the owners of real accounts differ a lot.
Opening a demo account Bulbrokers recommends that all its clients start trading with a demo account before opening a real account. It allows experimenting with the MetaTrader 4 trade platform without any financial risk. In order to open a demo account, follow the instructions: • Download the MetaTrader 4 trade platform here; • Unpack mtsetup.zip; • Launch mtsetup.exe and proceed with the installation. The client terminal installation software creates a shortcut on your desktop / - MT3 or - MT4/. In order to launch the client terminal, click the shortcut. After program installation during the first start you will be proposed to register on the Bulbrokers trade server and to open a demo account.
The addresses of the Bulbrokers DEMO servers are: - MetaTrader 3 - mt3demo.sts.bg:1950 or 87.120.42.15:1950; - MetaTrader 4 - mt4demo.sts.bg:443 or 87.120.42.15:443. For successful registration you must fill in correctly all fields. Fields with name, email and country are filled in automatically. You should fill in all fields, except the email field, in Cyrillic (for Bulgarians) or in Latin (for non-Bulgarians).
Bulbrokers reserves the right to delete demo accounts with incorrect or false data without warning. You can open several demo accounts in MetaTrader 4 by selecting: • "File -> Open an Account" or • "Tools -> Options -> Open an Account" or • "Navigator -> Accounts -> Open an Account".
The "Navigator -> Accounts” menu contains your Login and password, and the “Terminal -> Trade” menu contains the data of current condition of your account.
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