Exness demo account: How to use it – Trading tutorial

Financial problems can make the trader or break them. You can make money by using and risking funds that are real. You would either win or lose, and you would have to roll with it. However, trading today has become very difficult and evolved. 

Nowadays, if you have practical knowledge, you can start making profits easily from the very start. The demo account by Exness is such that it offers an Exness Trading platform for you to capture first-hand knowledge about trading before you start trading. 

It is like a tutorial that helps you understand trading first. When you use the Exness Virtual Trading platform, you will know about the merits and demerits of the trading style you are going for. 

You can become an expert at trading without putting in money and enter the trading world at your discretion and mood with full knowledge and confidence. Keep on reading this article to know more about this project.

What is the demo account?

Exness Brokerage firm is the main firm that powers the Exness Demo Account. Exness has been a viable platform for a very long time, and so many people have traded over this platform. 

This is a Cyprus-based firm that has been winning awards because of its services presented in the financial industry. Multiple assets can be traded through this portfolio which makes the Exness platform impressive online brokers that you can trade with. 

With a demo account, you can even pretend to be a trader and see how the activity would go down through a virtual trading tour. A virtual trading account works best for beginners or inexperienced people in trading. 

You can get the most basic knowledge about trading from the virtual platform and improve your trading skills. You even get updated to day-to-day changes in the virtual trading platform.

Not only does it increase your knowledge, but it also helps you yield the best results when it comes to trading.

Features of a demo account

The Exness demo account is a great idea as it is free of risk if you are inexperienced. If you want to become an investor in the CFD shares, you can open your demo account to understand it better.

Let us see some features that talk about the greatness of this idea of having an Exness demo account before actual trading begins:

  • Access is free of cost – You do not have to pay a single amount to make this account or even during the whole tutorial is given to you because a broker would present you with the account, which is actually for free only.
  • The interface is very easy to use – Virtual trading has a very easy and smooth interface, and you won’t find any problem using it. The virtual platform does use the real one as a basis for comparison. It helps you understand the hassles of a real trading account if you are a beginner.
  • Mobile Users have access to it – You can download the virtual trading app known as the Exness Official app from the google play store or Apple play store and start your demo account for free. You have to sign-up on the app to run it.
  • Trading tools are a given – You get to see certain tools used in trading, such as charts, indicators, risk management tools, etc. That helps the user build their trading account much stronger than before.
  • Tutorial & guides – The broker will help you use guides and tutorials to give you superior consideration of the trading platform.
  • Virtual Currency is explained – As a practice measure, you get a $1000 virtual currency so that you can trade with it and help understand trading in a better way. 
AvaTradeGo makes trading especially simple
AvaTradeGo makes trading especially simple

Charges for Exness demo account

  • Demo Account Details
  • Virtual Money-USD 1000
  • Charges-Free

Some brokers even charge a fee for making the demo account for making your virtual account. You put zero expense when you’re accessing the Exness demo Account. The broker should not ask for any set-up fee for any submission or service or any AMC as well.

The demo account is just for simple use and understanding for traders. You can even start at zero if you want to understand more properly. You can also trade any asset at zero risk and get professional from usage.

How to open the demo account?

The Exness demo account is free to everyone and takes no charges as it is meant to be free of cost. Even if you are a beginner or a professional, you can open a demo account and get better at trading by practicing trading on the account every day.

Let us now see how to open an Exness Virtual Trading account yourself. We have shared some basic rules of opening an Exness account yourself:

  • You should have a valid Gmail Id for accessing Exness, or you can even log in using the google account.
  • Now you must verify your account from your own Google account via a verification link given by Exness.
  • You will have made a demo account successfully. 
  • Now you can see the interface of the app scroll through some features and functions for yourself. You can follow the guide and tutorial and practice trading yourself.

Mobile users can similarly open an account through the same steps. Just follow the steps and receive a well-made demo account on your screen. If you feel like something is wrong or don’t understand, you can reset the account and start from zero.

You can even switch your virtual demo account to a live trading account from a single tap. However, one is always advised to be careful since many could go wrong.

How to use the demo account?

A demo account is fairly easy to use. Follow the steps below to understand better:

  • Firstly, long into the Exness Trader app.
  • Now select the dropdown menu and set the app to Demo accounts.
  • Now you can navigate through the account by swiping the accounts until you come across the demo account that you want to top up.
  • Now tap on the Deposit option, enter the amount you wish to deposit, and select the Continue option.
  • A message will display on your screen confirming the deposit you have made.

Advantages of using the Exness virtual trading platform

You benefit from using the Exness Virtual Trading platform, and we have talked about it below. Let us see what the advantages of using the virtual demo account are:

  • There is no AMC levied, meaning a demo account is for educational purposes only and should not charge anything at all.
  • The demo account is free of cost, so you can use it for as long as you want.
  • The virtual Currency is refillable, and you can fill it up to $1000.
  • The app’s interface is very easy to use, you get quick guides and tutorials during your usage of the account, and you can get even more value as a beginner.
  • You can learn by using the features of the account; charts and various other indicators are also available in the demo account.
  • The main benefit of this app is that you can use it for free.

The bottom line

It is fairly easy to make an account on the Exness Demo Account. The user can easily access the trading platform without giving any fee. All you have to do is enter your email address and get the demo account ready so that you can use it on the device. 

Exness demo account can be accessed from any device such as a smartphone or a laptop according to your convenience. The account does not even have an expiry date, and you can use it for as long as you wish.

You will get a real trading experience using the virtual demo account, and Exness is an exact mimic of that. It mimics the world of trading to its absolute core. Even though a broker is established through the industry, you still have some questions throughout the whole trading process. 

To understand that question, you must try the demo account to understand everything you need to know about trading. And the best part is that you do it all for free.

Exness traders are safe to use, and they provide the most reliable kind of demo accounts that you can gain a lot from. It is educational and will build your confidence when you use the app to learn from it.

We hope the above guide has mentioned all the details you need to know. However, if you want to know more, go to FAQs and know every detail. 

FAQ – The most asked questions about Exness demo account :

Is there a demo account that you get with Exness?

Yes, Exness provides an account for anyone accessing the app through their phones and desktops without any costs. The broker keeps the trading app in a well-built form, and you can download it from the app store of your phone and access it easily with just a single tap. 
The Exness demo account is an amazing way to learn the trading practices and strategies without actually risking losing any money. You even get virtual Currency as a part of it. However, you cannot withdraw the virtual Currency.

How can you set up the Exness demo account?

Setting the excess demo account is an easy job. All you have to do is enter your email address at the box requested by the broker and verify your Gmail account’s email address. 
The broker will give you prompt access to the demo account. You can find the app on the play store of your smartphones, such as the Apple play store or Google Play store.

What are the fees of the Exness demo account?

Exness demo account does not take any fee that will affect your decision to choose a broker. You would get exposed to all the benefits linked with your demo account for absolutely no charges. 
The biggest advantage you get is that it is free of cost. If you are a beginner, using Exness will be great for you, especially if you do not have an ample investment.

Is the Exness virtual trading platform free?

Yes, the Exness trading platform is free of cost. Anyone can log in through the virtual trading platform only if you have a verified email address. The broker will also not ask for any fee from the demo account user. 
However, if you want to change your demo account to a live trading account, you will have to pay a certain amount to do that.

Is AMC levied on the virtual trading platform Exness?

The broker should not levy any fees from the trader, especially those with a demo account. If you were an alive trader, you would have to pay account maintenance charges too, however not in demo accounts. Anyone can use the demo account without paying charges like fees, AMC, etc.

What documents are required by the Exness demo account?

There is no strict documentation if you only want to use the demo account. You only should have an email address for signing up and a verified Gmail ID for that. 

However, if you wish to make a live trading account, you need to pay a certain amount of charge and may also have to put some documents in. you will only need to have main documents like a pan and Aadhaar card etc.

Do you require a pan card for opening an Exness demo account?

No, you shouldn’t need a pan card when opening an Exness Demo Account. However, if you want to switch your demo account to a live trading one, you will have to show a pan card with different documents to verify the registration process. 

Is the Exness demo account the best platform?

Exness demo account is responsible since it offers all benefits with its demo account is like an extension to the live trading account. Users can even augment the trading experience in a virtual environment by logging in to the demo account. 
The best thing about the Exness demo account is that it is free of cost. The broker does not take any fees as well. Exness is like a free for all candy shop. You get the best out of it without actually paying any money.

Is there an opening fee for the Exness demo account?

No, excess does not charge any money for opening a demo account from its users. The broker does not charge anything as well. Therefore, you can feel free to open a demo account. Moreover, you get $1000 as a virtual currency to learn better over the app about trading and how it is done.

Do you get any money on the Exness demo account?

Yes, you get as much as USD 1000 to access the demo account and learn trading as a real-life experience without having to pay anything from your pocket. This way, you don’t even risk anything.

Which is better; Exness or OctaFX?

Exness has a wide range of tools to be traded; however, OctaFX is more reliable when based on other criteria. Exness even offers a lower spread on their popular tools such as EUR/USD, and it is mostly used by traders only.

Can I make a withdrawal from my Exness demo account?

The money you see in your demo account is not the money you can withdraw for yourself. A demo is a practice account. Therefore, you can only practice trading over it and not get money. It is a process of ifs and buts about the trading process.

Does Exness get regulated in India as well?

Yes, they accept Indian clients as well. Exness is also regulated by the FCA, CySEC, and even the FSC.

How long should you demo trade from your demo account?

You should practice the demo account for at least 6 months if you follow my opinion. If you want to learn and do well in the long run, you can learn for about a year. 
Learning for such a long time will help you become a consistent trader, and you will also be able to generate money when you go live. You can also learn about the market this way and learn about various market strategies and how the market goes up and down. 

Is the Exness demo account reliable?

Exness is an all-inclusive and transparent broker for both beginner and seasoned traders. It has long provided Exness demo accounts to the trading community. Also, it operates under several different organizations. They make their reports available to the public. So, it becomes easy for clients to view the performance indicators and audits. Exness services are of top-notch quality. A lot of people have tried their hands on this trading platform.

What benefits can I avail myself of if I sign up for an Exness demo account?

By opening an Exness demo account, you may profit in a variety of ways. First of all, you can make an account without paying anything. It gives you around a virtual currency of $1000 to trade, which will help you understand trading much better.

The interface of Exness is easy to use. In addition, you get tutorials and guides while using the account. You can learn about it through charts and various other indicators.

How much is needed to trade on the Exness demo account?

There is no fixed amount to open an Exness demo account. Yet, the broker funds your trading account with virtual funds. So, check for your minimum deposit if you want to try it at Exness.



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Last Updated on January 27, 2023 by Arkady Müller