How to use the Tickmill Demo Account

You want to start trading with Tickmill? – Then you should start with the free demo account first. On this page, we will show you how to open the free demo account and how to use it. Furthermore, as experienced traders for 7 years, we will show you tips and tricks and why you should use the demo account before you start trading live.

Open the Tickmill demo account

Open the Tickmill demo account

(Note: Get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (International))

Facts about the Tickmill demo account:

Tickmill offers you a free demo account to practise or test the trading platform. When you register you can choose the leverage on the account and the virtual deposit. The demo account means that you are trading with virtual money and no risk. Beginners can try out their first trades and advanced traders can practice new strategies or learn how to trade new assets. The demo account is multi-functional.

Virtual deposit: 

Choose the deposit amount you want. It can be any number. We recommend using the investment amount of your real deposit later. Use the demo account like it would be real money.

Leverage: 

Tickmill offers leveraged financial products like forex and CFDs You can choose the leverage of the demo account. It can be up to 1:500.

Currency: 

The account balance is available in USD, GBP, EUR, PLN.

Advantages of the Tickmill demo account: 

  • Free
  • Unlimited
  • Choose the deposit amount
  • Choose the leverage

How to open the free demo account:

In the following steps, we will show you exactly how to open the free demo account with Tickmill. From our experience, it is very easy and fast for traders to get access to the financial markets.

1. Fill your personal data into the form

As you see in the picture above you have to insert your personal data into the form the request the demo account. Make sure your data is correct otherwise you may have problems later if you want to start real money trading. Read also our article about how to deposit on Tickmill. 

Then you have to choose the account type, deposit amount, and leverage of the account.

2. Confirm your email address and receive the login details

Tickmill will send you an email with the login details for your trading account.

3. Download the trading platform

Download the trading platform MetaTrader 4 to your mobile or desktop device. Also, you can use the web trader. You just have to log in with your account details now.

MetaTrader 4 is one of the most popular software worldwide for retail traders. You get access to the financial markets within a few clicks. Customize the charts as you want. There are many tools and indicators for your personal analysis.

Tickmill MetaTrader 4

Tickmill MetaTrader 4

On the webpage of Tickmill, you will also find trading tutorials on how to use the platform. If you got questions about the software you can reach multi-language support. Forex trading is made by opening an order on the market (picture below). You buy or sell currency pairs that are traded against each other. If one currency increases in value you can earn or lose money.

Note: It is important to right-click on the markets and choose “view all” to see all assets and markets.

Tickmill demo account trading

Tickmill demo account trading

4. Start trading

To invest in a market you should open the new order window to open the trade. Insert the trading volume (1 volume/lot is 100.000 units of the base currency) of your position and the risk management (stop loss and take profit). For beginners, it is difficult to calculate the positions. That is why they should the demo account first. But Tickmill offers helpful forex calculator tools, so you can learn it easily.

Why you should use the Tickmill demo account:

The demo account is an account with a virtual balance. Traders can invest without risk like it is real money.

Beginners: 

Beginners should start using the demo account first. If you are new to trading you need to practice strategies, the software, and market behavior. Forex trading is very risky and without knowledge, you can burn a lot of money. If you feel comfortable you can start to trade with a small amount of real money.

Advanced traders.

For advanced traders, the Tickmill demo account is perfect to learn more about the conditions of the broker. Also, you can test new strategies and markets to trade.

Conclusion: The Tickmill demo account is perfect for everyone

On this page we gave you detailed information about the Tickmill demo account. It is a virtual money account for practicing. The account is unlimited and free to use. You can imitate real money trading. The biggest advantages are that you can choose the account balance and trading leverage.

The account opening is also easy and fast. There are no restrictions for you and you can start trading with a trusted Forex Broker for free. For all traders, we recommend to try out the free demo account before investing real money because you can earn important experience with the demo account.

Advantages:

  • Free
  • Unlimited
  • Change the leverage
  • Trade without risk
  • Immitate real money trading

We recommend to trader with the trusted broker Tickmill. The best way to test the platform by yourself is the demo account. 5 out of 5 stars (5 / 5)

(Note: Get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (International))