How to Open a Bitcoin Demo Account from MetaTrader 4 Bitcoin Trading Platform

The Bitcoin demo cryptocurrency trading account to learn bitcoin trading with is the MT4 demo cryptocurrency trading account. To open a new demo cryptocurrency trading account for practice trading, a bitcoin trader can do this directly from their bitcoin trading platform. Below using the MetaTrader 4 platform, on the top left corner; click File then click "Open an Account" button as shown below.

Open Free Bitcoin Demo Account MetaTrader 4 Bitcoin Trading Platform - MetaTrader 4 Bitcoin Trading Demo Account

Once you click this link you will be taken to your cryptocurrency trading broker website where you can register for MetaTrader 4 demo cryptocurrency trading account details of a Bitcoin practice account.

The next step is to fill the following MetaTrader 4 demo bitcoin trading account opening form shown below, the required information is:

• Your first name
• Last name
• Country
• City or town
• Phone number
• E-mail address.

After filling these MetaTrader 4 demo bitcoin trading account opening details on the form below, click the open trading demo bitcoin trading account button.

Demo Registration - Online Trading Practice Account - How to Open MetaTrader 4 Bitcoin Trading Demo Account

Once you fill the MetaTrader 4 demo bitcoin trading account opening form and complete this step, you will then receive confirmation details of your online trading demo login and password details as shown below. A copy of these Cryptocurrency login details will also be sent to your email address.

MetaTrader Bitcoin Demo Account Registration Confirmation

The crypto login details of the free practice trading account you just registered for that are sent as an email will appear in your inbox as shown on the screenshot below.

Demo Registration Details Sent to E-Mail Address - Bitcoin Trading Practice Account - Open MetaTrader 4 Bitcoin Trading Demo Account

Once you receive the demo cryptocurrency trading account login details, you can now then login into the MetaTrader 4 platform and start to access the financial cryptocurrency market and practice trading on this demo practice account.

The link to also download the MT4 platform is also provided along with the login and password details upon registration of the MetaTrader 4 demo bitcoin trading account so that you can download the MT4 Bitcoin Trading Software, if you haven't downloaded it.

The procedure for installing the MetaTrader 4 platform, is covered in our previous MetaTrader 4 demo tutorial lesson before this one; How to install MetaTrader 4 platform.

How to Login to Demo Bitcoin Trading Account

To login to your MetaTrader 4 bitcoin trading demo; Open the MetaTrader 4 platform and at the top left corner of MetaTrader 4 click "File" then click Login as shown below:

Login to Bitcoin Trading Practice Account on MetaTrader 4 Software - MetaTrader 4 Demo Tutorial

The following popup widow will popup prompting you to enter your demo cryptocurrency trading account login details and password. Enter the crypto login details as shown below and save the information by checking the "save account information" button so that there is no need to retype the next time you want to login.

Login to Bitcoin Trading Demo Account

Enter details as below and login

Login to Practice Bitcoin Trading Demo Account - MetaTrader 4 Bitcoin Trading Demo Account Tutorial

You will then be logged in to the MT4 demo bitcoin trading account as shown below:

Example of How Cryptocurrency Demo Account Looks on MT4 - MT4 Bitcoin Demo Account

Once you have opened a free demo cryptocurrency trading account you can then start to practice the following:

• How to place bitcoin orders
• How to open crypto charts and place technical indicators
• How to analyze Bitcoin charts
• How to monitor profits and losses
• How to navigate the MetaTrader 4 platform interface

While practicing all the above, the money used is virtual money, meaning a bitcoin demo trader will practice using virtual money but everything else including btcusd price movements will reflect the true cryptocurrency market movement.

Practice Demo versus Live Account

The bitcoin trading practice demo bitcoin trading account only difference to the live cryptocurrency trading account is the deposit, with a demo bitcoin trading account a trader cannot deposit or withdraw money but with the real bitcoin trading account a trader can deposit and withdraw money and all the trades will be transacted using real money and profits can be withdrawn and losses will be deducted from the deposited amount.

Traders should use this demo practice trading account to test out their bitcoin trading strategy and practice bitcoin trading until such a time that they can trade the btcusd trading market profitably. Then when they learn how to make a profit on their demo practice bitcoin trading account then they can open a live cryptocurrency trading account and start trading the real cryptocurrency market.

Once a beginner bitcoin trader registers for the free demo cryptocurrency trading account the next step is to learn the bitcoin trading platform as well as learn bitcoin trading systems and bitcoin trading strategies which will be used to generate cryptocurrency signals for bitcoin trading. The trader will then test these bitcoin trading strategies on the Bitcoin demo cryptocurrency trading account that they will have opened to test if these trading strategies are profitable. Once the bitcoin trading strategies are profitable on the bitcoin trading demo cryptocurrency trading account and a bitcoin trader starts to make consistent profits on their Bitcoin practice demo bitcoin trading account then they can consider opening a real cryptocurrency trading account.