Demo Trading Accounts

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How do I open a demo account?

Demo trading on demo accounts provide a safe learning environment before moving to live trading. We want our customers to feel comfortable trading in a demo practice account before placing real money in a live account. Sign up for a FREE demo

How long can I use the demo?

A demo trading account will be active for 90 days, beginning on the day of sign-up. On the 90th day, your account will become inactive. If you feel that you require additional demo time before opening a live account, you may register for more than one demo account.

Do WorldProFx demo accounts involve real money?

No. There is no real money at risk. The demo account involves only virtual play money with a preselected deposit amount determined at sign-up. The demo account is provided so that you may practice trade analysis and execution skills before opening an account with real money.

As in any trading environment, the results that you experience in a demo account may be different from those in a live trading account.

How does the demo account compare to a live account?

A WorldProFx demo account provides traders with the opportunity to familiarize themselves with the trading platform functionality. While the pricing and spreads experienced on the demo account may be similar to that of a live account, the demo account is not a mirror image of what you will see on a live account. The demo account pricing and spreads are only intended to give traders a good idea how a live account would function.

Can the demo account be used to trade standard, mini, or micro lots?

Yes, with the demo account you can trade standard (100K), mini (10K), and micro (1K) lots.

After I download the MetaTrader platform, how do I sign up for a demo to begin trading?

Once the platform is downloaded, simply go to:

  • “File” then click “Open an Account” (note the “Open an Account” screen may appear automatically when logging in).
  • Fill in the information required and click on the box “I agree to subscribe to your newsletters”.
  • Be sure to select the desired “Deposit” amount.
  • Click “Next” two times.
  • After clicking “Next” the second time, login and password are provided. You may want to write down this information for your records. The information, however, is not required.
  • After clicking “Finish,” the system will automatically log you into the new demo account to begin trading.
  • On the top left corner of MetaTrader, your demo account number will be displayed.

Can profits or losses realized on a demo account be collected?

No. The demo account is only funded with virtual play money. No profits or losses are credited to the customer.

Is demo trading available on the weekend?

Demo trading, as with live trading, is only available during regular trading hours (Sunday 5 p.m. thru Friday 4 p.m. EST).

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ANUNCIO IMPORTANTE

 

World Pro Fx tiene el placer de comunicarle a sus clientes que ya ha introducido la documentación para la tramitación de la licencia de Casa de Valores en la República de Panamá. El regulador nos requiere por ley que temporalmente no se autoricen nuevas cuentas de clientes hasta que se haya procesado toda la documentación y otorgado la licencia pertinente, particularmente dado que cierta documentación y formularios aún puede sufrir cambios; sin embargo, nuevos clientes que deseen probar por el momento nuestra plataforma de invitados, o registrarse, bajar y tradear una cuenta de demostración (demo), puede hacerlo a través de cualquiera de nuestras plataformas existentes (MT4, webtrader, mobil trader). Nos disculpamos por cualquier inconveniente que el registro en jurisdicción panameña pueda causar, pero la adquicisión de licencia otorgada por la Superintendencia de Mercado de Valores de Panamá dará a nuestros clientes más seguridad de que las operaciones de la Casa están siendo fiscalizadas apropiadamente, además le dará a World Pro Fx la gran oportunidad de ofrecer en el futuro una gran variedad de instrumentos y servicios financieros de intermediación bursatil. Nuestros clientes existentes pueden estar tranquilos que sus operaciones no se verán afectadas. Todos nuestro clientes existentes serán los primeros en ser notificados de nuevos productos y servicios que World Pro Fx pueda ofrecer luego de adquirir su licencia.

 

IMPORTANT NOTICE

 

World Pro Fx is pleased to announce it has now filed the required documentation for a full broker dealer license in Panama. The regulator, by law, requires us to temporarily suspend approving new client accounts until it has processed all licensing documentation, given that certain forms and documents are still prone to change; however, prospective clients may still use our demo platform or register, download and trade demo accounts through any of our available platforms (MT4, web trader, Mobil trader). We apologize for any inconveniences registration might bring, but licensing under the Securities Market Superintendence of Panama will give clients more security that firm operations are reviewed by appropriate regulator, plus it will give World Pro Fx the great opportunity to offer a new wide range of securities and industry financial products and services. Our existing clients will not be affected. All existing clients will be the first ones to be notified and able to review the new World Pro Fx products and services after licensing.