DomusFX Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
Choose your quick section of our DomusFX Demo Account below.
DomusFX Demo Account Types Revealed:
Here is an overview of the DomusFX Demo Account as well as the features that are offered.
How to set up a Demo Account – Step by Step
To register a demo account with DomusFX, traders can follow these steps:
- Navigate to the official DomusFX website and select “Open Demo Account”.
- Traders will be redirected to a new page that contains a short online application.
- Traders can select the base currency for their demo account and proceed to provide some personal information.
- Traders can enter their first and last name, email address, date of birth, mobile number, and select their country of residence from the dropdown list.
- Traders can read the terms and conditions and select the box to confirm that they understand this before they enter the reCAPTCHA and select the “Register” banner.
- An email will be sent to the address that traders have provided in their application.
- Once traders have received the email, they can click on the embedded link to verify their email address. Traders will be redirected, and they will receive the login details for their new DomusFX demo account.
- Traders will be provided with a link to download and install MetaTrader 4 on mobile or desktop. Alternatively, traders will also receive the link to use the MetaTrader 4 web trading platform which does not require a download or installation.
Demo Account Features
The demo account that DomusFX offers traders can easily be used as a practice account, especially for beginners and inexperienced traders.
DomusFX offers traders with the advantage that they can demo any of the three live accounts that are offered, giving traders the perfect platform to explore what the broker has to offer in a risk-free way.
The DomusFX demo account can also be used to develop, test, and modify trading strategies before they are deployed in a live trading environment.
The demo account can be used on MetaTrader 4, offering traders with a plethora of trading tools, material, and resources to refine and perfect their trading skills and strategies.
MetaTrader 4 is well-known as one of the most user-friendly platforms that caters for beginners while simultaneously catering to the advanced, sophisticated trading needs of more professional traders.
Pros and Cons
| PROS | CONS |
| Demo account offered on all accounts | Broker not regulated |
| MetaTrader 4 offered |
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FAQ
What is the difference between a demo and live trading account?
A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.
Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.
Does DomusFX offer a demo account?
Yes, DomusFX offers a demo account.
How long is the demo account valid?
30 days.
Which live trading accounts does DomusFX offer?
- Standard Account
- Premium Account
- VIP Account
Does DomusFX offer an Islamic Account?
Yes, DomusFX offers traders with the option of converting any of the three live trading accounts.
What are the available deposit currencies for a live trading account?
- EUR
- USD
- GBP
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