OvalX Demo Account

OvalX 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.

OvalX at a glance

Overall Rating

• 3.4/5

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Min Deposit

USD 250

Regulators

FCA, CySEC

Trading Platform

MT4, OvalX Trading Platform

Crypto

Yes

Total Pairs

79

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our OvalX Demo Account below.

OvalX Demo Account – 8 Key Point Quick Overview

1. OvalX at a glance
2. OvalX Demo Account – 8 Key Point Quick Overview
3. OvalX – OVERVIEW
4. How to set up an OvalX  Demo Account – Step by Step
5. OvalX  Customer Reviews
6. OvalX Pros and Cons
7. Conclusion  
8. Frequently Asked Questions

Here is an overview of the OvalX Demo Account as well as the features that are offered.

OvalX – Overview

A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.

As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.

If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

Opening a demo account with OvalX will give users the ability to test out the trading features of the MT4 platform or the ETX TraderPro platform against the conditions in the broker’s account.

How to set up an OvalX  Demo Account – Step by Step

Opening a demo account with OvalX will consist of the following steps:

Step 1 – Create an Account

Click on the option to open an account at the top left of the broker’s website

This will redirect you to the registration portal. From here you can choose to open a demo account

Step 2 – Add personal info

Select the platform option for which you would like to open a demo account. You can choose between MetaTrader 4 and ETX TraderPro

Complete the short demo sign-up form.

Submit your registration to launch your demo account

Step 3 –One Click Trading

Using the MT4 demo version, traders will have the ability to test the following features:

Automated trading with Expert Advisors

Fast execution with One Click Trading

Multiple chart capability

Step 4 – Fund your account

Once your account is confirmed and opened, you can start trading. Transfer the minimum deposit, or if there is none, any amount of money to your broker account and let’s roll! You are now an investor!

A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.

A forex demo account is also intended for beginners to get familiar with the various aspects of trading.

As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.

If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

OvalX  Customer Reviews

Great customer service

I asked 4 different questions from different areas and I got a very detailed and easy-to-understand response. Well done and keep the customer service in that manner.

Efficient and trustworthy service

I have been with OvalX for a number of years now. I have found their tools easy to work with and the platform handles trades well at fair prices. ETX Capital provides good FX training courses and also has a friendly and helpful customer service team.

Great start to working with your…

Great start to working with your company, seamless start.

Thank you.

OvalX Pros and Cons

Conclusion 

OvalX 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.

You might also like: OvalX Review

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You might also like: OvalX Minimum Deposit

You might also like: OvalX Sign-up Bonus

Frequently Asked Questions

What can I do with the OvalX demo account?

The demo account allows users to test 5,000+ Markets to trade, the intuitive and easy-to-use platform, and customizable charts and fast execution.

What type of broker is OvalX?

This broker is an online market maker who offers a platform for CFD trading and spread betting.

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

For how long is the demo account valid?

The demo account from OvalX does not appear to expire.

Which live trading accounts does OvalX offer?

OvalX offers a choice of two account types, consisting of a Standard Account and a Professional Account.

What are the available deposit currencies for a live trading account?

MT4 accounts can be opened in GBP, USD, or EUR. Trader Pro accounts can be opened in all the major currencies. However, traders depositing in smaller currencies will likely incur conversion fees.