EasyMarkets Demo Account Review

logomark Anthony Gallagher calendar Last Updated: November 2021 timer 4 min read
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As a reputable trading platform, EasyMarkets has prioritized customer satisfaction. No wonder it offers multiple trading account types and makes it easier for its users to choose an account type that meets personal requirements.

If you wish to deepen your knowledge of this trading platform, go through our EasyMarkets Review.

This article focuses on one of the several account types: EasyMarkets Demo Account. How can you open this account? What are the pros and cons of trading via the account?

Let’s discover it now!

Table of contents

EasyMarkets Demo Account Opening Tutorial

The step-by-step guide below takes you by the hand and leads you through the EasyMarkets simple demo account process.

Step 1: Getting Started with Your EasyMarkets Demo Account.

The first step in the demo account opening process is to visit the EasyMarkets’ website. Following the link, you will land on the demo account registration form.

Step 2: EasyMarkets Demo Account – What Documents/Information Do You Need?

You are not required to provide a long list of information to open this account. You only need a valid phone number and a valid email address.

On the other hand, you need proof of identity and a proof of address to open a real account. Your bank statement and ID card or passport is enough proof of your identity.

Step 3: Fill in the Registration Form

In addition to the phone number and email address, provide all the required information when filling the registration form.

Step 4: Confirm the Account via Email/Telephone

After submitting the registration form, you must verify your email address since it is the correspondence channel between you and the platform. EasyMarkets will send a confirmation email with your account details to your email address. Open the confirmation link to complete the process. Keep your login details safe.

Step 5: First Login into the Demo Account

After your email confirmation, proceed to the EasyMarkets Demo Account with your login details. To access the Demo Account, visit the broker’s homepage and click “Menu.” Then, scroll to the bottom of the page and click “Demo” when you find it. Finally, enter your details on the provided page to proceed to the Demo account.

Step 6: Choosing Your EasyMarkets Demo Account Platform

You can use the Demo account on different platforms, depending on your choice. The available EasyMarkets platforms are MT4 and mobile apps.

EasyMarkets Demo Account Review

What Types of EasyMarkets Demo Accounts are Available?

There are three Demo account options for EasyMarkets users. These are:

  • Standard Account.
  • VIP Account.
  • MT4 Account.

Your regulation area determines your choice. For instance, European traders are eligible for one account type only. Generally, though, traders can choose any of the supported demo accounts without restrictions.

EasyMarkets Demo Account Features, Restrictions, and Differences with Live Account

EasyMarkets Demo Account replicates the Live Account and gives you an idea of what to expect when using the latter account.

The significant difference between the two is slippage, a common problem with a Forex demo trading account. Since slippage occurs during a volatile market period while trading in a Live Account, nothing can stimulate it.

Advantages of Trading with an EasyMarkets Demo Account

Trading with an EasyMarkets Demo Account offers some benefits you may wish to check out.

The EasyMarkets Demo Account allows you to trade with over 200 instruments without any risk, since all money provided by the demo trial is virtual. Despite being virtual, the demo account replicates almost perfectly a live trading environment, helping you to understand how the real markets work.

The demo account trial is not just something for beginners: many expert traders use it to try out new trading strategies before applying them on a trading account funded with real money.

EasyMarkets Demo Account Management

EasyMarkets Demo Account Expiring Time

Easy EasyMarkets Demo Account users have two weeks to use their Demo Accounts. At the expiration of the two weeks, you can extend the expiring time by making your first deposit into the account.

After crediting the account, the broker will remove the restriction and give you unlimited access to the account.

Also, you will get an unlimited Demo Account once you open a Live Account.

EasyMarkets Demo account reactivation

If you wish to reactivate your deactivated account, mail the broker to get it done.

About the Author

Anthony Gallagher

Broker Expert

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.

A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.

He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.

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