Demo Account Exness Philippines Trading Platform Setup
Demo Account Trading with Exness in Philippines
Exness provides demo accounts for traders in Philippines who want to practice without financial risk. These accounts simulate real market conditions using virtual funds. Users receive $10,000 in virtual currency to test trading strategies and platform features.
Demo trading helps new traders understand market mechanics. Experienced traders use these accounts to test new strategies before implementing them with real money. The platform replicates actual trading conditions without the risk of capital loss.
How Demo Accounts Function
Demo accounts mirror live trading environments in every aspect except fund authenticity. Price feeds come from the same sources as real accounts. Order execution follows identical processes to live trading.
The virtual balance allows traders to:
- Open positions across all available instruments
- Test stop loss and take profit orders
- Practice risk management techniques
- Familiarize themselves with platform tools
Account holders can reset their demo balance when funds run low. This feature enables continuous practice without interruption.
Account Creation Process
Registration Requirements
Creating a demo account requires basic information:
Required Information | Details |
Email address | Valid personal email |
Password | 8-15 characters with numbers and letters |
Country | Philippines selection |
Phone number | Local Philippine number |
Step-by-Step Setup
- Visit the Exness registration page
- Select “Demo Account” option
- Enter required personal information
- Verify email address through confirmation link
- Choose trading platform (MT4, MT5, or WebTerminal)
- Set account parameters (leverage, currency, balance)
The process takes approximately 2-3 minutes. No document verification is required for demo accounts. Users can start trading immediately after email confirmation.
Available Trading Platforms
MetaTrader 4 Demo
MT4 demo accounts provide access to:
- 50+ currency pairs
- Technical analysis tools
- Expert Advisors testing
- Custom indicators
- Mobile and desktop access
MetaTrader 5 Demo
MT5 demo accounts include:
- Multiple asset classes (forex, stocks, indices)
- Advanced charting tools
- Economic calendar integration
- Market depth information
- Enhanced order types
Exness WebTerminal Demo
WebTerminal demo features:
- Browser-based trading
- No software download required
- TradingView integration
- 100+ technical indicators
- Real-time market data
Account Types and Conditions
Demo accounts replicate all live account types available in Philippines:
Account Type | Spread | Leverage | Minimum Trade |
Standard | From 1.0 pips | 1:2000 | 0.01 lots |
Standard Cent | From 1.0 pips | 1:2000 | 0.01 cent lots |
Pro | From 0.1 pips | 1:2000 | 0.01 lots |
Zero | From 0.0 pips | 1:2000 | 0.01 lots |
Raw Spread | From 0.0 pips | 1:2000 | 0.01 lots |
Each account type maintains identical conditions to live trading. Spreads fluctuate based on market conditions. Leverage settings can be adjusted in account preferences.
Trading Instruments Available
Demo accounts provide access to complete instrument range:
Currency Pairs
- 107+ forex pairs
- Major, minor, and exotic currencies
- Real-time pricing
- Variable spreads
Commodities
- Gold and silver
- Oil products
- Agricultural products
- Energy commodities
Indices
- Global stock indices
- US30, US500, USTEC
- European and Asian indices
- Real market correlation
Cryptocurrencies
- Bitcoin, Ethereum, Litecoin
- Multiple crypto pairs
- 24/7 trading availability
- High volatility instruments
Platform Features and Tools
Analysis Tools
Demo accounts include complete analytical suite:
- 30+ technical indicators
- Multiple timeframes (M1 to MN)
- Drawing tools and objects
- Price alerts and notifications
Order Management
Available order types:
- Market orders
- Pending orders (limit, stop)
- Stop loss and take profit
- Trailing stops
- Partial close options
Risk Management
Built-in risk controls:
- Position sizing calculators
- Margin monitoring
- Negative balance protection
- Maximum drawdown alerts
Demo Account Limitations
While demo accounts replicate trading conditions, certain limitations exist:
- No real money profits or losses
- Psychological factors differ from live trading
- Some market conditions may not be fully replicated
- Slippage simulation may vary from actual conditions
Demo trading cannot completely replicate emotional aspects of real money trading. Market gaps and extreme volatility events may behave differently than in live markets.
Transitioning to Live Trading
When ready for live trading, users can:
- Complete account verification process
- Submit required documents
- Make initial deposit
- Transfer strategies from demo testing
- Start with smaller position sizes
Account verification requires:
- Government-issued ID
- Proof of residence document
- Additional documents for higher deposit limits
Mobile Demo Trading
Exness mobile applications support demo trading:
iOS and Android Apps
- Full platform functionality
- Real-time notifications
- Touch-optimized interface
- Synchronization across devices
System Requirements
Platform | Minimum Requirements |
Android | Version 6.0, 2GB RAM, 100MB storage |
iOS | Version 11.0, 1GB RAM, 100MB storage |
Demo Account Management
Balance Reset Options
Users can reset demo balances through:
- Personal Area settings
- Trading platform interface
- Customer support request
Reset frequency has no restrictions. Multiple demo accounts can be created for different strategies.
Account Maintenance
Demo accounts remain active with regular usage. Inactive accounts may be archived after extended periods. Reactivation is possible through customer support.
Educational Resources
Demo account users access educational materials:
- Video tutorials
- Trading webinars
- Market analysis reports
- Strategy guides
- Platform documentation
These resources complement practical demo trading experience. Regular educational content updates keep traders informed about market developments.
Customer Support for Demo Users
Support services include:
- 24/7 live chat assistance
- Email support in multiple languages
- Platform technical help
- Account setup guidance
Response times average under 5 minutes for live chat. Email responses typically arrive within 24 hours.
Frequently Asked Questions
How long can I use a demo account?
Demo accounts have no expiration date. You can use them indefinitely as long as you remain active.
Can I have multiple demo accounts?
Yes, you can create multiple demo accounts with different parameters to test various strategies.
Do demo accounts require verification?
No, demo accounts do not require document verification. Only email confirmation is needed.
Can I switch between demo and live accounts?
Yes, you can switch between account types in your Personal Area without creating new login credentials.
What happens if my demo balance reaches zero?
You can reset your demo balance to $10,000 at any time through your account settings.
Are demo spreads the same as live spreads?
Demo spreads closely match live conditions but may occasionally differ during extreme market events.
Can I use Expert Advisors on demo accounts?
Yes, MT4 and MT5 demo accounts support Expert Advisors and custom indicators.
Is there a minimum deposit for demo accounts?
No, demo accounts are completely free and require no deposit.
How do I access my demo account from mobile?
Download the Exness mobile app and log in using your existing credentials to access demo accounts.
Can I practice copy trading on demo accounts?
Copy trading features are available only on live accounts after verification completion.
