Exness Demo Account

Why use a demo first

• Drill the order ticket until the stop loss and take profit go in before the order does.
• Trade at the lot size a small live account would really use, not the size the virtual balance allows.
• Keep one instrument and one timeframe for the whole run, so the log means something at the end.
• Log every entry with its reason written down before the outcome is known.
• Reset the virtual balance any time from Set Balance; no verification is needed to open a demo.
• Finish on sample size rather than on a good week — a few dozen trades under one unchanged rule set.

What a demo run is actually for

The first purpose is mechanical. Placing a market order, attaching a stop loss and a take profit before sending it, modifying a level on an open trade, closing part of a position: these are motor skills, and getting them wrong with real money is expensive for no reason.

The second purpose is evidence. A plan claims that a particular setup, entered a particular way, with the stop in a particular place, is worth taking. That claim is only worth anything after a few dozen trades have been recorded under it, with the reason for each entry written down before the result was known.

The third purpose is honesty about the schedule. A demo shows quickly whether the hours you can actually sit at a screen line up with the hours the chosen market moves. That answer is much cheaper to get now than after funding.

Where a demo misleads, and how to correct for it

Virtual money does not hurt, so demo discipline flatters everyone. The correction is to trade the demo at the size the live account will really use, not at the size the virtual balance allows — the balance can be reset from Set Balance in the Personal Area at any time.

A demo also invites over-trading, because there is no cost to being wrong. Capping the number of trades per day in the written plan makes the demo behave more like the account it is rehearsing for.

Demo accounts can go inactive after a long unused period, and a new one can be opened at any time. Up to 100 MT4 and 100 MT5 demo accounts sit under one profile, so several account types can be rehearsed side by side.

A four-week demo routine

1. Week one — mechanics only. Place, modify and close orders. No plan, no scoring, just the ticket.
2. Week two — write the plan on one page: market, timeframe, entry condition, stop placement, risk per trade, maximum trades per day.
3. Week three — trade the plan and log every entry with its reason before the outcome is known.
4. Week four — read the log rather than the balance. Which rule was broken most often, and on which day of the week?

The run ends on sample size, not on a profit figure. If the log is thin, the month repeats.

What to read next on the way in