How to open a demo account (DEMO)

GOFX Support Team2 min read
How to open a demo account (DEMO)

Practice Trading with Demo Account

Start your trading journey risk-free with a GOFX demo account. Perfect for beginners and experienced traders alike.

Why Choose a Demo Account?

  • **Risk-free practice**: Trade with virtual money
  • **Real market conditions**: Live prices and spreads
  • **Full platform access**: All features available
  • **No time limits**: Practice as long as you need
  • **Multiple instruments**: Forex, commodities, indices

Quick Setup Process

Getting started takes just 2 minutes:

1. Visit GOFX Website

- Go to www.gofx.com

- Click "Open Demo Account"

2. Basic Information

- Name and email

- Phone number

- Country of residence

3. Choose Virtual Balance

- $10,000 (Beginner)

- $50,000 (Intermediate)

- $100,000 (Advanced)

4. Instant Access

- Immediate account activation

- Login details sent via email

- Download trading platform

Demo Account Features

#### Trading Instruments

  • 60+ forex pairs
  • Gold, silver, oil
  • Stock indices
  • Cryptocurrency CFDs

#### Platform Features

  • Advanced charting tools
  • Technical indicators
  • Expert advisors (EAs)
  • One-click trading
  • Multiple order types

#### Educational Resources

  • Video tutorials
  • Trading guides
  • Market analysis
  • Webinars

Making the Most of Your Demo

#### Week 1: Platform Basics

  • Navigate the interface
  • Place basic orders
  • Use fundamental tools
  • Practice risk management

#### Week 2-3: Strategy Development

  • Test trading strategies
  • Analyze market movements
  • Keep a trading journal
  • Set realistic goals

#### Week 4+: Advanced Features

  • Use expert advisors
  • Multi-timeframe analysis
  • Portfolio management
  • Prepare for live trading

Demo vs Live Trading

| Feature | Demo Account | Live Account |

|---------|-------------|--------------|

| Market data | Real-time | Real-time |

| Execution | Instant | Market conditions |

| Emotions | No pressure | Real psychology |

| Funds | Virtual | Real money |

| Spreads | Same as live | Current market |

Ready for Live Trading?

Signs you're ready to switch:

  • Consistent profitable trades for 30+ days
  • Good risk management discipline
  • Emotional control maintained
  • Platform mastery achieved
  • Clear trading plan developed

Get Started Today

Open your free demo account now and begin your trading education with GOFX!

Contact our support team if you need any assistance.

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