ActivTrades Demo Account

Professional traders may use the ActivTrades demo account to test and tweak strategies, while beginners may use it to test the ActivTrades platforms and explore trading. Traders using the ActivTrades demo account as an educational tool must consider its limitations, navigate the pitfalls, and avoid the demo trap.

Read my ActivTrades demo account review and learn from pro tips on achieving the most beneficial ActivTrades demo account trading experience.

Main Features of the ActivTrades Demo Account

Traders can customize their MT4/MT5 ActivTrades demo account or use the ActivTrader alternative, which comes with a $10,000 default balance. During my ActivTrades review, the ActivTrades demo account had no expiry as long as traders used it every 30 days.

Beginners can test the trading platform before choosing one of the live ActivTrades account types. Seasoned traders may evaluate the ActivTrades fees and trading conditions, test new strategies, and adjust existing ones. Algorithmic traders can bug-fix and test their trading solutions, while copy traders may evaluate signal providers.

ActivTrades Demo Account Overview

How to Open an ActivTrades Demo Account: Step-by-Step Procedure

Like all demos, the ActivTrades demo account uses virtual funds, meaning no payment is required and the ActivTrades minimum deposit does not apply.

Follow my step-by-step guide below to open your ActivTrades demo account.

Here is how you open your ActivTrades demo account:

1. Click “Try a Free Demo” on the ActivTrades homepage.

2. Select your preferred trading platform from the pop-up and click “Try Now” if you select the ActivTrader version and follow the on-screen instructions. Otherwise, you must submit your name, e-mail address, and phone number before clicking “Register.”

3. ActivTrades will send a confirmation e-mail.

4. Traders can now download their preferred trading platform and log in with the details e-mailed by ActivTrades.

Noteworthy:

• Traders should remember, that as with all other demos, users cannot test the ActivTrades withdrawal methods, as the demo account uses virtual funds

How to Use the ActivTrades Demo Account

My tips below can improve your ActivTrades demo trading experience and avoid pitfalls, including the demo trap.

Tips on using the ActivTrades demo account:

• Consider how the lack of exposure to trading psychology will impact your trading results
• Incorporate educational lessons from trading psychology to risk management strategies and their relationship to leverage
• Evaluate your strategy, tweak it, test new ones, gather trade data, and compare performances
• Customize your ActivTrades demo account settings to reflect your planned live portfolio
• Trade lot sizes based on expected live deposits

Differences Between Live and Demo Accounts with ActivTrades

While the ActivTrades demo account attempts to simulate live trading conditions, traders will never experience them.

The primary differences between live and demo accounts are:

• No exposure to trading psychology, which separates up to 90% of unprofitable retail traders from profitable ones
• Traders cannot experience slippage, profits, and losses, as no actual trading occurs

Noteworthy:

• Many traders face immediate live portfolio losses after profitable demo trading due to the relationship between trading psychology and how it influences trading
• Beginners account for the smallest group of demo traders, as a demo account is not an ideal educational tool but a necessary tool for seasoned traders

Pros and Cons of the ActivTrades Demo Account

Demo trading can yield a false sense of accomplishment. Therefore, traders must evaluate the pros and cons of the ActivTrades demo account to maintain awareness of mistakes and avoid the demo trap.

The Pros of the ActivTrades Demo Account

• Customizable ActivTrades demo settings in MT4/MT5
• Swift online registration process
• No expiry

The Cons of the ActivTrades Demo Account

• No exposure to trading psychology
• False sense of security and accomplishment
• May promote reckless trading, unrealistic expectations, and a misguided mentality

ActivTrades Demo Account Bottom Line

The customizable MT4/MT5 ActivTrades demo account has no expiry, so long as traders use it every 30 days. It aims to simulate live trading conditions, but beginners who use the ActivTrades demo account as an educational tool must consider its limitations. The ActivTrades demo account cannot simulate trading psychology and its effect on traders.

FAQs

Is a demo account real money?

All demo accounts use virtual funds.

Can I withdraw money from a demo account?

All demo funds are virtual, and traders cannot withdraw money from a demo account. Some brokers allow traders to reduce the demo account balance to simulate withdrawals and their impact on portfolios.

Is ActivTrades safe?

ActivTrades is a safe broker because it offers negative balance protection, segregates client deposits from corporate funds, complies with four regulators, and provides enhanced client protection up to $1M.

How long does the ActivTrades demo account last?

There is no expiry on the ActivTrades demo account, but ActivTrades may cancel the account if traders do not use it for 30 days.

Is ActivTrades worth it?

While ActivTrades features a quality trading environment, each trader must evaluate the trading conditions and decide if it makes ActivTrades worth it.

Is ActivTrades free to use?

It is free to open an ActivTrades account, but like all brokers, traders pay spreads, swap rates on leveraged overnight positions, and applicable currency conversion fees.

Does ActivTrades have a demo account?

ActivTrades offers demo accounts for MT4/MT5 and its proprietary ActivTrader platform.

By DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.