FAQ - Delta Trading Demo Account
- How do I open a demo account in the Delta Trading platform?
- How long does my demo account last for?
- I did not receive my login details when opening a demo account. What should I do?
- How can I change my demo account password?
- Do I have to supply genuine contact details upon registration? I don't want to receive any spam.
- Is there a risk that my open positions being automatically closed if the margin in my account is insufficient?
- Are trading conditions for demo accounts any different from those for live accounts?
To open a Delta Trading (desktop, web, mobile) demo account, please complete the short online registration form found here.
Your demo account has no expiration date, and you can reset it at any time. Please note that if you choose to do so, all of your positions and orders will be deleted and your account equity will be restored to the level at the time of registration. Please also note that if you do not use your demo account for a period of 90 days, it will be automatically closed.
When registering for a demo account, you are asked to enter an emal address (which acts as a username) and a password – those are your login details. After registration is complete, you are redirected to a web page where those details are displayed; we recommend you write them down for future reference. We also recommend that you use a valid email address so we can have an effective means of communication with you.
A message for successful demo account opening is sent to the email address you enterеd upon registration. If you haven’t received such a message, the reason might be that you have misspelled your email address. Try registering again. Keep in mind that the system does not allow registering twice using the same email address, and so you may receive a message notifying you that this email address is already in use. In such a case, you can use our password recovery option to restore access to your demo account.
Please be informed that you can also log into your demo account with your Facebook or Google+ account.
To change your demo account password, you should log in to your account from the website and set your new password: My Account > Security Settings > Password Change. The password can also be changed from the web version of the platform: My Account tab > Change Password.
We will use the contact details you provided to inform you of important changes and market news that concern your account or would have an effect on your trading acivity. Under no circumstances will we disclose your personal contact details to any third parties. The choice what data you will provide us with is entirely up to you.
Is there a risk that my open positions being automatically closed if the margin in my account is insufficient.
If the funds available in your account are not enough to maintain the margin requirement, some or all of your open positions will be automatically closed. In case of shortage of funds, the green ribbon next to the Free Margin field in the lower-right part of the platform will start changing its colour from green to red.
The topic is explained in more detail here.
No, they are not. The idea behind the demo account is to simulate live market conditions, so that new traders can gain practical experience in working with our platform and develop their trading techniques. But without risking their own money.
Please note, however, that upon opening a live account, the client gets to choose the margin at which they will trade currencies (between 0.5% and 100%), as well as the type of spread (fixed or variable).
In demo accounts, the margin requirement on currencies is set to 1% by default, and the dealing spread is variable. Please get in touch with us should you have any questions on trading conditions for demo accounts.