Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

maxr

MT4 Demo Accounts That Don't Expire?

Recommended Posts

Can anyone suggest MT4 demo accounts that don't expire? I'm looking to update my Forex Smart Tools trade calculator with market prices in MT4 format. I don't mind opening a small real account (eg a nano account) with a few dollars if that's the only option.

 

Thanks, Max

Share this post


Link to post
Share on other sites
Can anyone suggest MT4 demo accounts that don't expire? I'm looking to update my Forex Smart Tools trade calculator with market prices in MT4 format. I don't mind opening a small real account (eg a nano account) with a few dollars if that's the only option.

 

Thanks, Max

 

Hi Max

 

There are a couple of ways around this problem.

 

If you are happy with your current MT4 platform, you could try always keeping a trade open. This can be done with minimal impact on your balances, by opening a long AND a short position on GOLD simultaneously. Wait for a time when the price of gold is not ticking up or down frequently, so as to be long and short at about the exact same quote.

 

You will have swap accumulating, but the nett change in the price of gold will always be zero, so your trade balances will not be affected by movement in Gold.

 

The other thing you could do, is go to:

 

MetaTrader 4 Trading Platform / MetaQuotes Software Corp.

 

and download their MT4 platform from the home site. It is generic, which means it is not tied to any specific broker. I do not know if it expires or not - I don't think so, but it might. Email them.

 

The downside is that they may not provide the range of instruments available from Commercial brokers using MT4.

 

I use a few platforms, because of various templates and profiles I have previously used, and am loathe to dump them.

 

https://www.fxpro.com/ is one that I'm certain does not expire - can't remember having to open a new account or password with them.

 

I just checked - my current FxPro demo a/c has been unchanged since 15th July 2010 ... so that one does not expire.

 

FXCM expires after 60 days - I just got that from FXCM support.

 

Did you realise that after your platform expires, you can simply go to the top toolbar, and go to:

 

< FILE

<OPEN AN ACCOUNT

 

and enter the details, or check the current ones are already recorded correctly.

The platform will automatically re-install, using a new PW and Platform number.

 

All charts and templates/experts will be restored.

 

This way you do not lose any of your custom indicators/expert advisors/templates. They are automatically retained and reloaded - the only thing that changes is the Platform number and your log-in password. If you forget them don't worry - the latest platform number and password is recorded in the "Mailbox" seen on the bottom toolbar when you have the "Terminal" window open (also found on the top toolbar).

 

Probably preaching to the choir here - so ignore this stuff if you already understand it.

Share this post


Link to post
Share on other sites

Thanks Ingot54, that's great. I have an FXCM Malta demo, but (at least here in UK) the datafeed seems pretty slow. I need the MT4 feed to provide data for the Forex Smart Tools program called Forex Calculator - it works out a 'partial pips' trade size based on current price, maximum loss %., required stop loss and spread.

 

Also, The Oracle Trader news trading system (which I'm exploring for light entertainment - I might get 1-3 trades a week from it, some or all of which will be 'no-trades') uses MT4 EA's to enter and control news trades. The problem with this system (and they make no bones about it) is that many of the brokers who use MT4 are liquidity providers who make all their money from the spread and don't want news traders taking money out of their pocket by trading so fast they can't cover it (an Oracle trade can be over in half a second - so fast you can't watch it). I'm told I can use Ninja Trader to interface an IB ECN style accouint with the MT4 order system (whew...) - or maybe I can find a direct access futures broker who uses MT4, and use Oracle to trade CME futures with it.

 

Max

Share this post


Link to post
Share on other sites

I remember i had to do this research by myself, as the absolute majority of brokers give you 30 days limit only. It was so annoying - I opened a demo account and sales people started call me almost once a day, as soon as i said i wasn't going to open a live account right away

they closed my demo.

 

I can recommend you NordFX. They have unlimited demo account if you log in at least once in 30 days. they will not disturb you

Share this post


Link to post
Share on other sites

Thanks for that, Cosa Nostra, I'll make a note of it.

 

When I downloaded MT4 from the developer's site, it identified I'm in UK and suggested I use a demo feed from Alpari. This feed is good, it feels like a totally different platform from the last MT4 demo I had. Now, can anyone suggest an MT4 script or whatever that will let me set up one manual OCO order with a market or limit entry, a stop, and two or three take profit limit levels?

 

Max

Share this post


Link to post
Share on other sites
Can anyone suggest MT4 demo accounts that don't expire? I'm looking to update my Forex Smart Tools trade calculator with market prices in MT4 format. I don't mind opening a small real account (eg a nano account) with a few dollars if that's the only option.

 

Thanks, Max

 

 

Here is a list of 20+ brokers that have non-expiring MT4 demo accounts....

 

www . forexchurch . com/brokers-with-non-expiring-demo-accounts.cfm

 

* Remove the spaces in the link to make it work !

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Originally Answered: How can I compete with people who are better than me in every way?   So you want to outcompete people who are smarter, better looking and more experienced than you?   No problem!   All you have to do is outwork them.   Will Smith said, "if we both get on a treadmill either you're going to get off first or I'm going to die trying."     Most people just aren't willing to work that hard. Sure, they'll show up for the job interview and maybe practice in front of the mirror for a few minutes, but they won't do hours and hours of research and prepare for weeks. They won't wake up early and stay up late working on their dreams.   So while all those smart, good-looking, experienced people are waiting around for the next opportunity to come their way, you can outwork them and create your own opportunities.   In a few years, you'll be that "smart" person everyone looks up to. But you'll be different. You'll know it was your hard work, your inner strength and your commitment to living a great life that made you successful and brilliant - not luck or good genes.” – Tom Corson-Knowles, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • @sxiqxx, Well done on making your first post a promising strategy. @everyone, post up if you want this coded into an EA. Although I switched to TradeStation, I still have an active MT5 demo with MetaEditor. I can code it without referencing object oriented programming which should be retroactively compatible with MT4. Let me know...
    • Please allow me to retort (in jest): RESPONSE 1 : Get a job supervising others where you're in control of performance reports and ride those others 100%. This makes your performance 100% with little to no effort.   RESPONSE 2: Feel free to piss off your boss but stay nonviolent. When the side effects of his viagra and testosterone boosters cause him to physically assault you, you have the legal upper hand. This can result in a boatload of trading capital.   RESPONSE 3: Feel free to have intimate relations with your boss if she finds you attractive. Rest assured that mum's the word because once again, you have the legal upper hand. This can also result in a boatload of trading capital.   RESPONSE 4: Don't be fake friends with any enemies... unless you need information from them. Being fake friends with everyone will cause you to become an empty shell of a person with no direction in life.   REPONSE 5: Get your boss to become reliant on your performance (really, just the performance of your subordinates), and then plan an "overheard" conversation wherein you fake an interview with another potential employer. You'll probably get a pay increase or a promotion.   RESPONSE 6: If you can give your 75% percent to a project, give 50% and rely on your legal upper hand(s). Learn to write trading algo's during your other 50%.   RESPONSE 7: Take all of the office boys out to nightclub where you merely sip soft drinks on a weeknight. Upon your return to the office in the morning, inform the security guards that all of the office boys are intoxicated. Your boss will love you for it.   RESPONSE 8: Never try to prove your client wrong or find faults in their processes, but do secretly collect their information in case you jump ship or "someone you know" decides to start his own company.   RESPONSE 9: Never stay in a firm for too long. Instead, use your ill-gotten capital to exit the rat-race and start trading.   RESPONSE 10: Trading pays more than your career. Interpersonal skills are now irrelevant. Use your technical skills for trading. Never stop learning and keep updating your technical skills.😁
    • There are a lot of trading strategies like elliot waves, wyckoff etc so we need to apply those who best suited to our need and are understandable too.
    • Scalping can be good during the high volatile markets however the new traders should be careful while entering and exiting the markets too quickly since they can make losses as well. If the broker support news trading we can make most out of the scalping in my opinion.  
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.