Demo Account Registration Exness

Opening Your Demo Account with Exness in South Africa

Our company provides South African traders with full access to demo accounts through reliable, high-performance trading platforms. The demo account environment replicates live market conditions with real-time price data from top liquidity sources. Users can practice trading with over 200 instruments, including currency pairs, precious metals, indices, and cryptocurrencies as CFDs. The setup process is quick, requiring only an email, mobile number, and country selection, which must be South Africa. Demo accounts start with a $10,000 virtual balance, refreshed monthly or on user request within the Personal Area.

Spreads, execution speeds, and market conditions in the demo environment mirror those of live accounts precisely. We offer account currencies including USD, EUR, and ZAR, with the South African rand option helping local traders manage familiar currency exposure. Verification includes email confirmation and mobile phone checks via SMS codes sent to South African numbers. Two-factor authentication is available to secure accounts further.

Platform Selection and Account Types

We provide three main platforms for demo trading in South Africa, each catering to different trading styles and needs. MetaTrader 4 (MT4) is a widely-used platform offering 30+ technical indicators, expert advisors for algorithmic trading, and flexible chart setups. MT4 supports one-click orders, trailing stops, and multi-order management.

MetaTrader 5 (MT5) offers advanced features like additional time frames, integrated economic calendar, and depth of market views. It also supports trading stocks, indices, and cryptocurrency CFDs, which MT4 does not. MT5 contains 38 indicators and 44 graphical objects for comprehensive technical analysis.

Exness Terminal is a web-based platform requiring no installation. It integrates TradingView charts, portfolio monitoring, and instant deposits. The platform is fully accessible on mobile devices, providing seamless trading on the go.

Registration Process and Verification Steps

Start by visiting our official site and clicking “Open Account.” Select South Africa as your country and provide a valid email. Create a strong password with at least 8 characters, including uppercase, lowercase, and digits. Account credentials for the Personal Area are generated automatically.

Confirm your email by clicking on the verification link sent immediately after registration. For phone verification, enter your South African mobile number with the +27 code. You will receive a six-digit SMS code within one minute to complete the process. Both email and phone verification activate your demo account instantly.

We create default demo accounts for both MT4 and MT5 platforms with the full $10,000 virtual balance. Additional demo accounts can be opened anytime from the Personal Area. Document verification is optional but recommended for unrestricted platform access. Accepted documents include South African ID, passport, or driver’s license, plus proof of address like utility bills or bank statements dated within three months.

Trading Interface Navigation and Tools

Our platforms offer comprehensive tools for market analysis and trade execution. The Market Watch panel displays live prices, spreads, and daily changes for all instruments. Right-click symbols to open charts, trading orders, or detailed specifications.

Charting supports multiple timeframes from one minute to monthly. Add indicators via drag-and-drop from the Navigator or use the Insert menu. Common tools include Moving Averages, Relative Strength Index (RSI), MACD, and Bollinger Bands, all adjustable for custom analysis.

Order placement is done through the New Order window (shortcut F9). Select the instrument, volume, order type (market or pending), and set stop loss or take profit levels. Demo orders execute immediately at current market prices without slippage.

The Terminal tab displays account overview, trade history, and open positions. Monitor margin levels, equity, and floating profit or loss. Modify or close positions by double-clicking them in the trade tab.

• Real-time quotes from tier-1 liquidity providers
• Integrated economic calendar showing key events
• Sentiment and positioning data for market insight
• Advanced charting with over 100 technical studies
• Risk management calculators for trade sizing

Instrument Categories and Market Coverage

Our demo accounts feature access to more than 200 tradeable instruments across forex and CFDs. Forex includes 107 currency pairs with several ZAR crosses popular for South African traders. Major pairs like EUR/USD, GBP/USD, and USD/JPY offer competitive spreads. Exotic pairs such as USD/ZAR allow exposure to local currency movements.

We provide precious metals including gold, silver, platinum, and palladium against USD. Lot sizes range from micro to standard, accommodating different risk appetites. Gold (XAUUSD) is available with spreads starting at 0.13 pips during active trading hours in London.

Indices CFDs cover major global markets like the S&P 500, FTSE 100, DAX 30, and Nikkei 225. Contracts include cash and futures types with varying specifications. South African traders can trade the JSE Top 40 index for local equity exposure.

Cryptocurrency CFDs offer 24/7 trading on assets like Bitcoin, Ethereum, and Litecoin with retail leverage up to 1:2. Spreads adapt dynamically to volatility and liquidity conditions.

Risk Management Features and Position Controls

Our demo environment replicates live risk management tools, allowing South African traders to practice loss prevention and profit protection strategies. Stop loss orders automatically close positions at pre-set price levels to limit downside risk. Take profit orders lock in gains when target prices are reached.

Trailing stops dynamically adjust stop loss levels as price moves favorably. These tools are fully functional in demo mode, matching live account behavior without slippage simulation. Position sizing calculators assist in determining trade volume based on risk percentage and account balance.

We recommend risking no more than 2% of virtual equity per trade during practice. Margin monitoring is available in the Terminal window, showing free margin, margin level, and used margin. Margin calls trigger when equity falls below 60% of required margin.

Educational Resources and Market Analysis

We offer tailored educational content for South African demo account holders. Resources include video tutorials explaining platform features and trading principles. Weekly market analysis reports review currency trends, economic events, and technical setups affecting ZAR pairs.

Live webinars are held twice weekly with market analysts and platform specialists. Topics cover technical and fundamental analysis alongside platform navigation. The economic calendar highlights key South African and international events such as inflation data, interest rate decisions, and GDP reports.

Additional resources cover trading psychology, risk management, and behavioral finance to enhance trader discipline and performance. Written guides and video content are accessible via the Personal Area.

• Platform operation tutorials
• Technical pattern recognition
• Fundamental economic analysis
• Risk and money management strategies
• Psychology and trading discipline

Transitioning from Demo to Live Trading

After practicing on a demo account, South African traders can move to live accounts with confidence. We advise at least 30 days of consistent demo trading before funding a live account. Identity verification is mandatory for live accounts and is processed within 24 hours for South African residents.

Minimum deposits start at $10 for Standard accounts, payable via bank transfers, credit cards, and e-wallets. Local ZAR deposits are supported through select payment providers. Risk management is essential; begin live trading with smaller positions than on demo to control exposure.

Gradually increase trade sizes as skill and account balance grow. Maintain detailed records of live trades to monitor and adjust strategies. Our dedicated South African support team is available 24/5 to assist with account setup, deposits, and platform usage.

Technical Support and Account Management

Our South African clients receive continuous technical support for demo and live accounts. Live chat is accessible from the Personal Area and platforms, providing responses within two minutes during business hours. Email support handles complex issues with replies typically within four hours.

Phone assistance is available during local business hours in English and Afrikaans. Platform updates are automated, with notifications sent by email and on the platform interface. Demo accounts receive all updates simultaneously with live accounts to ensure feature parity.

Account management features include balance resets, creating additional demo accounts, and modifying platform settings. These options are available in the Personal Area or via support requests. FAQs and video tutorials cover common questions and platform functions, supporting efficient self-service.