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How to Use the Trade245 Demo Account

At Trade245, we know that confidence comes from experience.

That’s why we offer a demo account that lets you practice trading with zero financial risk.

Whether you’re brand new to forex or just want to test a new strategy, our demo account is the perfect place to start.

What is the Trade245 Demo Account?

The demo account is a simulation of our live trading environment.

It gives you access to real market prices, charts, and tools—without using any real money.

You’ll be able to trade currency pairs, indices, commodities, and more, just as you would on a live account.

ALSO READ: Demo vs. Live Accounts on Trade245: Which One Is Right for You?

How to Open a Demo Account

Opening a demo account is quick and easy:

  1. Visit my.trade245.com
  2. Sign up for a free Trade245 profile (if you don’t already have one)
  3. Head to Trading Accounts
  4. Select Open a New Trading Account
  5. Choose Demo, then select your preferred platform (MT4 or MT5)
  6. Choose your base currency and leverage
  7. Set your virtual deposit amount
  8. Submit the request and get started!

Why Use a Demo Account?

  • Risk-Free Learning – No real money involved, so mistakes won’t cost you.
  • Explore Our Platforms – Get familiar with MetaTrader 4 and MetaTrader 5.
  • Test Strategies – Try out new trading setups before applying them live.
  • Get Comfortable – Understand spreads, leverage, chart tools, and more—without pressure.

Important to Know

Even though the demo account reflects real market conditions, it’s still a simulation.

There may be differences in order execution, slippage, and emotions when you move to a real account.

But for building confidence, it’s a solid first step.

READ MORE: How to Deposit Funds into Your Trade245 Account

Ready to Go Live?

Once you’re comfortable with your demo account, switching to a live account is simple.

Just open a new trading account from your dashboard, make a deposit using one of our many local payment methods (like Ozow, Capitec Pay, or crypto), and start trading with real funds.

Get started today—no risk, just learning.

If you need help setting up your demo account or have any questions, feel free to contact our support team.

We’re always happy to help.

ALSO READ: Trade245 Minimum Deposit – How Much Do You Need to Start?

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www.trade245.com is a website maintained and operated by Trade245 (Pty) Ltd with registration number 2020/539/887. Registered and physical address: Wetton Works, 14 Mercury Crescent, Wetton, Cape Town, 7780; South Africa

Trade245 (Pty) Ltd does not provide services for the residents of certain countries, such as the United States of America, Canada, Israel and the Islamic Republic of Iran.

Risk Warning: Trading on margin involves a high level of risk, including full loss of your trading funds. Before proceeding to trade, you must understand all risks involved and acknowledge your trading limits, bearing in mind the level of awareness in the financial markets, trading experience, economic capabilities and other aspects.

Red Pine Capital (PTY) LTD, Johannesburg, South Africa, with company number 2014/220311/07 an authorized financial services provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No. 46044.

Red Pine Capital (Pty) Ltd acts as intermediary between the investor and MarketFinancials Limited, the counterparty to the contract for difference purchased by the Investor via Trade245, authorised and regulated by the Financial Services Authority of Seychelles with Security Dealer License no. SD006.

Financial Intermediary: M&N Equity Research Ltd Kyrillou Loukareos, 70, KAKOS PREMIER TOWER, 2nd floor, 4156, Limassol, Cyprus.

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