Exness MT5 Demo

● Step 1

● Step 2

Make
a deposit

● Step 3

Start
trading

Forex

ForexTrade the world’s most popular currency pairs with low and stable spreads.

Oil

Take on UKOIL and USOIL, without paying swaps.

Metals

Enjoy the best spreads on gold and other safe-haven metals, even during news events.

Indices

Trade the world’s top indices anytime, anywhere.

Crypto

Cryptocurrency markets operate 24/7, featuring popular pairs like BTC/USD, ETH/USD.

Setting Up an Exness MT5 Demo Account in Pakistan

Pakistani traders can create Exness MT5 demo accounts to practice trading without financial risk. Registration requires only basic information and takes approximately 3 minutes to complete. No identity verification is needed for demo accounts, making them immediately accessible. After registration, traders gain access to the Personal Area where they can create multiple demo accounts with various parameters. Demo accounts remain active indefinitely and can be reset whenever needed.

Feature	Details for Pakistani Traders
Registration Time	3 minutes
Required Documents	None for demo accounts
Virtual Balance	$10 – $10,000 (PKR equivalent)
Account Lifespan	Unlimited (no expiration)
Available Instruments	100+ currency pairs, indices, commodities

Step-by-Step MT5 Demo Account Creation Process

To create an Exness MT5 demo account, visit the official Exness website. Click “Open Demo Account” on the homepage. Enter a valid email address and create a password. Select Pakistan as the country of residence and verify the email through the link sent to the provided address. Once verified, log into the Personal Area using the new credentials. Navigate to the “Accounts” section in the left sidebar. Click “Open New Account” and select MT5 as the platform. Choose the account type from available options (Standard, Zero, or Raw Spread). Set parameters including leverage (1:1 to 1:2000), initial balance ($10-$10,000), and base currency. After configuring desired settings, click “Create Account.” The system generates account credentials instantly. Login details appear on screen and are sent to the registered email.

Downloading and Installing MT5 in Pakistan

After creating a demo account, download and install the MT5 platform. In the Personal Area, navigate to the “Platforms” section and select MT5. Choose the appropriate version for your device (Windows, Mac, or mobile). Run the installation file and follow the on-screen instructions:

Accept the license agreement
Select the installation location
Choose components to install
Create desktop shortcuts
Complete the installation process

After installation, launch MT5 and enter the demo account login credentials on the initial screen.

Navigating the MT5 Interface for Pakistani Traders

The MT5 interface consists of several key components. The Market Watch window displays available trading instruments with current bid/ask prices. The Charts area occupies the central part of the screen and displays price movements. The Navigator window provides access to accounts, indicators, expert advisors, and scripts. The Terminal window shows account information, trade history, and open positions.

Low & transparent costs

Choose better-than-market conditions that will lower your costs.

No commissions

Don’t pay for swaps on our Pro and Standard accounts.

24/7 live support

Professional multilingual support is ready to reply around the clock.

Creating and Customizing MT5 Charts for Analysis

To open a new chart, right-click on an instrument in Market Watch and select “Chart Window.” Pakistani traders can change timeframes by clicking the timeframe selector in the toolbar or using keyboard shortcuts. Chart types can be changed by clicking the corresponding buttons in the toolbar. Options include bar chart, candlestick chart, and line chart. Right-click on the chart and select “Properties” to customize colors, fonts, and other visual elements according to personal preference.

Using Drawing Tools for Technical Analysis

MT5 provides numerous drawing tools for technical analysis. Access these through the “Insert” menu or by clicking icons in the toolbar. After placing drawing objects on charts, right-click them to access properties. Adjust color, style, and width to improve visibility. To save chart templates, click “Charts” in the top menu, then “Template” and “Save Template.” Apply saved templates to other charts by right-clicking and selecting “Template.”

Placing Trades on the Exness MT5 Demo Platform

To execute a trade on MT5 demo, right-click on the chart and select “Trading” then “New Order.” Alternatively, press F9 to open the order window for the current instrument. In the order window, select order type (Market or Pending). For market orders, specify the volume in lots and optional stop loss/take profit levels. Pakistani beginners should start with small volumes (0.01 lots) during practice. Click “Sell by Market” or “Buy by Market” to execute the trade instantly at current market prices. For pending orders, select the appropriate type (Buy Limit, Sell Limit, Buy Stop, Sell Stop). Specify the activation price at which the order should trigger. Set volume, stop loss, and take profit levels as desired.

Order Type	Function	Typical Usage by Pakistani Traders
Market Order	Immediate execution	Day trading during active hours
Buy Limit	Buy below current price	Buying at support levels
Sell Limit	Sell above current price	Selling at resistance levels
Buy Stop	Buy above current price	Breakout trading
Sell Stop	Sell below current price	Breakdown trading

Managing Open Positions and Orders

After executing trades, all active positions appear in the Terminal window under the “Trade” tab. To modify an existing position, right-click it in the Terminal and select “Modify or Delete.” This opens a window where stop loss and take profit levels can be adjusted. Trailing stops can be set by right-clicking a position and selecting “Trailing Stop,” then choosing the desired pip distance.

Testing Trading Strategies on MT5 Demo

The MT5 demo environment allows Pakistani traders to test strategies risk-free. Multi-timeframe analysis combines signals from different timeframes to generate more reliable trading decisions. Correlation trading examines relationships between different instruments. Pakistani traders should develop and test various trading approaches:

Trend following strategies
Range trading methods
Breakout strategies
Scalping techniques

Each approach requires different indicators, timeframes, and risk management parameters that can be safely tested in the demo environment.

Automated Trading with MT5 Expert Advisors

MT5 supports automated trading through Expert Advisors (EAs). To implement an EA, locate it in the Navigator window under “Expert Advisors” and drag it onto the desired chart. Configure parameters in the popup window according to trading preferences. The platform must remain running for EAs to execute trades. Pakistani traders concerned about power outages can consider Exness VPS services, which maintain EA operation regardless of local electricity issues.

Risk Management Features in MT5 Demo

MT5 includes several risk management tools Pakistani traders should master. The platform calculates margin requirements automatically based on leverage and position size. Monitor margin level in the Terminal window—values below 100% trigger margin calls. Position sizing calculators help determine appropriate lot sizes based on risk tolerance. The “Account Information” widget displays crucial risk metrics including balance, equity, margin, free margin, and margin level.

Troubleshooting Common MT5 Issues

Pakistani traders occasionally encounter technical problems with MT5. Connection issues frequently stem from internet instability or firewall restrictions. Missing price data manifests as gaps in charts or “invalid price” errors. Platform crashes may occur due to system resource limitations.

Common troubleshooting steps include:

Restarting the platform
Updating to the latest version
Reinstalling the platform
Checking internet connection
Contacting Exness support

Common Issue	Solution for Pakistani Traders
Connection Problems	Check connection, configure firewall exceptions
Missing Price Data	Refresh charts (F5) or restart platform
Platform Crashes	Close unnecessary applications, reduce charts
Login Difficulties	Verify account details, select correct server
Indicator Errors	Update indicators or use built-in alternatives

Converting from Demo to Real Trading

When ready to transition to live trading, Pakistani traders can convert their experience to a real account. Begin by verifying consistent profitability on the demo platform over a significant period (minimum three consecutive months).

Access the Exness Personal Area and select “Open Real Account.” Complete verification by submitting required documentation. After verification approval, deposit funds through available methods including bank transfers, electronic payment systems, and cryptocurrency options.

Start with conservative position sizes when transitioning to real trading, typically 50% smaller than those used in demo accounts.