Demo Account Opening
The MetaTrader 5 app for iPhone supports two types of accounts: demonstration (demo) and real.
Demo accounts provide the opportunity to work in a training mode without real money, allowing to test a trading strategy. They have the same functionality as the real ones. The difference is that demo accounts can be opened without any investment and, therefore, one cannot expect to profit from them.
To open a demo account, tap on the account management page. Next, select the server (brokerage company) on which you wish to open a demo account.
By default, the list does not display all available servers. To find the desired broker server, start typing its name into the search bar.
Tap on the desired server line and then tap "Demo account".
Specify the following account parameters here:
To open an account, tap the "Register" button at the top of the window.
Completion of Account Registration
After some time a new demo account will be allocated to you. Its parameters will be displayed as shown above.
Using the "Copy to clipboard" button, you can copy the parameters of the opened account to clipboard in order to save them in any other application.
To complete the account opening procedure and to connect to the newly created account, tap "Start" at the bottom of the screen.