The demo account lives beside the real one — know which is open (Philippines)
On a phone, practice and money are separated by a label and a tap. That is convenient and it is also the sharpest edge in the whole app, because every screen after the switch looks exactly the same either way.
A demo account is a full account running on virtual money: the same quotes, the same order screen, the same position rows, with an email and a password, no documents and no time limit. In the app it sits in the account list next to any real account you have, and switching is one selection. What changes when you switch is only where the consequences land — the screens, the fields and the arithmetic are identical, which is the point of practising and also the reason to check the label before every session.
What the switch changes, and what it does not
| On screen | On demo | On real |
|---|---|---|
| The order fields | Identical | Identical |
| The spread taken at the open | Applied | Applied |
| Overnight adjustment on a held trade | Applied | Applied |
| Where a loss lands | On a virtual balance | On your money |
| Documents needed | None | Verification before real trading |
| What a wrong tap costs | A note in your practice file | An amount |
The two-second habit
Three checks, done in the order below, every time the app is opened. Together they take about as long as unlocking the phone did.
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Read the account line, not the balance
A balance figure proves nothing — a demo can hold any amount, and a real account can hold a small one. The label beside the account is the only thing that answers the question.
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Say which one is open, out loud or in your head
Naming it converts a glance into a decision. This is the check that survives being tired, being in a queue, and being interrupted halfway through.
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Re-check after any interruption
A call, a notification, a switch to another app: on a phone the session you return to is not always the session you left. Look at the label again before the next tap.
What a demo trains honestly, and where it flatters you
Trained honestly: the mechanics. Where each screen lives, which field does what, how an order is placed and closed, what a spread does to a fresh position, how an overnight adjustment appears. After a fortnight of practice these stop needing thought, and that is exactly what a small screen needs from you.
Flattered: the nerve. A virtual balance falling produces a shrug; the same figures on real money produce something else entirely, and no practice account can rehearse that. So use the demo for the parts it teaches faithfully, and treat the calm you feel on it as unproven rather than as a result. The size discipline on the safety page exists because that gap is real.
Four ways demo practice gets wasted on a phone
- Trading a size you would never use. A huge virtual balance teaches habits that do not transfer to a real one.
- Not writing anything down. Ten minutes in a queue leaves no memory at all a week later; one line per session does.
- Restarting after every bad run. A fresh virtual balance erases the part worth learning from.
- Never leaving a trade open overnight. The overnight adjustment is one of the few costs that only appears when you wait for it.
Questions about the two accounts
How do I tell which account is open?
By the label on the account line, never by the balance. That is the only reliable indicator on a small screen.
Does a demo account cost anything?
No. Virtual balance, an email and a password, no documents, no time limit.
Can both accounts exist at once?
Yes — that is the normal arrangement, and it is why the check before each session matters.
Is the demo a simplified version of the app?
No. Same screens, same fields, same spread and overnight adjustment. Only the consequence is virtual.
How long should practice last?
Until the mechanics are boring — until you can find a screen without looking for it. That is weeks for most people, and nothing expires while it takes.
Should the virtual balance match the money I plan to use?
It should be close. Practising with a balance far bigger than your intended one rehearses sizes you will never place.
Do I need documents for a demo?
No. Verification — the identity check Exness runs before real trading — belongs to the real side only.
Can I switch back to demo after going real?
The accounts sit side by side; moving between them is a selection, not a decision you make once.
What is worth recording during practice?
Date, instrument, size, where the exit sat, what surprised you. Four fields in a phone note, one line per session.
What happens the first time real money is used?
Mechanically, nothing new. Everything unfamiliar will be about attention — which is why the order-screen page is worth re-reading that day.
What to practise, in order
Start with the account that cannot cost anything
A demo runs the full app on virtual money: an email, a password, no documents, no time limit. The button opens the official exness.com sign-up through a partner link.
Open a free demo at Exness