Understanding JustMarkets Demo Account Features
Our company offers South African traders a fully functional demo account that replicates live market conditions. The demo account uses virtual funds, enabling risk-free practice of trading strategies. Each demo account comes preloaded with R500,000 in virtual capital. We provide real-time market data, identical spreads to live accounts, and full platform access. Prices update every millisecond to mimic actual market movements accurately.
Supported platforms include MetaTrader 4 and MetaTrader 5, with access to over 300 trading instruments. The demo account allows the use of all order types such as market orders, pending orders, stop loss, and take profit orders. Demo accounts remain active unless inactive for 30 days, after which they close automatically.
| Feature | Demo Account | Live Account |
|---|---|---|
| Virtual Capital | R500,000 | Real funds |
| Platform Access | MT4/MT5 | MT4/MT5 |
| Trading Instruments | 300+ | 300+ |
| Market Data | Real-time | Real-time |
| Order Types | All types | All types |
Registration Process for Demo Account Access
Opening a JustMarkets demo account requires only basic personal details and takes approximately three minutes. Visit our registration page and select the demo account option. You need to provide your email, password, and select South Africa as your country. The form also asks for your full name and phone number.
Once submitted, the system generates your demo credentials instantly and sends them via email within two minutes. This allows immediate access to the trading platforms. Verification is done through an activation link in the email to confirm your registration.
Required Information for Demo Registration
Fill in your full name as shown on your official ID document. Select South Africa to ensure access to localised features and support. Choose a strong password with at least eight characters, including uppercase letters, numbers, and symbols. While phone verification is optional for demo accounts, it is advised for easier account recovery.
Email Verification Steps
After registration, locate the verification email sent from noreply@justmarkets.com. Click the activation link within 24 hours to activate your demo account. If you do not find the email in your inbox, check your spam or junk folders. For assistance, contact our South African support line at +27 11 568 2621.
Platform Selection and Download Requirements
JustMarkets supports MetaTrader 4 and MetaTrader 5, catering to different user preferences. MT4 offers reliability and extensive expert advisor compatibility. MT5 provides enhanced charting tools, additional timeframes, and more asset classes. Both platforms are compatible with Windows, macOS, iOS, and Android.
Desktop requirements include Windows 7 or newer, 1GB RAM minimum, and a stable internet connection with at least 1Mbps download speed. Mobile apps require iOS 9.0+ or Android 5.0+ with 100MB free storage. Our web trader version requires no installation and works on modern browsers such as Chrome, Firefox, Safari, and Edge.
MetaTrader 4 Installation Process
Download MT4 from your personal dashboard after demo registration. Run the installer with admin rights on Windows. The installation takes about two minutes and requires 50MB of disk space. Launch MT4 and enter your demo login credentials. Connection settings configure automatically for South African users. Enable automatic updates for seamless feature upgrades.
Mobile Application Setup
Download the JustMarkets app from Google Play or Apple App Store using links in your welcome email. Select “Demo Account” upon first launch and enter your demo credentials. Enable push notifications to receive alerts on market changes and order executions. Use biometric login options for secure and quick access. The app syncs your data with desktop platforms automatically.
Demo Account Trading Instruments and Market Access
Our demo account offers full access to over 300 instruments, including forex pairs, CFDs on indices, commodities, stocks, and cryptocurrencies. Forex coverage includes 50+ major, minor, and exotic pairs with spreads starting from 0.1 pips. Commodity options cover metals like gold and silver, energy products such as crude oil, and agricultural commodities.
Stock CFDs include over 100 global shares from exchanges including the Johannesburg Stock Exchange (JSE), NYSE, NASDAQ, and London Stock Exchange (LSE). Index CFDs feature prominent indices like the S&P 500, FTSE 100, DAX 30, and South Africa’s Top 40. Cryptocurrency CFDs encompass Bitcoin, Ethereum, Litecoin, and more.
- Major forex pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF, NZD/USD
- Minor pairs: EUR/GBP, EUR/AUD, GBP/JPY, AUD/JPY, EUR/JPY, GBP/AUD, EUR/CAD
- Exotic pairs: USD/ZAR, EUR/ZAR, GBP/ZAR, USD/TRY, EUR/TRY, USD/MXN, EUR/PLN
- Precious metals: Gold, Silver, Platinum, Palladium
- Energy commodities: Crude Oil, Brent Oil, Natural Gas
Forex markets operate 24 hours a day, five days a week, following global session times. Commodity and stock CFD trading hours align with their respective underlying exchanges, including extended hours where applicable.
| Instrument Category | Available Assets | Leverage | Minimum Spread |
|---|---|---|---|
| Major Forex Pairs | 7 pairs | 1:500 | 0.1 pips |
| Minor Forex Pairs | 15 pairs | 1:500 | 0.5 pips |
| Exotic Pairs | 25+ pairs | 1:200 | 1.0 pips |
| Commodities | 12 assets | 1:100 | 0.3 points |
| Stock CFDs | 100+ shares | 1:20 | 0.02% |
| Cryptocurrency | 18 assets | 1:10 | 0.5% |
Risk Management Tools and Order Types
The demo account includes multiple risk management features essential for effective trading. Stop loss orders close positions automatically to limit losses when prices move unfavourably. Take profit orders secure profits by closing trades once target prices are reached. Trailing stops adjust dynamically with favourable price movements, locking in gains while allowing further upside potential.
Guaranteed stop loss orders are available for major forex pairs, ensuring execution at exact stop levels regardless of price gaps or volatility. These safeguards help you simulate real risk controls within the demo environment.
Order Execution Methods
Market orders execute immediately at current prices for instant trade entry or exit. Pending orders activate when specified price levels are reached, including buy stop, sell stop, buy limit, and sell limit. Partial fills occur when order volumes exceed available liquidity, with remaining volumes filled at subsequent prices. Expiration settings for pending orders prevent unintended executions after specified time frames.
Position Sizing and Leverage Management
Our platform features a built-in risk calculator to assist in determining optimal position sizes. Input account balance, risk percentage per trade, stop loss distance, and instrument details for precise calculations. Recommended risk levels range between 1-3% per trade to ensure capital preservation.
Leverage amplifies both profits and losses. Demo accounts allow up to 1:500 leverage on major currency pairs, 1:200 on exotic pairs, and 1:100 on commodities. Practise varying leverage settings to understand their impact on your account equity before live trading.
Technical Analysis Tools and Charting Features
JustMarkets provides advanced charting and analysis features within MetaTrader platforms. Over 30 built-in indicators cover trend, momentum, volume, and volatility measurements. You can customise these indicators or add third-party tools for enhanced analysis.
Chart timeframes range from 1-minute up to monthly, supporting multi-timeframe strategies. Drawing tools include trend lines, support and resistance levels, Fibonacci retracements, and geometric shapes for pattern recognition.
Built-in Indicator Categories
Trend indicators include Moving Averages (Simple, Exponential, Weighted), MACD, Parabolic SAR, and Average Directional Index. Oscillators such as RSI, Stochastic, Williams %R, and Commodity Channel Index help identify momentum shifts. Volume indicators like On Balance Volume and Volume Rate of Change provide insight into market participation.
Volatility tools such as Bollinger Bands, Average True Range, and Standard Deviation assist in assessing price fluctuations and position sizing.
Custom Indicator Installation
Download custom indicators from the MQL4/MQL5 marketplace or develop your own using MetaQuotes Language. Installation involves copying indicator files to the platform’s “Indicators” directory followed by restarting the application. Custom indicators appear under the “Custom Indicators” section in the Navigator window.
Expert Advisors automate trading strategies based on programmed rules. Use the built-in strategy tester to backtest EAs using up to 10 years of historical data for major currency pairs.
Demo Account Limitations and Renewal Process
While the demo account replicates live trading, it includes specific restrictions to maintain system integrity. Account equity resets to R500,000 if it falls below R50,000 to prevent total depletion. Individual trade position sizes max out at 100 standard lots. You may hold up to 200 open positions simultaneously and place a maximum of 200 pending orders.
Expert Advisors are limited to 10 running simultaneously, and up to 50 custom indicators can be installed per platform instance. Demo accounts expire after 30 days of non-activity but can be renewed instantly via your personal dashboard.
| Limitation | Demo Account |
|---|---|
| Maximum Virtual Balance | R500,000 |
| Minimum Equity Reset | R50,000 |
| Max Position Size | 100 standard lots |
| Max Open Positions | 200 |
| Max Pending Orders | 200 |
| EA Limit | 10 simultaneous |
| Custom Indicator Limit | 50 per platform |
| Inactivity Expiry | 30 days |
Account Renewal and Extension
Expired demo accounts can be reactivated by logging into your personal area and selecting “Reactivate Demo Account.” The process takes less than a minute and resets your virtual balance to R500,000. Verified users engaged in educational programs may request extended demo access by contacting South African support.
Transitioning from Demo to Live Trading
Moving from demo to live trading requires account verification and funding. Upload government-issued ID and proof of residence documents through your personal area. Verification usually completes within 24 hours on business days. Minimum deposits start at $10 (approximately R180) for Cent accounts and $100 (about R1,800) for Standard accounts.
We accept deposits via bank transfers from major South African banks, credit cards, e-wallets, and cryptocurrencies. Rand deposits are supported through local banking partners. Live accounts provide real market execution, withdrawal options, and access to extended instrument lists.
| Account Type | Minimum Deposit | Maximum Leverage | Spread From |
|---|---|---|---|
| Cent Account | $10 (R180) | 1:3000 | 1.1 pips |
| Standard Account | $100 (R1,800) | 1:500 | 0.7 pips |
| Pro Account | $500 (R9,000) | 1:500 | 0.4 pips |
| Raw Spread | $1,000 (R18,000) | 1:500 | 0.0 pips |
Deposit Methods and Processing Times
Bank transfers from South African banks clear within 1-3 business days with no fees. Credit card deposits (Visa, MasterCard) process instantly but incur a 2.5% fee. E-wallets such as Skrill, Neteller, and Perfect Money offer immediate processing with minimal fees. Cryptocurrency deposits in Bitcoin, Ethereum, and Tether confirm within an hour after blockchain validation.
Account Verification Requirements
Submit clear, colour scans of your ID and proof of address documents through the secure portal. Address proofs must be dated within the last 90 days. Additional verification may be required for large transactions, including source of funds documents. Our compliance team ensures all requirements meet South African financial regulations.