Does anybody know how to create a demo account on mt4 with a specific amount?

Using 5 million in demo doesn’t make a lot of sense consideing you most likely aren’t planning on starting with that , so who knows if it’s possible to create a demo account with a specific amount or to reduce the money in your demo account

Go to tickmill.com then open a demo account, you should be able to choose what your demo deposit is. You can try other brokers as well.

@obieze you can ask the forex broker to set the amount on your demo account. Just contact their support.

Very helpful, thank you!

When you start opening account you can choose which account balance you want to have on demo account.

There is a step in process where you have it free to change that value.

The best is to follow these instructions:

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After opening my demo account with 25k I just place trades to purposefully lose money until I get to the figure I desire.

You should be able to create a new MT4 account via your broker. Usually they ask you to specify the amount before you set it up.

  1. Fill in a registration form.
  2. Receive a demo account number and a trader’s password.
  3. Download MetaTrader4 and sign up there.
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