How do I create an MT5 demo account?

Register for a demo account through your Skyriss client portal, then enter the credentials you receive into MetaTrader 5. Setup takes about five minutes and there is no deposit involved.

There is a second route, which is opening a demo from inside the MT5 platform itself, and it is the one that causes most of the support tickets we see. The difference matters, so it is worth understanding before you start.

 

Register through Skyriss, not through the platform

MetaTrader 5 is software built by MetaQuotes. Skyriss is the broker whose server that software connects to. When you open a demo from inside the platform without selecting a broker server, you are usually placed on a generic MetaQuotes demo server.

That distinction has practical consequences:

• Spreads and swaps. A Skyriss demo runs on our live conditions. A generic demo runs on pricing that has nothing to do with ours.

• Instrument list. A Skyriss demo carries the symbols we actually offer, under the names we use for them. A generic demo carries a different set entirely.

• Execution behaviour. A Skyriss demo mirrors our live server. A generic demo is unrelated to it.

• Support. We can see a Skyriss demo account and help you with it. A generic account is invisible to us.

If you plan to trade with Skyriss later, register through us. Practice on a generic server teaches you the platform but not the conditions you will actually trade under.

 

Step one: register your demo account

1. Go to skyriss.com and select the demo account option.

2. Enter your name, email address and phone number. Full identity verification is not required for a demo, since no real money is involved.

3. Choose your account settings. These are covered in the next section.

4. Submit the form. Your credentials arrive by email, usually within a few minutes.

Check your spam folder if nothing arrives. Platform credential emails are filtered more often than most.

 

Step two: choose your account settings

Four choices are made at registration, and they decide how useful the practice actually is.

Virtual balance. Options range from [X] to [X]. Pick the amount you realistically expect to fund a live account with. A demo funded with 100,000 USD when you plan to start with 1,000 USD builds position sizing habits that will not survive contact with your real balance.

Leverage. Set this to the leverage you expect to trade at rather than the maximum available. Leverage changes how quickly a losing position consumes your margin, so a mismatch here makes the demo misleading in the one area that matters most.

Account currency. Choose the currency you will deposit in. This affects how profit, loss and margin are displayed.

Account type. Skyriss demo accounts run in [hedging / netting] mode, matching our live accounts. Hedging allows several positions in the same symbol at once. Netting consolidates them into one. If you are moving across from MT4, hedging is the behaviour you are already used to.

 

Step three: log in to MetaTrader 5

Your email contains four pieces of information. All four are needed.

• Login. Your account number.

• Password. The master password, giving you full trading access.

• Investor password. Read only access, useful for sharing results without handing over control.

• Server. [Skyriss-Demo], selected from the server list inside the platform.

Desktop. Download MetaTrader 5 for Windows or Mac, open it, then go to File and select Login to Trade Account. Search for the Skyriss server, enter your login and password, and connect.

Mobile. Install MetaTrader 5 from the App Store or Google Play. Open the app, go to Settings, tap New Account, then choose to log in to an existing account. Search for the Skyriss server and enter your credentials.

Web. The MT5 web terminal runs in a browser with no download required. This is the fastest option if you are on a work machine or a device where you cannot install software.

You are connected when the market watch panel shows live prices and the connection status in the lower right corner shows a data rate rather than "No connection".

 

Common setup problems

"Invalid account" on login. Almost always the wrong server. Demo and live sit on separate servers, and selecting the live one with demo credentials returns this error.

No prices moving. Check the market status before assuming a fault. Forex markets close over the weekend, and equity and index CFDs follow their exchange hours.

Symbols missing from Market Watch. Right click inside the Market Watch panel and select Symbols, then add the instruments you want. MT5 hides most of the symbol list by default.

Account stopped working after a break. Demo accounts expire after [X days] of inactivity. Register a new one, which takes the same five minutes.

 

What a demo account will not teach you

Demo trading reproduces the mechanics accurately. Two things it cannot reproduce:

Execution under stress. Demo fills are close to ideal. Live markets produce slippage during news events and at the open, so entries and stops will not always fill at the price you expect.

Your own behaviour. This is the larger gap. Risk decisions made with virtual money are not the decisions you make when the balance is real. Traders who hold a losing position on demo out of curiosity will often close it too early on a live account, or refuse to close it at all.

Use the demo to learn the platform, test a strategy and build a routine. Treat the transition to live as a separate skill.

 

Frequently asked questions

Is a demo account free?

Yes. There is no cost, no deposit and no obligation to open a live account.

Can I have a demo and a live account at the same time?

Yes, and it is common. MT5 lets you switch between accounts from the same platform installation.

Do I need to verify my identity for a demo?

No. Verification applies when you open a live account.

Can I reset my demo balance?

Balances cannot be reset on an existing account. Register a new demo instead.

How long can I use it?

As long as you stay active. Accounts expire after [X days] without a login.

Can I run automated strategies on demo?

Yes. Expert Advisors, indicators and scripts all run on demo accounts, which is the correct place to test them.

 

Need help?

Contact the Skyriss support team through the client portal or at [email protected]. Include your demo login number so we can see the account.

Ready to practise? Open your demo account at skyriss.com/get-started.