Everything should be made as simple as possible, but not simpler.
Registration with TradeRoom and trading account opening
TradeRoom allows for two types of the trading accounts to trade in Forex:
There are no account restrictions: opening and maintenance of any account are free regardless of their quantity. The period of the account use is not limited. Account opening in TradeRoom does not bind you as for the depositing time and volume. You decide on all this freely on your own.
A virtual (demo) account is used for a detailed study of the trading system and the trading process, profit-making simulation at a currency rates movement, trading strategies verification, training the online-trading skills. The virtual (demo) account is not trade-limited, neither it is limited in the funds on the account, nor in the currencies in use. There is no real money on the account.
To trade on-line with the real money a real trading account is used.
Trading on virtual accounts has two basic differences from that on real ones:
As for the rest, the virtual account does not differ from the real one: the trading conditions as well as facilities are the same for both accounts; the quotes delivered to the accounts of both types are from the same trading quotes server. So, you'd rather study the TradeRoom basic features on the virtual account.
To register a new virtual (demo) account it is necessary to click on "Virtual (demo) account" on the TradeRoom logon page.
Opening a trading account is a standard sequence of steps for entering contact data, so if you know already how an account with TradeRoom is opened, you can go directly to getting acquainted with the system.
Let's have a look at the virtual account registration for individuals. It consists of following steps.
Should you forget your username or your password to access your virtual account, you can easily recover them since TradeRoom has the reminder procedure. The forgotten password to the virtual account can be easily recovered since no real money is involved on it, so you have nothing to lose.
You just click on the "Remind username or password" hyperlink on the TradeRoom logon page. Then you will be redirected to the page with two field groups. The first group (see the pic. below) is meant for cases when you need to recover the password only. The second one serves to recover both, the password and the username.
Fill in the fields depending on what data you need to recover. If the information you have entered coincides with that specified at the Forex account registration, the required data will be automatically sent to the e-mail address specified at the registration.