Trading accounts¶

Open a trading account¶

Live¶

Live accounts allow you to trade on the real market with real funds. To open a live account, pick a featured broker and follow the registration steps.

Demo¶

A demo account provides a risk-free trading environment where you can practice trading and learn cTrader's main functionalities and options. A hedging demo trading account is created for you, and virtual funds are deposited into this account. If you need an account based on a different currency, you can easily create another demo account.

To create a demo account:

1. Click the Account bar in the upper-right corner and select Create new trading account from the dropdown.

2. In the Demo account form, specify the deposit amount, account currency, account leverage and the account type (hedging or netting). Check the Shariah-compliant box if you would like to create a swap-free account.

When done, click Create account.

When the account is created, you will be automatically logged in to it and notified with a message in the upper-right corner (if notifications are enabled).

Switch accounts¶

You can easily switch between your trading accounts synchronised with your cTrader ID. To switch between the accounts, click your Account bar in the upper-right and select the desired account from the dropdown.

The trading account will be switched, and the cTrader application will load all the current settings and charts of the trading account you have selected.

Hide accounts¶

You can hide the trading accounts that you are not using from the accounts list.

The accounts will remain active but will not be visible in the accounts list. You can unhide them at any time. To do so, hover over the desired account and click the Hide icon next to it.

To unhide accounts, proceed to the Hidden accounts list, hover over the desired account, and click the Unhide icon.

Types of trading accounts¶

cTrader supports the two industry-standard types of accounts (for both demo and live):

1. Hedging
2. Netting

Hedging account¶

A hedging account allows traders to:

• Have both long and short (buy and sell) positions open for the same symbol at the same time.
• Have multiple positions of the same type (either buy or sell) open for the same symbol at the same time.

Netting account¶

A netting account allows traders to:

• Have only one open position for the same symbol at the same time.
• Successive orders of opposite directions for the same symbol (buy or sell) will offset each other according to the traded amount.

Change account type¶

To change the type of a live trading account, contact your broker.

A demo account cannot be changed. You can only open a new demo account instead.

Special options¶

Shariah-compliant (swap-free) account¶

A Shariah-compliant account meets all the requirements of Shariah law and the principles of Islamic finance. For such accounts, your broker charges only an administrative fee instead of swap fees.

To make your demo account compliant with the financial traditions of Islam, when creating a new demo account, check the Shariah-compliant (swap-free) box in the demo Account menu.

Contact your broker, and request a Shariah-compliant live account if your cTrader version does not allow for creating new live accounts.

AMF compliant (French-risk) account¶

An AMF compliant (French-risk) account has the following unique behavior:

• Guaranteed stop loss is always required when opening a position.
• Guaranteed stop loss cannot be removed when the position is open.
• Quick Trade is not available.
• The trade side of the GSL cannot be changed.
• Some symbols might be disabled by the broker for AMF compliant accounts.
• To create an AMF compliant trading account, please contact your broker.