cTrader
Lotas Capital
cTrader Trading Accounts
cTrader supports Demo and Live trading accounts. This section explains the process of opening new trading accounts, switching between the trading accounts as well as the different types of trading accounts. etc.
The demo account is a risk-free trading environment where you can practice trading and learn cTrader’s main functionalities and options. A demo trading account is automatically created for you when you sign up for your profile, and virtual funds for trading on the virtual market are automatically deposited to your account.
Note that you can not withdraw any funds from a Demo account.
If you need an account based on a different currency, you can easily create another Demo account.
1. Click click on the account bar found on 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 and the account leverage.
Finally, click Create Account.
When the account is created, you will be automatically logged into it and notified with the respective message on the the upper right corner (if notifications are enabled).
Live accounts allow trading on the real market with real money. To open a Live account you should contact your broker. Some brokers allow creating Live trading accounts with zero balance directly from cTrader.
Note that not all brokers allow creating Live trading accounts directly from cTrader, and even if they do, you may still need to contact them to top up your balance.
All trading accounts regardless of their type (Demo or Live) are automatically linked to your current cTrader ID profile.
To create a Live account, contact your personal Account Manager or Contact Us through our communication channels on our website.
You will proceed to the official broker site to complete all the required account details.
When the account is created you will be automatically logged into it and notified with the respective message on the upper right corner(if notifications are enabled).
cTrader supports the two industry-standard types of accounts (for both Demo and Live):
A hedging account allows traders to:
Example:
With this account type, when trading successively:
Eventually, you will have 3 open positions, which you can manage individually.
To change the type of a Live trading account, contact us through our communication channels.
A Demo account type cannot be changed. You can only open a new Demo account of the desired type.
