Demo Account EC Markets

Understanding EC Markets Demo Account Features

Our company offers demo accounts tailored for traders based in New Zealand. These accounts simulate live market conditions with precise real-time pricing from leading liquidity providers. Traders receive virtual capital from $10,000 up to $100,000 depending on their chosen account type. We provide access to MetaTrader 4, MetaTrader 5, and our proprietary web trader, all equipped with advanced charting and automated trading tools. Over 300 instruments, including forex pairs and CFDs, are accessible to practice diverse strategies.

Traders can reset their virtual balance anytime via the client portal. Spreads and execution speeds on demo match live accounts to provide authentic experience. The same servers process demo and live orders ensuring consistent performance. Our demo environment is designed to help New Zealand users develop trading skills without financial risk.

Opening Your Demo Account in New Zealand

Visit our official EC Markets website and select the “Start Trading” button prominently displayed on the homepage. The registration system automatically identifies your New Zealand location and applies local regulatory conditions. Enter your email, create a strong password, and confirm New Zealand as your residence. You will receive a verification code via email to activate your account. Complete verification within 15 minutes to avoid expiration.

Account Verification Requirements

To comply with FMA regulations, upload a clear New Zealand-issued ID such as a passport or driver’s licence. Also provide a recent utility bill or bank statement as proof of address. Documents must be dated within the last 90 days with legible details. Verification ensures account authenticity and security.

Once verified, you gain full demo account access for 30 days with options to extend. This process equips New Zealand traders with a secure environment to test strategies before live trading.

Platform Selection and Setup Process

After verification, select your preferred platform via the client dashboard. MetaTrader 4 offers comprehensive technical indicators, charting tools, and supports expert advisors for algorithmic trading. MetaTrader 5 enhances order types and timeframes with additional market depth features. Our web trader requires no installation and operates on modern browsers including Chrome, Firefox, Safari, and Edge.

Platform Configuration Steps

Download your chosen software or access the web trader directly. Installation files are digitally signed and virus-checked. Open the platform and input your demo server credentials received by email, including account number, password, and server address. The platform connects to New Zealand-based servers ensuring minimal latency.

Customize charts, indicators, and alerts to suit your trading style. Save these as templates to maintain consistent setups across sessions. Settings synchronize when logging in from multiple devices.

Available Trading Instruments and Market Access

Our demo accounts grant access to a broad selection of forex and CFD instruments. Major forex pairs such as NZD/USD, AUD/NZD, EUR/NZD, and GBP/NZD feature spreads from 0.1 pips on ECN accounts. We offer leverage up to 1:500 for major currencies, subject to regional regulations.

Commodity CFDs include gold, silver, crude oil, and natural gas with competitive spreads and flexible lot sizes. Index CFDs on NZ50, ASX200, S&P500, and FTSE100 provide exposure to global equity markets. Crypto CFDs cover Bitcoin, Ethereum, Litecoin, and Ripple paired with USD and EUR.

• Major forex pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD
• Minor pairs: EUR/GBP, AUD/JPY, GBP/JPY, EUR/AUD, NZD/JPY
• Exotic pairs: USD/ZAR, EUR/TRY, GBP/MXN, AUD/SGD, NZD/CAD

Trading hours align with New Zealand time (NZST), adjusting automatically for daylight saving. Market access runs 24 hours from Monday morning to Friday evening excluding weekends, except for cryptocurrency CFDs which trade continuously.

Risk Management Tools and Features

Our demo platform replicates live risk management functions to prepare traders for real markets. Users can set stop-loss and take-profit orders to automate trade exits at specific price points. Trailing stops adjust dynamically to lock in profits as markets move favorably. Position sizing calculators assist in determining trade volumes based on virtual capital and risk preferences.

Available order types include market, limit, stop, and pending orders. Partial position closures and post-entry modifications are supported. The platform displays margin usage and risk alerts before confirming orders.

Account Protection Mechanisms

Negative balance protection prevents demo accounts from dropping below zero, mirroring live account safety for New Zealand traders. Margin call notifications alert users when equity approaches required margin. Positions automatically close if margin falls below 50%, limiting simulated losses. Detailed trade logs facilitate performance review and strategy refinement.

Educational Resources and Trading Support

Access our trading education centre via the demo account dashboard for video tutorials, strategy articles, and market analysis reports updated weekly. Live webinars occur every Tuesday and Thursday at 19:00 NZST, covering platform features and market insights. These sessions include interactive Q&A opportunities.

The integrated economic calendar tracks key financial events with impact ratings and timestamps converted to New Zealand time. Important releases like RBNZ announcements, employment data, and GDP figures are highlighted.

• Beginner courses: Forex basics, platform navigation
• Intermediate lessons: Technical analysis, chart patterns
• Advanced modules: Risk management, portfolio optimization

Customer Support for Demo Users

Our New Zealand support team is available Monday to Friday from 08:00 to 18:00 NZST. Contact options include live chat, email, and phone. Demo users receive full access to these services with average response times of under 2 minutes on chat and 4 hours by email. Support staff includes certified advisors familiar with local regulations.

Transitioning from Demo to Live Trading

After thorough practice on the demo platform, submit full KYC documentation for live account approval. Verification typically completes within 24 hours for New Zealand residents. Funding options include bank transfers, credit cards, and e-wallets with minimum deposits starting at $200 NZD for standard accounts.

Deposits in NZD incur no currency conversion fees. Demo account data such as saved charts and settings automatically transfer to the live environment ensuring a seamless transition. We offer three account tiers: Standard, ECN, and Professional, each with distinct spreads and deposit requirements.

Live Account Benefits and Features

Live accounts offer priority support and dedicated managers for deposits over $5000 NZD. Clients receive daily market analysis, trading signals, and invitations to exclusive events. Competitive swap rates, commissions, and volume rebates are available for active traders. Loyalty programs reward frequent trading with cashback and reduced spreads.

Platform Security and Regulatory Compliance

EC Markets uses 256-bit SSL encryption to secure all platform data transmissions. Client funds are held separately in Tier-1 banks like ANZ and Westpac to ensure protection. Regular security audits and two-factor authentication protect accounts from unauthorized access.

We comply fully with New Zealand Financial Markets Authority (FMA) regulations under license FSP197465. Our registered office is Level 1, 1 Albert Street, Auckland 1010. Privacy policies align with GDPR standards, and client information confidentiality is strictly maintained.

The demo account environment replicates live trading with no risk, allowing New Zealand traders to develop skills confidently. We recommend extended demo usage before real money trading to build effective strategies with our platform’s advanced tools and educational resources.