Written down, then re-read

The demo account: a practice note that costs nothing — Ethiopia

A demo account costs nothing, runs on virtual money and has no time limit. The same is true of the note you write beside a practice trade: free to make, and free to be wrong. This page is about what that note holds, and how much of it still reads weeks later.

A demo account is a practice account that costs nothing: virtual money instead of real cash, opened with an email and a password. What you write beside a trade is free in the same way, and it is the only part of the session not already on the screen.

Two of the three lines were already on the screen

A note after a trade holds three things: what you did, why, and how it ended. The first and the third are in front of you anyway — you opened the trade and watched it gain or lose. Typing them out again adds nothing.

The middle one has no home. Why you expected the price to go your way sits nowhere on either account, and lasts only as long as you remember it — which is not long. Play money produced the result, so the result is not the lesson. The reason is.

Part of the note	Exists without you?	Worth on re-reading
What you did	On the screen	Shows the note is about the right trade
Why you expected that	Nowhere	The only part you can still agree or disagree with
How it ended	On the screen	Proves neither the reason nor its opposite

The half of a demo note that still reads on a real account

Practice notes end up read on a different account. Some lines cross untouched; others stop meaning anything once the money is real.

Line written on the demo	On a real account	Why
The reason you opened it	Reads the same	Same market prices either side; a sentence about them does not change account
Where you decided to exit, and when	Reads the same	Naming the exit before the click is a habit, and habits travel
The size you chose	Crosses as a habit, not as a figure	«The smallest size the platform allows» keeps its meaning; the amount behind it does not
How it felt while it ran	Does not cross	Written again from scratch, on the first real trade

The column a demo note cannot fill honestly

Two things change once real money is involved, and both belong in that empty column:

What it felt like. A virtual loss lands the way a dropped score in a game does, so the line about it gets written calmly. On a real account that same line follows a rushed decision instead of preventing one.
What was actually lost. The demo balance is play money, so the closing figure stays a figure. On a real account it is money you had, and no note is needed to remember it.

So the honest rule holds in writing too: demo results don’t guarantee real-account results. Notes prove you know where the buttons are, and nothing beyond that.

A demo note on its second and third reading

A note is written once and read several times, and each reading gives back something different. Most stop at the first, which gives back least.

The same evening

The note looks obvious, because you still remember everything around it. That feeling is why most practice notes stop after a week: you are reading with the memory attached.
A week later, with the trade forgotten

Now the note stands alone: it either says something to a person who was not there, or it says nothing — which is news about your writing, not about the trade.
Weeks later, with the reason still readable

The reason is either one you would still give today, or one you have quietly grown out of. The note that turned out wrong is the one worth keeping: a free account proved it so.

Hence the rule: write for the second reading. The name instead of «it», the level instead of «around there», the reason instead of «looked good». The practice calculator gives a figure worth putting beside the reason; risk basics explains what it protects.

Opening one: an email, a password, nothing to cancel

«Demo» is short for demonstration: the platform is the one real money would run on, loaded with virtual money instead, so your own bank balance never changes. Nothing to cancel later, and no time limit.

The button below leads to the official Exness website, where a demo is created. An email and a password are all it asks for; identity documents come up only later, and only for a real account. When the platform asks which kind of account to make, choose the demo — it arrives filled with virtual money. Check the address bar: it should say exness.com.

This site is an independent guide, not a broker: it opens no accounts, holds no money and takes no documents. The first trade page walks through the trade a first note describes.

Questions asked with the demo still open

Is a note worth writing if the money was never real?

The reason you opened it is the same sentence on either account, and no screen keeps it. The result beside it is worth less: virtual money produced it.

What should be done with a note that turned out to be wrong?

Keep it as written; add today’s reading underneath instead of editing yesterday’s. Rewriting removes the only evidence that you once believed it.

The note and the screen disagree about what happened. Which one stands?

The screen. It showed the trade while it ran; the note came afterwards, from memory. Correct the facts, but leave the reason as written — it was never the screen’s to confirm.

How long are demo notes worth keeping?

Until each has been read twice: once with the trade forgotten, once when a similar one comes round. A note never re-read has not done anything yet.

Once real money starts, do the practice notes get thrown away?

No — they become the first half of one running record. The demo stays open beside a real account anyway, for an untried idea or a losing streak to sit out, and both sides read as one sequence.

Is there a point where practice notes stop teaching anything?

When two in a row could be swapped without anyone noticing. Identical reasons mean the reading has stopped and only the writing continues.

Where the note goes next

Your first trade

One trade, placed slowly — the trade the first note gets written about.

Place a demo trade

Practice calculator

A figure worth putting next to the reason, worked out before anything opens.

Count it first

Beginner mistakes

The slips that show up only because somebody wrote them down at the time.

See what shows up

Somewhere to be wrong for free

Virtual money from the first minute, and one honest sentence written beside each practice trade. No deposit, no documents, no time limit — and nothing riding on what the note gets wrong.

Open a free demo at Exness