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Start with a demo account, not a deposit. This learning route gives a beginner in Pakistan fourteen days to understand the CFD contract, practise the platform, calculate cash risk and document one complete trade before deciding whether live trading is appropriate.
Course context: This lesson belongs to a practical beginner curriculum for Pakistan. By the end of this route you should be able to identify the product you are trading, read an instrument specification, distinguish margin from maximum loss, calculate a positi
Days Learning task Evidence to keep 1–2 Create a Standard MT5 demo and reduce virtual equity to a realistic learning balance Account type, currency, platform and balance screenshot 3–4 Learn Bid, Ask, spread, lot, pip, margin and free margin A glossary written
Exness creates a real Standard MT5 account and a demo Standard MT5 account after registration. Use the demo. Demo accounts use virtual equity and are available for all main account types except Standard Cent. A Standard MT5 demo avoids a separate commission li
Course context: This lesson belongs to a practical beginner curriculum for Pakistan.
By the end of this route you should be able to identify the product you are trading, read an instrument specification, distinguish margin from maximum loss, calculate a position from a stop distance, place and modify an order, and explain every cost shown in the account history. A profitable demo balance is not the goal; a repeatable and correctly documented process is.
| Days | Learning task | Evidence to keep |
|---|---|---|
| 1–2 | Create a Standard MT5 demo and reduce virtual equity to a realistic learning balance | Account type, currency, platform and balance screenshot |
| 3–4 | Learn Bid, Ask, spread, lot, pip, margin and free margin | A glossary written in your own words |
| 5–6 | Open EURUSD specifications and calculate 0.01 lot pip value and margin | Calculation beside the platform result |
| 7–8 | Practise market and pending orders with SL and TP | Ticket numbers and before/after screenshots |
| 9–10 | Create a cash-risk rule and derive volume from stop distance | Risk worksheet for three hypothetical trades |
| 11–12 | Observe London and New York sessions in Pakistan Standard Time | Spread log at fixed times |
| 13–14 | Complete one planned demo trade and review rule compliance | One-page trade journal and go/no-go decision |
Exness creates a real Standard MT5 account and a demo Standard MT5 account after registration. Use the demo. Demo accounts use virtual equity and are available for all main account types except Standard Cent. A Standard MT5 demo avoids a separate commission line and gives a straightforward environment for learning orders and contract specifications.
Do not copy the very large default virtual balance into your position sizing. Use Set Balance to choose a figure close to the amount you could genuinely afford to allocate, while understanding that no demo result guarantees live execution or performance.
The numeric example is for learning. Currency conversion and the selected symbol can change pip value, so confirm the value in the trading calculator.
Real and demo accounts · Creating trading accounts · Trading calculator
No. The core exercises use virtual equity in a demo account.
No. It proves only that you can follow and document the workflow. Live execution, costs and emotions can differ.
MT5 is a practical default for a new learner. Use MT4 instead only when you specifically need an existing MQL4 tool or workflow.
You must be able to reconstruct one demo trade from the rule, calculation, order ticket, cost and review notes.
OFFICIAL DESTINATION
Start with a demo account, not a deposit. This learning route gives a beginner in Pakistan fourteen days to understand the CFD contract, practise the platform, calculate cash risk and document one complete trade before deciding whether live trading is appropriate.