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Accounts and the demo account

Practise on the demo account, then connect your own broker.

Trading on margin can lose you more than you put in. Past results, including backtests, do not predict future results. Cloud9Trader provides tools and education, not financial advice. Read the full risk warning.

Cloud9Trader trades on an account. That is either the free demo account, which simulates a broker with real prices and pretend money, or an account you hold with a broker.

The demo account

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  • Open it on the accounts page. Choose USD, EUR or GBP. It starts with 50,000 in that currency.
  • One per user, on every plan.
  • Real prices, simulated fills. Orders fill straight away at the current bid or ask, with no slippage, commission or financing. Margin is checked on every order, and if your available margin reaches zero, positions are closed (a margin call).
  • At most 50 open positions at a time.

Real trading costs more than the demo shows: spreads widen, orders slip, and brokers charge commission and financing. Treat demo results as the best case.

Connect a broker account

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There are two routes, and they do different things:

  • The accounts page connects an OANDA account so that trading sessions can trade on it. Fill in the broker’s details, click Test connection, and submit when every step passes. You confirm that the account is a demo or practice account.
  • Exchange API Keys in the user menu connects a broker or exchange so that you can trade by hand on the Exchange page and see its balances and positions.

Each broker’s page says which route it uses and how to get its credentials. One connection per broker.

What is stored

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Your broker credentials are stored encrypted and are never shown again after you save them. To remove a connection, delete it in Cloud9Trader and revoke the key or token at the broker.

Which account a session uses

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A trading session runs on your first account, which for most people is the demo account. There is no account picker yet.

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