Many new MT5 users start with a demo account to get familiar with the platform. Once they obtain additional accounts, they face a practical question: how to switch from the current demo account to another account? MT5 supports managing multiple accounts, so you generally do not need to reinstall the software repeatedly for account switching.
1. How to Switch Accounts on Mobile MT5
For Android MT5, open the account management page. The currently logged-in account is displayed at the top, and previously logged-in accounts remain in the list. Users can switch from the account list or add new accounts. On the iPhone version, you can also access saved accounts via settings and account management. Multiple MT5 account credentials can be stored on the same mobile device.
2. How to Add a Demo Account
After entering account management, select add account and search for the corresponding trading server. MT5 allows users to create demo accounts to practise platform functions. When creating one, locate the target server first and choose the demo account option. If you already have demo account login details, you may directly connect using the existing credentials.
3. Will Demo and Live Accounts Be Mixed Up?
MT5 stores different accounts within account management, yet each account has its unique account number, server and account data. After switching accounts, always check which account is shown at the top. The account management page lists account numbers, server names and latest account information, helping users verify the active connection. Build the habit of checking your account number before placing any real orders.
4. Why Can I Log Into the Demo Account but Not Another Account?
Different accounts may connect to separate servers. Even if your demo account logs in smoothly, connection failure may occur when switching to another account if the wrong server is selected. Logging into an existing MT5 account requires the correct account number, password and server information. When switching fails, check the server first instead of reinstalling the software immediately.
5. Features of Lucky Gold Demo Experience
Lucky Gold runs demo challenge activities and integrates demo functions into its mobile trading system. Upon completing designated challenges, users can earn rewards of up to 300 US dollars. The Lucky Gold APP supports real-time MT5 data synchronisation, transaction reports and 15-minute candlestick trading signals.
New users may start with the demo environment to learn the quote interface, trading lots and order operations before mastering the full workflow. This method is more intuitive than merely reading operation guides.
6. What Should You Practise on a Demo Account?
Focus on practising the order window, volume input, pending order creation, order cancellation, transaction history and price alerts. For example, practise entering a trading volume of 0.01 lots on the demo account, then learn how to modify and delete pending orders. Once you master these basic operations, you are less likely to input incorrect parameters due to unfamiliarity with the interface when switching to other accounts.
How to Switch MT5 Demo Accounts
The core step is to enter account management. Select and switch to saved accounts directly. If the target account is not listed, add the account and select the correct server. Lucky Gold combines demo practice, MT5 data and mobile APP functions within one system, ideal for users who want to learn the operating workflow before formal trading.