MEtatrade 4 Demo account: Can't initialize bridge

Posted By: Enderw

MEtatrade 4 Demo account: Can't initialize bridge - 02/06/18 19:45

Hi,

I have an Avatrade DEMO account using Metatrader 4.

For some reason, when I try to use Zorro with the Mt4 bridge, I get the error:
TradeTest
Login 0 MT4/5 (demo)..
!Can't initialize bridge!
Check account number xxxxxx
Can't connect!

If I select REAL in the account dropdown list, it works (but I can't really do any tests since the balance limitations).

TradeTest
Login 0 MT4/5 (demo)...
!Ava Trade Ltd. connected
!Real account not supported at UTC 02-06 18:07
Load AssetsFix

It looks like Zorro sees the account as a Real one and not as a Demo one.

Any help on how to fix the issue?

Thanks.

Posted By: Sphin

Re: MEtatrade 4 Demo account: Can't initialize bridge - 02/06/18 22:35

I guess this is related to a fact not really easy to find but in the remarks of the chapter 'MT4/MT5' in the manual:

Quote:

When getting a practice account number and password directly from a broker, it's sometimes displayed as "Real Account" in the MT4/5 title bar. Since the 'demo only' version of the bridge can not trade with real accounts, you need to open a true demo account. You can open any number of demo accounts directly in MT4 by selecting File / Open an Account.

Posted By: Enderw

Re: MEtatrade 4 Demo account: Can't initialize bridge - 02/07/18 07:36

Thank you Sphin. I did indeed get the username and password directly from the broker.
If I try to open an account from inside Avatrade MT4 it doesnt seem to work. I got stuck in the open account dialog without getting the username and password.

Posted By: Sphin

Re: MEtatrade 4 Demo account: Can't initialize bridge - 02/07/18 16:42

Really: I didn't get Avatrade so far that I received username/passwd for a demo account and I didn't explore it further ...