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Change MT4 demo account funds and leverage

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Hi All, I am new to the platform and just been getting to grips with Metatrader4. Unlike on the web based client for IG, on MT4 I can't seem to change the demo account balance. When I create a new demo account it greys out the deposit amount and leverage.

 

Also could someone explain what the difference is between the forex-gbp and betting-gbp accounts are? is this just CFD and spread betting accounts?

 

 

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