Demo forex trading

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Huge forex bonuses

FOREX.Com demo account

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The power to conquer the markets

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Trade with precision

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Professional charting

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Actionable insights

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Trade on the go

Metatrader 4

Integrated reuters news and FOREX.Com global market research

Free EA hosting capabilities

Web and mobile trading support

*based on active metatrader servers per broker, jan 2018.

The markets are moving. Stop missing out.

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Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

CFD and forex trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.

FOREX.Com is a trading name of GAIN capital UK limited. GAIN capital UK ltd is a company incorporated in england and wales with UK companies house number 1761813 and with its registered office at devon house, 58 st katharine’s way, london, E1W 1JP. GAIN capital UK ltd is authorised and regulated by the financial conduct authority in the UK, with FCA register number 113942. GAIN capital UK ltd is a wholly-owned subsidiary of stonex group inc.

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Free forex demo account

Learn forex completely risk-free

The forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into forex trading with a live account, it’s best to open a risk-free forex demo account. The octafx demo account provides the same forex trading experience as real accounts. The only difference is that the funds on the forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.

Access the demo account without deposit

The octafx forex demo account is essentially a practice account. You just need to sign up and create one in a couple of clicks to get started. With it, you can get accustomed to a variety of features of the forex trading platform and get familiar with the dynamics of the forex market before committing any real funds. Practicing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure. While being equipped with all the real account features, it allows you to:

Use it completely free of charge: test your trading strategies and bots for scalping, and execute trades completely risk free as many times as necessary

Trade with virtual money: even though it’s a trading simulation, we still provide you with real trading signals that are also free of charge

Discover all the features of the trading platform: learn to read charts and use graphic objects, levels, fibonacci retracements, and more

Experiment with different order types.

Practicing at your own pace

We understand that new traders need time to get familiar with tools and market specifics, and we consider it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.

Real market conditions

Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!

Access to MT4 and MT5

Metatrader 4 web-platform

MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform. All major tools are available including one click trading and chart trading.

Metatrader 4 desktop

Metatrader 4 is highly customisable. It includes charting tools, market indicators, scripts and eas, advanced risk management, real time market execution and more.

Metatrader 4 android

Enjoy a complete set of trade orders, trading history, interactive charts and the widest variety of supported devices - all that is metatrader 4 for android. Wherever you are and whatever you do, forex will always be with you!

Metatrader 4 ios

Widespread trading software is now available for your iphone/ipad. Login to your account and have the opportunity to trade on metatrader 4 from anywhere in the world via your ios device.

Metatrader 5 web-platform

Trade with the metatrader 5 web platform without installing or downloading any software application. You can trade on the forex market with any browser and operating system with an internet connection. Access your trading account with metatrader 5 web platform right now.

Metatrader 5 desktop

Download metatrader 5 and start trading with amazing functionality, technical and fundamental market analysis, copy trading and automated trading features incorporated into this platform. This version offers a diversity of order types and execution modes. Metatrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more.

Metatrader 5 android

Download metatrader 5 on your android phone or tablet and trade currencies with cfds. Metatrader 5 is available for android allowing you to trade and check your account from wherever you are. Using your smartphone or tablet you can access the main features of the platform.

Metatrader 5 ios

The new metatrader 5 platform offers mobile online trading on the forexmarket.Trade forex directly from your iphone and ipad! This new application allows you to connect to octafx servers, receive currency quotes, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations.

Perfect for testing trading strategies

Forex demo accounts are not just there to learn the basics. They help experienced traders test highly intensive strategies. For example, a trader can practice trading on indicators—the technique involves sorting out different indicators in search of a perfect set, which trend forecasts will confirm across all indicators in the set and correctly predict real market behaviour. Automated trading strategies using advanced eas are needed to continuously monitor fluctuations across different currencies. Even strategies requiring extensive use of tools and a high level of trading discipline can be practiced on a demo account.

Learn with demo contests and win prizes

In order to turn your learning steps into a more rewarding process, we’ve developed several demo contests that will allow you to earn real money. You can practice reversal trading, use automated trading, or show your newly built skills to get the first prize.

Champion demo contest

Ctrader weekly
demo contest

Moving forward to real trading

The retail part of the forex market is all about making profit. When you feel like you have enough experience in trading on demo accounts, and when you make steady profits from session to session, we recommend you move on to making real money on real trading accounts.

ТОРГОВЫЙ ДЕМО-СЧЕТ ДЛЯ ОПЕРАЦИЙ С КОНТРАКТАМИ НА РАЗНИЦУ И ИНОСТРАННЫМИ ВАЛЮТАМИ

Вы новичок в торговле валютами и контрактами на разницу? Или вы опытный трейдер и вам нужно протестировать вашу стратегию в реальных рыночных условиях? Воспользуйтесь любой из признанных торговых платформ OANDA — интернет-платформой, настольной системой, МТ4 или мобильным приложением. Для этого откройте бесплатный демо-счет.

ПОЛНОФУНКЦИОНАЛЬНЫЙ ДЕМО-СЧЕТ

Получите неограниченный бесплатный доступ к торговому демо-счету для операций с валютами и контрактами на разницу и протестируйте ваши торговые стратегии в условиях реального рынка. Восстанавливайте или корректируйте начальное сальдо вашего счета в 100 000 единиц или прибыль/убыток в любое время. Меняйте ваше кредитное плечо и используйте гибкие объемы сделок, чтобы определить комфортный для вас уровень.

РЕАЛЬНЫЕ РЫНОЧНЫЕ УСЛОВИЯ

Попробуйте реальные курсы по всем валютам, а также золотые и серебряные † кресты. Получите доступ к сырьевым товарам, таким как сырая нефть brent, природный газ и пшеница; мировым фондовым индексам в таких странах, как германия, австралия и США; а также облигациям, например казначейским облигациям США и фьючерсам euro-bund с контрактами на разницу.

ТОРГОВЫЕ ПРИЛОЖЕНИЯ ДЛЯ МОБИЛЬНЫХ УСТРОЙСТВ

Все функции настольной торговой платформы, включая возможность торговли прямо из графиков и богатый набор инструментов технического анализа, в вашем смартфоне или планшете. Отслеживайте рынки и управляйте вашим портфелем валют и контрактов на разницу с любого устройства на основе ios или android.

НАСТОЛЬНАЯ ДЕМО-ПЛАТФОРМА

Простая в использовании, но мощная настольная торговая платформа обладает богатым набором гибких настроек и обеспечивает доступ к профессиональным функциям для торговли «форекс».

Вопросы и ответы

Нужен ли мне торговый счет OANDA, чтобы войти в демо-платформу и использовать ее для операций с валютами и контрактами на разницу?

Как загрузить настольную торговую демо-платформу OANDA?

Я хотел бы запустить настольную платформу OANDA desktop в своем браузере. Что делать?

На странице входа в систему появляется сообщение «неверное имя пользователя или пароль». Что мне делать?

Убедитесь, что вы верно вводите имя пользователя и пароль: оба чувствительны к регистру. Если вы пытаетесь войти в реальную торговую систему OANDA, убедитесь, что вы выбрали вкладку «fxtrade», расположенную над полем «имя пользователя». Если вы входите в демо-версию торговой системы OANDA, убедитесь, что вы выбрали вкладку «fxtrade practice».

Кроме того, не забывайте, что торговые и демо-счета OANDA не связаны друг с другом, поэтому имена пользователя и пароли для них могут быть различны. Если вам все же не удается войти в систему, нажмите на кнопку «забыли пароль?», расположенную над полем «пароль», и смените его. Если проблема сохраняется или вам не удается сменить пароль или войти в систему, свяжитесь с нами через интерактивный чат, и мы постараемся вам помочь.

Как я могу разместить сделку с валютами или контрактами на разницу?

Где можно научиться торговать валютными парами, драгоценными металлами, сырьевыми товарами, фондовыми индексами и контрактами на разницу облигаций?

Где можно найти регистрационные формы, правовую и торговую документацию OANDA?

НАЧНИТЕ ТОРГОВЛЮ

Откройте демо-счет. Это поможет вам разработать торговую стратегию.

Откройте реальный счет уже сейчас, и вы сможете торговать через несколько минут.

Убытки могут превысить инвестиции.

ВЫ НОВИЧОК В ТОРГОВЛЕ?

Измените ваше представление о рынке валют и контрактов на разницу. Пройдите несколько бесплатных интернет-курсов под руководством преподавателя для новичков и опытных трейдеров или выберите собственный учебный план и изучайте то, что вас интересует, в комфортном для вас темпе.

Заявление об отказе от ответственности

Данные о скорости исполнения сделок основаны на расчетах средневзвешенного периода задержки при двусторонней операции с момента получения до момента реагирования для всех рыночных приказов и запросов на закрытие сделки, исполненных с 1 августа по 30 ноября 2017 года на платформе OANDA V20, без учета приказов, размещенных в системе МТ4.

Контракты на разницу и операции с драгоценными металлами НЕДОСТУПНЫ для резидентов соединенных штатов америки.

Операции хеджирования на платформе МТ4 НЕДОСТУПНЫ для резидентов соединенных штатов америки.

Комиссией по торговле товарными фьючерсами (CFTC) установлены следующие ограничения размера заемного капитала, которым могут пользоваться трейдеры-физические лица на рынке форекс в США: 50 : 1 по основным валютным парам и 20:1 по другим парам валют. OANDA asia pacific предлагает максимальное кредитное плечо 50 : 1 по продуктам форекс. По операциям с контрактами на разницу применяются ограничения кредитного плеча. Максимальный размер кредитного плеча для клиентов OANDA canada устанавливается организацией по регулированию инвестиционной деятельности канады (IIROC) и может изменяться. Подробная информация приводится в разделе «выполнение регуляторных и финансовых требований».

На главную страницу

Групповой

Контакты

Пресс-комната

Вакансии

Поддержка

Торговля

Иностранные валюты; контракты на разницу

Торговые рынки

Операции с контрактами на разницу

Операции с иностранной валютой

Торговые интернет-платформы

Платформа metatrader 4

Освойте торговлю иностранными валютами и контрактами на разницу

Реальные курсы иностранных валют и контрактов на разницу

Торговые новости, аналитика

Валюта

Конвертер валют

Курсы в режиме реального времени

Исторические курсы

Решения для бизнеса

Конвертер для исторических валютных курсов

API данных о курсах валют

Валютные платежи для организаций

Денежный перевод

Конвертер для исторических валютных курсов

Конвертер для исторических валютных курсов

© 1996 - 2020 OANDA corporation. Все права защищены. Товарные знаки OANDA, fxtrade и семейство товарных знаков fx принадлежат OANDA corporation. Все прочие товарные знаки, представленные на этом сайте, являются собственностью соответствующих владельцев.

Торговля контрактами на иностранную валюту или иными внебиржевыми продуктами с использованием маржи и кредитного плеча влечет высокие риски и подходит не всем инвесторам. Рекомендуем вам тщательно оценить, подходят ли вам такие торговые операции с учетом ваших личных обстоятельств. Ваши убытки могут превысить объем ваших инвестиций. Информация, приведенная на данном сайте, носит общий характер. Рекомендуем вам до начала торговли обратиться за помощью к независимым консультантам и убедиться, что вы полностью понимаете все сопутствующие риски. Торговля посредством онлайн-платформы влечет дополнительные риски. См. Раздел «правовые вопросы» здесь.

Финансовый спред-беттинг доступен только клиентам OANDA europe ltd, являющимся резидентами соединенного королевства или республики ирландия. Контракты на разницу, функции хеджирования МТ4 и кредитное плечо свыше 50:1 недоступны для резидентов соединенных штатов америки. Информация на этом сайте не предназначена для жителей стран, в которых ее распространение или использование любым лицом противоречит местным законам и правилам.

Счета в OANDA (canada) corporation ULC может открыть любое лицо с банковским счетом в канаде. Регулирование деятельности OANDA (canada) corporation ULC осуществляет организация по регулированию инвестиционной отрасли канады (IIROC), а счета клиентов страхуются в пределах указанных лимитов канадским фондом защиты инвесторов. Брошюра с описанием сущности и лимитов страхового покрытия доступна по запросу или по адресу www.Cipf.Ca.

Деятельность OANDA australia pty ltd регулируется австралийской комиссией по ценным бумагам и инвестициям (ASIC) (рег. Номер ABN 26 152 088 349, рег. Номер AFSL 412981). Компания является поставщиком и эмитентом продуктов и (или) услуг, представленных на данном сайте. Перед принятием любых решений о финансовых инвестициях настоятельно рекомендуем вам ознакомиться с текущими версиями руководства по финансовым услугам (FSG), заявления о раскрытии информации о продуктах ('PDS'), условий открытия и ведения счета и другими документами OANDA. Указанные документы можно найти здесь.

OANDA corporation — уполномоченный посредник в срочных биржевых операциях и валютный дилер, зарегистрированный комиссией по торговле товарными фьючерсами; член национальной фьючерсной ассоциации, рег. № 0325821. В необходимых случаях см. ПРЕДУПРЕЖДЕНИЕ НФА ДЛЯ ИНВЕСТОРОВ НА РЫНКЕ ФОРЕКС.

Компания с ограниченной ответственностью OANDA europe limited зарегистрирована в англии, регистрационный номер 7110087, юридический адрес: tower 42, floor 9a, 25 old broad st, london EC2N 1HQ. Деятельность компании лицензирована и регулируется управлением финансового надзора, лицензия № 542574.

OANDA japan co., ltd. — первый директор по операциям с финансовыми инструментами типа kanto local financial bureau (kin-sho), рег. № 2137; член ассоциации финансовых фьючерсов, рег. № 1571.

OANDA asia pacific pte ltd (рег. № 200704926K) имеет лицензию на оказание услуг на рынках капиталов, выданную валютным управлением сингапура, а также лицензию комитета по развитию международной торговли сингапура (IE singapore).

OANDA europe markets limited - компания, зарегистрированная на мальте под номером C 95813, и ее зарегистрированный офис находится по адресу олд бэйкери стрит, 171, валетта. Она уполномочена и регулируется управлением по финансовым услугам мальты как держатель лицензии на инвестиционные услуги категории 3 для предоставления услуг резидентам европейского союза.

Fxdailyreport.Com

Are you new to trading forex or an experienced trader that wants to test a new strategy under real market conditions? Forex trading is a practice that involves a strong perception of the currency markets, skill, and excitement. It involves researching the economy in depth, identifying and seizing opportunities and having a strong sense of self-control over your actions. Forex trading also involves high risks, which is why newbies to the industry should always take baby steps to minimize their losses. The best way to do this is by starting your trading on a demo account

What is a demo account in forex trading ?

Best Forex Brokers that Offer Demo Account

A forex demo account is a trading account that gives traders free, unlimited access to a trading platform where you can learn or test new trading strategies under real market conditions, using virtual money. Here, traders can change their leverage, adjust or reset their starting balance or profit/loss at any time, and use different trade sizes to test their comfort level.

Most top forex brokers allow traders to open a free demo account on their platforms, providing them a simulated experience of what it will be like trading forex on their platform. These pretend accounts usually contain most, if not all of the features and capabilities contained in a real account. This way, it allows newcomers in the market to learn how forex trading works and test their skills and processes with zero risks.

Benefits of demo accounts:

The account allows new traders to enter the market

It lets traders try out a new broker’s trading platform to see if it meets all their trading needs.

It lets you try out all the features and other services a broker is offering.

It provides a great platform where traders of all levels who want to practice and develop new strategies can learn

It allows traders to discover the role of technical and fundamental analysis in trading. Traders get to trade in real time and analyze the market using technical and fundamental indicators without risking their money.

It allows traders to experience first hand the swift pace with which markets move and the significance of risk management.

Allows traders to develop and adapt their trading strategy as the market evolves and fluctuates.

List of forex brokers offering a demo account

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize	“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program”	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA	visit broker
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202	visit broker
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK	visit broker
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC	visit broker
min deposit: $10 spread: leverage: regulation: cysec	-	visit broker
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec	visit broker

HYCM

Best forex demo account review (2021)

Forex demo accounts are great for beginners to practise trading and test platforms such as metatrader 4 and 5. Demos’ are also good for experienced traders to do backtesting. Below we look at the top brokers with the demo accounts for 2021.

Top forex demo accounts

The 2021 forex demo account review focused on test trading platform features, easy of use and customer service.

Pepperstone – best MT4 demo account overall

IC markets – best MT5 broker for CFD trading

Plus500 – offers top risk tools for practice

Etoro – top social trading demo platform

FXCM – good to practice charting with ninjatrader

Oanda –top unlimited forex demo

IG – best forex demo account for UK traders

Thinkmarkets -best demo account for mobile trading

Axi – best customer support with demo account

TD ameritrade – has thinkorswim, the top demo account in the US

Pepperstone MT4 demo account

Pepperstone has one of the best demo accounts as it allows you to practice with metatrader 4 (MT4), metatrader 5 (MT5) or ctrader forex trading platforms.

Metatrader 4 is the best choice of platform for a demo trading account as it is considered the gold standard when it comes to trading platforms. This platform offers all the essential trading tools to familiarise yourself with trading such as 30 indicators, 31 graphical tools, 9 timeframes, automated trading and social trading.

With over 60 currency pairs to choose from, all with ECN-like tight spreads, pepperstone will help you minimise your trading costs. Pepperstone is known for its lightning-fast execution speed of 30ms on average which will help you avoid slippage and its award-winning customer service team, many who are traders themselves. Traders can choose from their commission-free standard account and razor account with $7.00 commissions round-turn per lot.

Pepperstone’s demo trading account is ranked first due to the ease of setting up an account, a balance of virtual money to simulate live trading and the access an environment similar to ECN trading. You can view a complete review of pepperstone. After familiarising themselves with the platform and forex broker, users can sign up to a real money account and start trading forex and cryptocurrencies.
Key strengths of pepperstone’s forex demo account:

Fastest execution times (avg 30ms)

Up to 500:1 leverage (30:1 for retail traders in the UK and europe)

$50,000 in virtual money, 30-day trial (can be reset through with pepperstone support)

Regulation with ASIC, FCA, DFSA, cysec, bafin, CMA, SCB

MT4, MT5 or ctrader trading platforms

Excellent trading conditions and customer service

Note: pepperstone limited (UK) does not offer crypto products due to FCA forex broker compliance requirements. Crypto trading is available with all other subsidiaries.

IC markets demo account

IC markets demo account offers virtual forex trading on the worlds top trading platforms (metatrader 4, metatrader 5 and ctrader). Unlike most brokers which limit the virtual cash and time you can use the demo account, IC markets allows you to choose how much virtual cash you wish to trade and the account will only be closed after 30 days of inactivity. IC markets demo account is free, you don’t need to open an account (which requires a $200 deposit) to practice trading.

Metatrader 5 (MT5) is the successor to metatrader 4 (which is widely considered the gold standard for platforms). Metatrader 5 offers more technical indicators, graphical tools and faster processing than MT4. One notable difference is that MT5 is designed for decentralised and exchange-traded cfds such as stocks. In time, this platform will because the worlds most popular platforms as MT4.

IC markets offers 64 currency pairs and an ECN-like environment with fast execution speeds and high leverage. Traders can choose between their standard account and raw spreads account which has commissions of $3.50 side trip.

Key strengths of IC markets forex demo account:

Fast execution speeds

Unlimited virtual cash (you set the amount)

Demo account is valid until 30 days of inactivity

Up to 500:1 (30:1 in UK and europe for retail traders) leverage

64 forex pairs, as well as a range of financial instruments such as commodities, metals, stocks, and bonds

MT4, MT5 or ctrader trading platform

Regulated by ASIC, cysec. FSA

Plus500 demo trading account

Plus500 is one of the worlds largest cfds providers. Plus500 have designed their platforms to help traders take advantage of the wide range of cfds available with ease. Cfds available in addition to the usual forex and indices include an extensive range of commodities including some rare options such as lean hogs, cattle and 13 cryptocurrencies. Traders can also trade options, stocks and indices for sectors such as cannabis, lithium and real estate.

Plus500 does not charge commissions which means fees are included in the spread and include risk management tools such as negative balance protection and guaranteed stop-loss.

Key strengths of plus 500 demo account:

Demo account has 50,000 in virtual cash (resets when below 200)

Demo account has no time limit (FREE unlimited account)

Risk management such as guaranteed stop-loss/take-profit

Offers extensive CFD range including unique sector indices and options

Use of ‘guaranteed stops’ in demo accounts

Regulated by ASIC, FCA and cysec

Note: plus500uk ltd does not offer crypto trading due to FCA compliance requirements for forex brokers. Crypto is available with all other subsidiaries.

*your capital is at risk ‘76.4% of retail CFD accounts lose money’

OANDA demo trading account

Oanda’s offers a choice of their in-house developed platform oandatrade which is available as a web trader, desktop and mobile version and metatrader 4. With both platforms, your demo account will have 100,000 virtual units for trade which never expires.

Choosing oanda gives you a choice of 2 retail investor account, the premium account which is a spread only product and core account which has a commission of $7 per 1k round turn and ECN like trading execution.

The latest version of the brokers’ trading platform (oanda trade v20) offers institutional-grade execution of less than 1ms, a guarantee of no requote or rejections and trading directly from the charts.

Key strengths of OANDA markets demo FX account:

100,000 virtual trading unit that can be reset anytime

Demo platform never expires

Choose from 5 trading platforms (oandatrade, metatrader 4, tradingview)

70+ currency pairs including exotic currencies

Trade directly from the charts

No requotes or rejections

FXCM demo forex trading account

FXCM allows you to choose from 4 trading platforms to demo. These include trading station, metatrader 4, ninja trader and tradingview. Trading station is FXCM own proprietary trading platform which is the best option (along with metatrader 4)if you wish to use trading automation with FXCM automation and backtesting. Ninjatrader is the best option should you use to access advanced charting and trade management options. Tradingview is the best option if you wish to practice social trading.

FXCM only offers one account and this account is spread only meaning there are no commissions*. FXCM like to be open about their transparency, the broker publishes regular reports on their trading execution performance. In 2020 Q2 59.92% of orders had no slippage and 28.48% of orders had positive slippage. 73.24 of limit and limit entry order has positive slippage

Key strengths of FXCM demo FX account:

$5,000 to $20,000, £50,000 in virtual funds (depending on chosen platform) to trade in the demo account

CFD trading with no commission fees

Regulated with ASIC, FCA, FSCA (south africa)

*FXCM can be compensated in several ways, which includes but not limited to adding a mark-up to the spreads it receives from liquidity providers and adding a mark-up to rollover etc. Commission-based pricing is applicable to active trader account types.

Etoro demo forex trading account

Etoro is a social trading platform which makes it different to most other platforms. So learning the etoro trading platform with a practice account is very handy. The etoro account is available for free and includes 100,000 if etoro virtual money and has no time limitations.

Etoro biggest feature is its social trading component. Rather than conducting your own analysis and placing each individual order, social-copy trading platforms allow you to follow and copy the strategies of successful traders with a wealth of experience. Key features include:

Copytrader (copy people): openbook’s standard account mirroring service, where you copy the trading strategies of other users, rather than placing trades yourself.

Copyportfolio: designed as a longer-term investment, copyportfolios are bundles of cfds that include different traders’ strategies and asset classes.

Key strengths of etoro demo FX account:

100,000 etoro virtual cash with automatic refresh)

No time limitation

No commission

Social trading with copytrader and copyportfolio

IG markets

IG markets was founded in the UK in 1974 as a spread betting business and later renamed IG group when listing on the london stock exchange in 2000. Being a UK company, IG is a solid option for UK forex traders for a demo account. By choosing IG as your demo account, you can benefit from CFD trading such as forex, options, etfs, interest rates and bonds. If you are in the UK, you can also spread bet and binary trade. Some countries also have the possibility of trading stocks (not cfds).

IG markets allow you to use their own inhouse IG platform and metatrader 4 as demo trading platforms. With the IG platform, you will get access to their online trading platform, $20,000 of virtual funds and 17,000 markets. Choosing this platform means you will get free access to exclusive educational content on the IG academy which new traders will appreciate and chart packages that may otherwise incur a fee.

If you prefer to practice using metatrader 4, IG gives you access to $10,000 in virtual currencies and 80+ markets to choose from. Choosing metatrader 4 also means you can practice with expert advisors and 18 free indicators and add ons.

Key strengths of IG markets demo FX account:

$20,000 in virtual cash with IG platform and 17,000 markets

$10,000 in virtual cash with metatrader 4 and 80+ markets

Free access to charting packages and add on indicators

Regulated by ASIC, FCA, bafin (germany), FMA (new zealand), FINMA (switzerland), MAS (singapore), DFSA (dubai), CFTC/NFA (USA).

Thinkmarkets metatrader 4 demo account

Thinkmarkets demo account allows you to practice with their thinktrader platform thinktrader is one of the best trading apps in the market for mobile trading. With a quad screen display, 80 indicators, 50 drawing tools, 14 chart types and 200 cloud-based alerts, thinktrader is rated 5 stars by over 15,000 users in the android and ios mobile app stores.

Thinkmarkets trading includes 25,000 of virtual currency and is available for use as long as you don’t leave it inactive for 30 days.

Key strengths of thinkforex demo FX account:

Seven demo account currencies

Expert advisors (eas) testing available

No scalping limit

500:1 leverage

Regulation: ASIC, FCA, FSCA (south africa)

Axitrader MT4 demo account

A 30 day 100% free demo account is available with axi (formerly axitrader). This broker offers access to metatrader 4 and $50,000 in virtual cash with no minimum deposit requirements to open an account.

The most unique feature of axi’s demo account is the inclusion of a dedicated account manager in addition to their 24/5 client support. Axi customer support is award-winning and highly valued as it means you can ask trading questions while you learn about forex trading and develop your trading style.

Key strengths of A GO markets demo FX account:

$50k of virtual currency in a demo account

Dedicated account manager

24/5 support over live chat or phone

Authorised and regulated by ASIC, FCA, DFSA (dubai)

TD-ameritrade broker demo account

Thinkorswim is TD-ameritrade’s proprietary trading platform and available to traders based in the united states as a desktop, web trader or mobile trading platform.

Thinkorswim provides a good range of features, with inbuilt tools for both automaton and charting.

Advanced, professional-grade charting and technical analysis tools

In-app chat and community chat rooms

Backtesting features

Market monitors and heat maps

Real-time market news

Customisable alerts

To explore the thinkorswim platform in a risk-free environment, TD-ameritrade offers a demo account with full access to the software. A virtual trading balance of $100,00 is provided to practice trading with free access for 60 days.

TD-ameritrade is one of the few brokers that offers forex trading in the USA. Choosing thinkorswim means you can trade 70 forex pairs with no commissions and leverage of up to 50:1 for major pairs and 20:1 for minor pairs.

Key strengths of A GO markets demo FX account:

Thinkorswim trading platform

70 currency pairs

Suitable for american traders

Commission-free trading

Regulated in USA by CFTC, NFA, SEC

What should I look for in A forex demo account?

The most important element when looking for the best forex demo accounts is to consider the platforms offered. The trading platform is what you will be using to trade, so it is important to choose a platform, you are comfortable using. Traders generally have a personal preference to metatrader 4, metatrader 5 or ctrader trading platforms.

The second important factor is the features within the demo account that will replicate a real trading environment in the CFD and forex market. This includes what access how similar the spreads are to real markets, available leverage, customer service and risk management tools. Like choosing the best forex platform for you when forex trading, having the right features within the platform to suit your forex strategy can be critical to future success.

A third factor is execution speed which helps traders make fast trades with reduced slippage in higher volatility markets that can carry high risk. A demo account should simulate real trading conditions. This means taking spreads from real markets so you can learn how cfds work in the real world.

The final factor is the expiration date of the demo account and how much virtual currency is available. Some demo accounts are only valid for one month while others are unlimited.

Why are demo accounts so important?

Trading financial instruments such as forex and shares is a high-risk investment, especially if you are exploring different forex and CFD markets for the first time. Forex and CFD markets such as cryptocurrency are high-risk environments, therefore traders should be cautious when taking on highly leveraged positions. Leverage is a complex instrument, so its important to understand there are risks of losing more money than you originally deposited in your trading account. It is important to get experience trading using a demo account so you are well equipped to deal with the volatility and the high-risk nature of financial markets before signing up for a real account or live account.

Understanding Volatility With A Demo Account

Learning to trade forex can be achieved by reading and research as well as utilising forex brokers educational tools such as webinars, faqs, ebooks, online courses. However, the most effective way is to practice trading via a demo account, allowing you to develop strategies and your trading style. Demo accounts allow users to familiarise themselves with various markets and trading platforms. Virtual money accounts are suitable for levels of experience and we encourage you to practice trading with a forex broker listed above prior to trading with real money.

Background to our forex demo review

This demo account review was compiled and published in 2016 and was updated at the start of 2021. It was put together by the dedicated staff at compare forex brokers who spent a significant amount of time researching the industry. As the market changes rapidly and brokers continue to offer new features all the time, please validate all information read above with the forex broker’s dedicated website. We aim to update our analyses frequently but sometimes inconsistencies can be found.

Justin grossbard has been investing for the past 20 years and writing for the past 10. He co-founded compare forex brokers in 2014 after working with the foreign exchange trading industry for several years. He also founded a number of fintech and digital startups including innovate online and SMS comparison. Justin holds a masters degree and an honours in commerce from monash university. He and his wife paula live in melbourne, australia with his son and siberian cat. In his spare time, he watches australian rules football and invests on global markets.

Top forex demo accounts

Pepperstone

IC markets

Plus500

Etoro

FXCM

OANDA

IG markets

Thinkforex

Axitrader

TD ameritrade

The leading forex broker comparison site, compare forex brokers pty ltd is an authorised representative of guildfords funds management pty ltd australian financial services licence no. 471379 (A/R no. 001274082). Copyright 2021 and all rights reserved. Trading forex and cfds with leverage poses significant risk of loss to your capital.

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Forex demo accounts : list of 10 best demo accounts to trade forex

Not everyone is going to fully understand the ins and outs of trading forex online, and whilst you may have understood the basics of currency pairings and how they work and operate, there can be no better way for you to put your knowledge to the test by doing so in a risk free trading environment.

With that in mind we are pleased to let you know that each of the forex brokers listed and reviewed throughout this website are going to give you access to something known as a demo trading account.

You can open up one of these free of charge and no risk forex trading accounts in a matter of minutes and once you have registered as a new trader you can then set about placing trades in a real money trading environment but with a supply of demo trading credits.

Obviously any profits you make when using a demo trading account will not be yours to keep as they are paid out via additional demo credits but the upside of these types of accounts is that you will never risk losing anything whilst you are mastering the online or mobile trading environment.

Best demo trading accounts

Deposit: $10 leverage: 1000:1

Deposit: $100 leverage: 1:30

Deposit: $50 leverage: 1:1000

You will find that depending on just which forex broker you decide to open up a demo trading account, you may be given a limited number of demo credits. However, the best forex brokers to sign up to will be those that give their traders an unlimited supply of trading credits.

Those sites will therefore allow you to place as many different types of trades as you like which is important as there are numerous unique trading opportunities that you may never have come across before.

It is also going to be beneficial for you to open up a demo trading account at one of our handpicked forex brokers for once you have mastered the art of using their respective trading platforms and have understood and got first-hand experience at placing several different forex trades you will then be bale to claim a bonus when you switch your demo account over to a real money account.

The size of the sign up bonus and the ongoing bonuses that will be made available to you when you do switch over your demo trading account to a real money account will be determined by each broker.

You will find full information on the size of those bonuses by looking around our website, checking out any of our top rated forex broker reviews for by visiting the websites of any of the top rated and fully licensed and regulated brokers we have listed throughout this website, so have a look around as there are plenty of bonuses available.

Basics of a forex demo trading account

Demo accounts are very normal accounts except that they cannot be used as real accounts. For example, using a demo account for an online game you can win multiple games or even lose multiple games. Either of the results will not impact the cash account or the card associated online with that game as it is just provisioned for the users to understand how to use and just for practice

Forex demo account

In the similar fashion demo account for forex trading is also provided by some forex brokers. They allow you to practice forex trading providing the live site access that will have real data. Using the forex demo account, you will get multiple benefits:

Understand the mechanism of forex trading

The real data and transition and the live speed ad pace at which changes occurs

Never lose/gain anything from the demo trading

Understand the forex strategies.

Fxpro, FXCM, hot forex, gcitrading, FXDD are some of the brokers who offer free demo account or sometimes it is called as unpaid demo account.

Variety of forex brokers

One thing worthy of note is that by shopping around and actually comparing what is being offered by each forex broker you are going to be able to locate and then sign up to one which is offering you a fully tailored service.

It is very true to say that every single trader will have their own wants and demands and as such that is where you are best advised to take a stope back and go through each of the unique features and benefits being offered to you by one or more brokers.

Make sure that once you have a good read through of this guide to demo forex trading accounts you then make use of our forex broker reviews, for by reading through each review you will find just what each broker is going to be offering you by way of payouts, profits, currency pairings and new and ongoing trader bonuses.

Features of a demo trading account

There are few remarkable features that are provided with a demo account that comes as appreciated as the real forex account.

Buying & selling prices at real live values

Bulk virtual money credited in demo account

Trading online throughout 24 hours and 5 days for the week.

Though the demo accounts will inherit the features and have all the abilities in replicating the real markets, they do sometimes operate in an environment that is 100% simulated. Hence it is generally that there will be key differences which normally differentiate them from the real accounts.

But this will have their lack of dependencies on the live forex market liquidity. Additionally, the availability of multiple products here can be observed that may not be allowed for trading on the live forex accounts.

In a demo environment, the operational features while the execution of the orders may result invariably fast paced transactions along with lack of rejection; with or without the absence of failures or slippages. There also might be instances while the margin needs vary from that of the live accounts with regards to the updates to the demo accounts. They also might not always be same with the real accounts.

Demo trading account

Trade forex and cfds on shares & indices with a risk-free demo account

Are you new to trading and would like to see what forex is all about or you are just looking to test a new strategy? Sign up for our free demo account today and experience the markets with a risk-free demo account. It only takes a few minutes

Free market data and real-time news

Open a demo trading account via your messenger or telegram app

Trade execution

Our STP technology lets you trade in live market conditions and removes the risk of any conflict of interest on our behalf.

Regulated broker

You can be certain - our reputation and our business practices are aligned with the appropriate regulation.

Live support

Our customer service puts you first. You can reach us by social media anytime, or global phone support from 09:00 to 18.00 EET.

Open a live trading account and your demo account(s) won`t expire.

Metatrader 4

Forex & CFD trading platform

Iphone app

Metatrader 4 for your iphone

Metatrader 5

The next-gen. Trading platform

MT4 for OS X

Metatrader 4 for your mac

Android app

MT4 for your android device

MT webtrader

About us

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Admiral markets pro

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Risk warning: trading forex (foreign exchange) or cfds (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using admiral markets UK ltd, admiral markets cyprus ltd or admiral markets PTY ltd services, please acknowledge all of the risks associated with trading.

The content of this website must not be construed as personal advice. We recommend that you seek advice from an independent financial advisor.

Admiral markets UK ltd is registered in england and wales under companies house – registration number 08171762. Admiral markets UK ltd is authorised and regulated by the financial conduct authority (FCA) – registration number 595450. The registered office for admiral markets UK ltd is: 60 st. Martins lane, covent garden, london, united kingdom, WC2N 4JS.

Admiral markets cyprus ltd is registered in cyprus – with company registration number 310328 at the department of the registrar of companies and official receiver. Admiral markets cyprus ltd authorised and regulated by the cyprus securities and exchange commission (cysec), license number 201/13. The registered office for admiral markets cyprus ltd is: dramas 2, 1st floor, 1077 nicosia, cyprus

Admiral markets pty ltd registered office: level 10,17 castlereagh street sydney NSW 2000. Admiral markets pty ltd (ABN 63 151 613 839) holds an australian financial services licence (AFSL) to carry on financial services business in australia, limited to the financial services covered by its AFSL no. 410681.

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Forex demo account trading

Practice forex trading and learn how to win

It is crucial to learn how to use the features of a forex platform before you start trading on it. Fortunately, traders can test out each platform using a demo account, which means no real money is at risk. Here, we'll discuss the importance of demo trading and let you know what you should look for when trying different platforms.

Key takeaways

Every platform is different, so even experienced traders need to learn how they work before trading with real money.

It is generally a good idea to place at least 50 demo trades to figure out how crucial features like stop orders work.

Forex demo accounts can also help traders to learn how good platforms are at recording transactions for tax purposes.

Demo trading is not the real thing, but it can help traders prepare for using live accounts.

Each platform is different

Many brokers offer several platforms. Metatrader 4 and 5, also called MT4 and MT5, are both popular. Furthermore, most brokers provide additional platforms. However, these additional options may be proprietary to the broker. That means that the platform may not be available from other brokers.

While each platform may function and look slightly different, most provide roughly the same features. These features include forex quotes/prices, charts, technical analysis tools, news feeds, trade history, drawing tools, and functionality for buying and selling currencies.

Some platforms have more features than others. For example, some of them have integrated fundamental analysis tools. That may be important for a long-term investor, but it doesn't matter for a short-term trader.

The image below is a snapshot of the MT4 platform.

Along the top of the platform, shortcuts go to various tools and settings. Below these shortcuts, there is a charting window to see the price history of a currency pair or other asset. The terminal is beneath the charting window. There are multiple tabs in the terminal, providing access to news, account history, and current trades. Not every platform is set up this way, but most offer the same features arranged differently.

Placing orders

It's a good idea to place at least 50 demo trades on a platform before trading money to master the specifics of order entry. A trader should never trade live unless he or she can confidently answer all of the following questions:

How do I place a limit order?

How do I set a stop order?

Can I set a limit and a stop at the time of entry?

Are the spreads on the platform fixed or variable? And what is the typical spread?

What is the lot size that I can trade (100 units, 1,000 units, 10,000 units, 100,000 units)?

Can I mix and match the lot sizes?

Do I have another way to trade if my primary internet connection goes down?

Some platforms use pop-up order windows, while others allow you to trade by clicking prices directly on a chart. Typically, you can click on the offer part of the quote (the ask) to buy a currency pair. When you want to sell, you usually click on the bid part. Some platforms allow you to choose a market order or limit order after the quote window pops up. However, others force you to make your selection beforehand.

Here is a sample order screen in MT4. Suppose that you want to bring up a detailed order screen like this one. On most trading platforms, you can right-click on a chart or quote and select a new order or new trade.

On the left is a very short-term chart of the currency pair for the trade. This currency pair is also listed at the top of the trade box. Next, input the volume you want to trade. Enter a stop-loss and take profit level for the trade. The trade type can be a market order or a pending order. If you want to buy/sell at the current price, choose the market as the type. If you want to buy or sell at a different price, choose pending.

With a pending order, there are more options, as you need to input the price you want to buy or sell at. You may also choose to put an expiry on the order. Once everything is filled out, place the order.

Learning how to set up a stop-loss order on a platform is vital for most forex traders. That is the surest way for heavily leveraged traders to prevent large losses when exchange rates suddenly move in the wrong direction.

Taxes

One function that most new forex traders overlook is tax reporting. Because forex is a global market, dealers as a general rule do not provide any documentation to the tax authorities in the trader's country of residence. Tax reporting is solely the responsibility of the trader. Brokers produce detailed transaction histories from which the trader must then compile their tax reports. Such an arrangement calls for a trading platform with highly organized and flexible reporting functions.

However, reporting quality varies greatly from dealer to dealer. All dealers will provide you with a full transaction report. How those transactions are laid out could mean the difference between spending hours or minutes creating a final report for your accountant. Some forex traders generate thousands of trades in a year. A platform that records all those trades in an easy-to-understand income statement is invaluable.

Tax treatment of currency trading is very much dependent on the individual's tax status. Most dealers will not advise you regarding tax matters, nor should you take their advice if they do. Most of them lack the particular expertise to deal with the multitude of tax authorities around the world. You should always consult with a tax professional before choosing a course of action.

As a general rule, more intuitive platforms with more organized reporting of your trade history are better for taxes. After having done some demo trading, look through the trade history and account statements. Look at how easy it would be to see your profits and losses for the year. Examining the record of your profits and losses can also help to improve your trading skills.

Trade like it is real

Once you have mastered the basic functionality of a trading platform, use the demo platform to experiment with various strategies. Are you a short-term momentum trader who likes high leverage and tries to capture 10 to 20 pip moves? Or do you prefer using less leverage and holding longer-term positions that could potentially yield hundreds of pips? Demo trading can help you discover what type of trading suits you best.

Demo trading is not the real thing, but it does help prepare you for actual trading. Many people are perfectly calm after sustaining a big loss in a demo account. However, some of them become completely unhinged over even a small loss in a real account. To make demo trading as productive as possible, you need to trade the demo account as if the money were real.

Easing into real trading is often the best way to start. Some forex brokers, such as OANDA, allow you to open an account with as little as one U.S. Dollar. When you start trading with even a few hundred dollars, the experience becomes real. Trading small amounts is the natural extension of demo trading.

The bottom line

Even after you decide to trade live, demo trading can be very valuable. Many successful traders will test strategies in a practice account before they try them out with real money. Demo trading does not guarantee profits in a live account. However, many traders agree that failure to achieve success in a demo account will almost certainly lead to failure in real life. That is why demo trading is vital to the growth and development of forex traders.

Demo trading account

Try our award-winning platform* for free with a free forex demo account. Start developing your trading skills with IG.

Practice trading with $10,000 virtual funds

Experiment with trading ideas risk-free

Test strategies on the go with our free mobile apps

Open a demo trading account

Try our award-winning platform * for free and develop your FX trading skills.

What is a demo trading account?

A demo account is a simulated market environment offered by a trading provider that aims to recreate the experience of ‘real’ trading as closely as possible. This is so that you can get a feel for trading FX on our platform. The main difference is you won’t be at risk of losing any money, so you can explore and experiment with confidence.

When you open a demo account with IG, you’ll be given immediate access to a version of our online platform, along with a pre-set balance of $10,000 in virtual funds to practice with and access to IG academy.

Why use a demo account?

Traders will choose to practice trading on a demo account, because it enables them to get to grips with a platform, build their strategy and grow in confidence, without having to risk any real money.

Demo accounts aren’t just for newcomers. Experienced traders often like to use demo accounts to try out new strategies, tools or ideas, safe in the knowledge that they won’t result in any real-world losses.

You’ll often see demo accounts described as ‘paper trading’, which is the term to describe simulated securities trading. However, with an IG demo trading account, you’ll gain access to over 80 FX pairs.

A demo account will enable you to view all the FX pairs available to you with IG and get used to how they behave. You’ll be able to select the pairs you want to keep an eye on and set alerts so you can react instantly to any price volatility. The demo account will also help you navigate the IG platform, ensuring that you can read and analyze price charts, fill in the trade ticket and monitor open positions.

Alternatively, if you’re interested in using more advanced software, we also offer an MT4 demo account. This enables you to build your understanding of the metatrader4 online trading platform in a risk-free environment.

There is no difference between a demo trading account, trading simulator or paper trading account. All of these terms are just synonyms for the same type of simulated trading platform.

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*winner of FX weeks e-FX 2019 award for best retail FX platform of the year. The FX week e-FX awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by FX week judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients.

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New clients: 312 981 0499

Existing clients: 312 981 0498

Marketing partnership: email us now

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is not directed at residents of countries where its distribution, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IG is a trading name of IG US LLC (a company registered in delaware under number 6570306). Business address, 200 west jackson blvd., suite 1450, chicago, IL 60606. IG is a registered RFED and IB with the commodities futures trading commission and member of the national futures association (NFA ID 0509630).

IG US accounts are not available to residents of ohio.