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Best Forex Demo Accounts

Compare Forex demo accounts up to $5,000,000 with no time limit. Practice before you pay.

HotForex

Micro Account
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HotForex

Premium Account
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HotForex

Islamic Account
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HotForex

Currenex Account
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eToro

eToro Account
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eToro

Islamic Account
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eToro

Premium Account
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InstaForex

Standard Account
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InstaForex

Eurica Account
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easyMarkets

Standard Account
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easyMarkets

Standard 1 pip Account (EU only)
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easyMarkets

VIP Account
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AvaTrade

AvaTrader Account
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AvaTrade

MT4 Fixed
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AvaTrade

MT4 Floating
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FxPro

MT4 Fixed - Instant Exec.
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FxPro

FxPro cTrader
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FxPro

MT4 Floating - Instant Exec.
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FxPro

MT5 Floating - Market Exec.
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FxPro

MT4 Floating - Market Exec.
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FXCC

ECN Standard
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FXCC

ECN Advanced
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Plus500

Live Account
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LQDFX

Islamic Account
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LQDFX

Gold Account
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LQDFX

ECN Account
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LQDFX

Micro Account
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HYCM

Micro Account
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HYCM

Standard Account
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HYCM

VIP Account
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LiteForex

Cent Account
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LiteForex

Classic Account
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LiteForex

ECN Account
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LCG

CFD Trading - MT4
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LCG

ECN Trading - MT4
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FXOpen

STP MT4 Account
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FXOpen

ECN MT4 Account
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FXPRIMUS

Floating Spreads
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FXPRIMUS

ECN Premier
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FOREXYARD

Standard Account
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FOREXYARD

VIP Account
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What is a Forex demo account?

You can think of a Forex demo account as a trading simulation. This is your chance to practice Forex trading in real-time market conditions entirely free of charge.

Is a practice account right for you?

A demo account can work for beginners and more experienced traders alike, albeit for different reasons:

  • If you're new to currency trading, a demo account is an opportunity to learn Forex trading at your pace without committing yourself financially or emotionally.
  • Practice a new trading strategy until you've got the confidence to go live. Some trading strategies such as scalping require speed, stamina and self discipline. You'll want to choose a demo with 5 decimal pricing, depth of market information and fine tune your strategy until you're ready to go.
  • Last but not least, a practice account is a chance to test-drive a trading platform's charting features before opening a live account.

How to choose a Forex demo account

If you're thinking about opening a demo account, ask your broker the following questions:

  • How big is the account? The larger the account, the longer you can trade and the greater the positions you can open all else being equal. If possible, choose a large demo account to avoid being interrupted in the middle of a trade.
  • How long does the account last? It's a good idea to choose a practice account with no time limit to avoid being rushed into trading if don't feel ready.
  • Are all platform features available? It's important to remember that some demo trading platforms have some features disabled. Prices could be delayed or order types limited. If in doubt, ask your account manager for confirmation.

easyMarkets.com allows you to preview its platform online with account identical in all ways to the live account. Get access to real time quotes, advanced charting and analysis tools in a risk-free environment. It also comes with $1,000 of virtual money.

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Featured Brokers

#1 for Beginners

eToro

eToro Account:

1:400 leverage (up to) and $400 deposit

#1 for Pros

FxPro

MT4 Floating:

1:500 leverage (up to) and $500 deposit

#1 Islamic

HotForex

Islamic Account:

1:400 leverage (up to) and $500 deposit

#1 Low Spreads

AvaTrade

MT4 Floating:

1:400 leverage (up to) and $100 deposit


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Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000. ForexBrokersAZ.com is owned by Hades Capital Limited, a company registered in England under number 08176698.