ForexBrokersAZ.com

Best Forex Demo Accounts

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

HotForex

Micro Account
More »
HotForex

Premium Account
More »
HotForex

Islamic Account
More »
HotForex

Currenex Account
More »
AvaTrade

AvaTrader Account
More »
AvaTrade

MT4 Fixed
More »
AvaTrade

MT4 Floating
More »
FXCC

ECN Standard
More »
FXCC

ECN Advanced
More »
Plus500

Live Account
More »
Fullerton Markets

ECN Account
More »
Fullerton Markets

Variable Spread Account
More »
InstaForex

Standard Account
More »
InstaForex

Eurica Account
More »
LiteForex

Cent Account
More »
LiteForex

Classic Account
More »
LiteForex

ECN Account
More »
FxPro

MT4 Fixed
More »
FxPro

cTrader
More »
FxPro

MT4 Floating
More »
FxPro

MT5 Floating
More »
FXOpen

STP MT4 Account
More »
FXOpen

ECN MT4 Account
More »
FXPRIMUS

Floating Spreads
More »
FXPRIMUS

ECN Premier
More »

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.

NordFX offers an unlimited $5,000,000 Forex demo account identical in all ways to the live account. And if you loose money, you can open a new demo account entirely free of charge.

The demo account on gives you access to real time ECN quotes, advanced charting and analysis tools in a risk-free environment. It also comes with $5,000,000 virtual money.

Related articles


Tell your friends about us:

Featured Brokers

#1 for Beginners

Fullerton Markets

ECN Account:

1:500 leverage and $100 deposit

#1 for Pros

LiteForex

ECN Account:

1:400 leverage and $1 deposit

#1 Islamic

HotForex

Islamic Account:

1:400 leverage and $500 deposit

#1 Low Spreads

AvaTrade

MT4 Floating:

1:400 leverage and $100 deposit


About UsPrivacy PolicyTerms of UseForex Affiliate ProgramsRSS FeedForex DirectorySubmit a Link

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.