Best Forex Demo Accounts

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

RegulatorsFlexible leverage ?Minimum deposit ? 
AvaTrade

AvaTrade
Pro Account

Australia, BVI, Ireland, Japan... »
Australia, BVI, Ireland, Japan, South Africa «
1:400
1.3 pips
$250Visit website
Risk warning ?
FxPro

FxPro
FxPro cTrader

Bahamas, CySEC, South Africa, UK
1:500
0.3 pips
$500Visit website
Risk warning ?
FXPRIMUS

FXPRIMUS
Variable Spreads [Vanuatu]

CySEC, South Africa, Vanuatu
1:30
0.3 pips
$100Visit website
Risk warning ?
FXPRIMUS

FXPRIMUS
ECN Premier [Vanuatu]

CySEC, South Africa, Vanuatu
1:1000
0.3 pips
$500Visit website
Risk warning ?
LQDFX

LQDFX
ECN Account

None
1:300
0.2 pips
$500Visit website
LQDFX

LQDFX
Micro Account

None
1:500
1.4 pips
$20Visit website
LiteForex

LiteForex
ECN Account

None
1:500
0.4 pips
$50Visit website
Risk warning ?
     

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 a demo 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.

Plus500

Trade 50+ currency pairs and CFDs on shares, indices and commodities on fixed or floating spreads. ... More

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Risk warning ?

FxPro

Trade 70+ currency pairs, spot indices, energies, metals and shares on fixed spreads with instant ... More

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Risk warning ?

FP Markets

Trade over 50 pairs of currencies as well as CFDs on metals, indices and commodities through MT4 ... More

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