Best Forex Demo Accounts

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

AvaTrade (AvaTrade.com) is an award winning online broker. Access a wide range of markets spanning Forex, crypto-currencies, shares, metals and more on competitive spreads.

  • Currency pairs: 60
  • Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: Copy trading, MetaTrader 4, MetaTrader 5
  • Regulators: Australia, BVI, Ireland, Japan, South Africa, UAE
  • Incorporated: 2006

$100
deposit

1:200
leverage

1.9 pips
EUR/USD

$100
deposit

1:30
leverage

1.3 pips
EUR/USD

$100
deposit

1:400
leverage

1.3 pips
EUR/USD

$100
deposit

1:400
leverage

1.3 pips
EUR/USD

Risk warning ?

FxPro (FxPro.com) is a global broker, winner of 60+ awards including "Best FX Provider" in the 2019, 2017 and 2016 Online Personal Wealth Awards.

  • Currency pairs: 70+
  • Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: Copy trading, cTrader, MetaTrader 4, MetaTrader 5
  • Regulators: Bahamas, CySEC, South Africa, UK
  • Incorporated: 2006

$500
deposit

1:500
leverage

1.6 pips
EUR/USD

$500
deposit

1:500
leverage

0.3 pips
EUR/USD

$500
deposit

1:500
leverage

1.4 pips
EUR/USD

$500
deposit

1:500
leverage

1.4 pips
EUR/USD

$500
deposit

1:500
leverage

1.2 pips
EUR/USD

Risk warning ?

Access over 10,000 financial instruments when you open an account with FPMarkets, also known as First Prudential Markets.

  • Currency pairs: 50+
  • Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: MetaTrader 4, MetaTrader 5
  • Regulators: Australia
  • Incorporated: 2005

$100
deposit

1:500
leverage

1.45 pips
EUR/USD

$100
deposit

1:500
leverage

0.45 pips
EUR/USD

$100
deposit

1:500
leverage

1.45 pips
EUR/USD

$100
deposit

1:500
leverage

0.45 pips
EUR/USD

Buy shares outright or trade CFDs on shares, indices, Forex, cryptocurrencies and more*. Connect with over 6 million other investors, follow or copy their trades in real-time on eToro.com.

  • Currency pairs: 47
  • Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: Copy trading, Mirror trading
  • Regulators: Australia, CySEC, UK
  • Incorporated: 2007

$400
deposit

1:30
leverage

3 pips
EUR/USD

$1000
deposit

1:30
leverage

3 pips
EUR/USD

$20000
deposit

1:30
leverage

3 pips
EUR/USD

Risk warning ?

HYCM (HYCM.com), formerly HY Markets, is an award winning online broker authorised and regulated by the FCA and CySEC. Trade over 100 instruments on fixed or variable spreads over MetaTrader 4.

  • Currency pairs: 45
  • Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: MetaTrader 4, MetaTrader 5
  • Regulators: CySEC, UK
  • Incorporated: 1977

$100
deposit

1:30
leverage

1.8 pips
EUR/USD

$100
deposit

1:30
leverage

1.4 pips
EUR/USD

$200
deposit

1:30
leverage

0.2 pips
EUR/USD

Risk warning ?

HotForex (HotForex.com) is an award winning Forex and commodity broker, providing trading services and platforms to both retail and institutional clients.

  • Currency pairs: 47
  • Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: Copy trading, Currenex, MetaTrader 4, MetaTrader 5, Mirror trading
  • Regulators: CySEC, France, Germany, Mauritius, South Africa, UK
  • Incorporated: 2010

$5
deposit

1:1000
leverage

1.2 pips
EUR/USD

$100
deposit

1:400
leverage

1.2 pips
EUR/USD

$100
deposit

1:400
leverage

1.2 pips
EUR/USD

FXPRIMUS (FXPrimus.com) is a regulated ECN broker with exposure to Forex and a wide range of asset classes. It prides itself in creating a safe and secure trading environment

  • Currency pairs: 43
  • Markets: Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: Copy trading, MetaTrader 4, Mirror trading
  • Regulators: CySEC, South Africa, Vanuatu
  • Incorporated: 2009

$100
deposit

1:30
leverage

1.6 pips
EUR/USD

$500
deposit

1:30
leverage

0.3 pips
EUR/USD

$100
deposit

1:30
leverage

0.3 pips
EUR/USD

$500
deposit

1:1000
leverage

0.3 pips
EUR/USD

Risk warning ?
  • Currency pairs: NA
  • Markets: Bonds, Commodities, Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: MetaTrader 4, Mirror trading
  • Regulators: Australia, UK
  • Incorporated: 2013

$100
deposit

1:30
leverage

2 pips
EUR/USD

$100
deposit

1:200
leverage

2 pips
EUR/USD

Risk warning ?
  • Currency pairs: NA
  • Markets: Commodities, Forex, Gold and metals, Indices, Oil
  • Platforms: MetaTrader 4, Mirror trading
  • Regulators: None
  • Incorporated: 2015

$20
deposit

1:300
leverage

0.8 pips
EUR/USD

$500
deposit

1:300
leverage

0.8 pips
EUR/USD

$500
deposit

1:300
leverage

0.2 pips
EUR/USD

$20
deposit

1:500
leverage

1.4 pips
EUR/USD

LiteForex (LiteForex.com) is an international Forex and CFD broker with a compelling product offering for beginners and experienced traders.

  • Currency pairs: 56
  • Markets: Forex, Gold and metals, Indices, Oil, Shares
  • Platforms: Copy trading, MetaTrader 4, MetaTrader 5, Mirror trading
  • Regulators: None
  • Incorporated: 2005

$50
deposit

1:500
leverage

2.2 pips
EUR/USD

$50
deposit

1:500
leverage

0.4 pips
EUR/USD

Risk warning ?

Trade Forex, shares and precious metals on competitive spreads through ForexMart, an international ECN broker. ForexMart supports all trading styles, including scalping, through MetaTrader 4.

  • Currency pairs: 60+
  • Markets: Forex, Gold and metals, Shares
  • Platforms: MetaTrader 4
  • Regulators: Saint Vincent and the Grenadines
  • Incorporated: 2015

$15
deposit

1:500
leverage

1.3 pips
EUR/USD

$200
deposit

1:500
leverage

0.9 pips
EUR/USD

$1
deposit

1:500
leverage

0 pips
EUR/USD


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.

FxPro.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.


FxPro

MT4 Fixed - Instant Execution

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

  • $500 deposit
  • 1:500 leverage ?
Risk warning ?

AvaTrade

Islamic Account

Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not ... More

  • $100 deposit
  • 1:200 leverage ?
Risk warning ?

eToro

Islamic Account

Trade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with no ... More

  • $1000 deposit
  • 1:30 leverage ?
Risk warning ?