ECN Demo Accounts

Compare ECN demo accounts with balances up to US$ 5 million. Test drive platforms and strategies before trading real money.

By Stefan on 30/09/2023

Best brokers

  1. FP Markets Best Trade Execution - APAC...
  2. FXCC Best Forex Trading Account...
  3. Pepperstone Best Forex Broker Overall -...
  4. LiteFinance Best ECN Broker Africa 2020
  5. RoboForex Best Mobile Trading App 2022,...

Broker reviews

FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. We also like that this broker offers a wide range of currencies for your trading account, including USD, EUR and GBP. Trade CFDs on over 1,000 stocks, indices, ETFs, commodities and currencies through MT4/5 without restrictions.

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader, Copy trading
  • Regulators: Australia, Cyprus (EU) , Saint Vincent and the Grenadines, South Africa

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

FXCC is a regulated offshore broker with an ECN trading environment. There are no conflicts of interest, as FXCC.com doesn't trade against you. Trade CFDs on over 100 instruments with leverage up to 1:500, only on MT4. FXCC allows all trading styles and Expert Advisors.

  • Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4
  • Regulators: Cyprus (EU) , Nevis

$0
deposit

1:500
leverage ?

Market
execution

Pepperstone.com is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5, TradingView or cTrader. Pepperstone allows all trading styles, with no restrictions. We've been impressed by the quality of its customer service.

  • Risk warning: Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader
  • Regulators: Australia, Bahamas, Cyprus (EU) , Germany, Kenya, UAE , UK

$200
deposit

1:500
leverage

Market
execution

$200
deposit

1:500
leverage

Market
execution

Trade CFDs on a wide range of markets on M4/5, with leverage up to 1:1,000 through LiteFinance.com. LiteFinance accepts all EAs and trading styles, including scalping and news trading. It's also the only broker that we know of, that pays up to 20% interest on your savings.

  • Risk warning: 83% 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.
  • Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader, Copy trading, Mirror trading
  • Regulators: Cyprus (EU) , Saint Vincent and the Grenadines

$50
deposit

1:1000
leverage

Market
execution

RoboForex.com is an offshore broker based in and regulated in Belize. Access over 12,000 instruments, including real equities and CFDs on Forex, crypto and oil, from a single platform. We were able to start trading in minutes, without ID verification.

  • Risk warning: 58.42% 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.
  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader, Copy trading
  • Regulators: Belize

$10
deposit

1:500
leverage

Market
execution

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Unbiased Reviews

Our reviews are unbiased and reflect our own experience of trading through these brokers.

At Your Service

Compare trading accounts and find the best one for you, based on your preferences.

How to use your demo account

A demo account is smart way to test a new broker. You'll get a feel for the broker's professionalism and turnaround times within days of opening your account.

We suggest opening demo accounts with several brokers and executing identical trades over a number of days to get a read on spreads and/or commissions. Compare them against your current broker and between one another to see who you the best value for money.

Likewise, a demo account is a good way to test a new trading platform. Look out for charting capabilities, ways to customise your experience and manage your risks. Our reviews call out which platform(s) each broker supports. You'll find that most support MetaTrader 4 and 5, and an increasing number support cTrader and TradingView.

What a demo cannot do for you

However, there is one thing that ECN demo accounts cannot emulate: liquidity. Slippage is part and parcel of ECN trading because you rely on other market participants to hit your orders. The greater the number of participants, the deeper the liquidity and the easier it becomes to trade in and out.

To get a view on liquidity, ask your broker about his liquidity providers. The more liquidity providers he works with and the stronger their balance sheet, the stronger the execution. However, that information rarely is publicly available because it's of a commercial nature.

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  • $0 deposit
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  • Regulators: Cyprus (EU) , Nevis

FP Markets

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Trade over 60 pairs of currencies as well as CFDs on crypto-currencies, shares, indices and ... More

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Exness

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Trade CFDs on Forex, crypto-currencies, stocks, indices, metals and energies with dynamic leverage ... More

  • $3000 deposit
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  • Regulators: BVI, CuraƧao, Cyprus (EU) , Kenya, Mauritius, Seychelles, South Africa, UK
Risk warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital.