Best Forex Demo Accounts

Compare Forex demo accounts up to $100,000 with no time limit. Practice before you pay.

Best brokers

  1. FP Markets Best FX Broker Australia 2021...
  2. FXCC Best Forex Trading Account 20...
  3. LiteFinance Best ECN Broker Africa 2020
  4. 4XC Best Customer Service 2022
  5. AvaTrade Best Mobile Trading Platform ...

Broker reviews

FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 1,000 stocks, indices, commodities and currency pairs through MetaTrader 4 or 5. FP Markets supports all trading styles and EAs.

  • 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

Trade CFDs across Forex, crypto, oil and indices with leverage up to 1:500. FXCC accepts all trading styles and Expert Advisors on MT4. There are no conflicts of interest, as FXCC.com doesn't trade against you.

  • 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

LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. LiteFinance accepts all EAs and trading styles, including scalping and news trading.

  • 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, Copy trading, Mirror trading
  • Regulators: Cyprus (EU) , Saint Vincent and the Grenadines

$50
deposit

1:1000
leverage

Market
execution

$50
deposit

1:1000
leverage

Market
execution

4xc.com is an offshore broker founded by Forex industry veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4 and 5.

  • Risk warning: Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of your deposits. You should carefully consider your financial situation and experience level before trading.
  • Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5
  • Regulators: Cook Islands

$10 (MT4), $ 100 (MT5)
deposit

1:500
leverage

Market
execution

AvaTrade (AvaTrade.com) is an award-winning online broker. Trade CFDs on Forex, crypto-currencies, shares, metals and more on MetaTrader 4 or 5. AvaTrade accepts all Expert Advisors except those with a focus on arbitrage.

  • Risk warning: 77.82% 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), Bonds (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, Copy trading
  • Regulators: Australia, BVI, Cyprus (EU) , Gibraltar, Israel, Japan, South Africa, UAE

$100
deposit

1:400
leverage

Instant
execution

$100
deposit

1:30
leverage

Instant
execution

$100
deposit

1:400
leverage

Instant
execution

$100
deposit

1:30
leverage

Instant
execution

$100
deposit

1:400
leverage

Instant
execution

Trade CFDs on 400+ instruments on leverage up to 1:500. Get superior execution through its network of 35+ liquidity providers. Equiti.com accepts all trading styles, without restrictions.

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
    * Availability subject to regulation.
  • Platforms: MT5
  • Regulators: Armenia, Jordan, Kenya, Seychelles, UAE , UK

$500
deposit

1:500
leverage

Market
execution

$10000
deposit

1:500
leverage

Market
execution

$50000
deposit

1:500
leverage

Market
execution

Trade without restrictions with OctaFX (OctaFX.com), an international broker headquartered in St. Vincent & The Grenadines. OctaFX supports all trading styles and EAs.

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

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

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

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, Copy trading
  • Regulators: Saint Vincent and the Grenadines

$15
deposit

1:500
leverage

Market
execution

$200
deposit

1:500
leverage

Market
execution

$500
deposit

1:200
leverage

Market
execution

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Unbiased Reviews

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

Here For You

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

A Forex demo account allows you to trade Forex in real market conditions without putting your capital at risk.

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 planning on opening a demo account, we suggest asking 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.

Featured Brokers

FXCC

ECN XL Account

Trade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:... More

  • $0 deposit
  • 1:500 leverage
  • 0 pips EUR/USD
  • Regulators: Cyprus (EU) , Nevis

FP Markets

Raw Account

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

  • $100 deposit
  • 1:500 leverage
  • 0.09 pips EUR/USD
  • Regulators: Australia, Cyprus (EU) , Saint Vincent and the Grenadines, South Africa

Equiti

Standard Account

Trade CFDs on Forex, crypto-currencies, stocks, indices, ETFs and commodities on low spreads with ... More

  • $500 deposit
  • 1:500 leverage
  • 1.4 pips EUR/USD
  • Regulators: Armenia, Jordan, Kenya, Seychelles, UAE , UK