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. 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: 79% 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)
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, BVI, Ireland, Japan, South Africa, UAE
- Incorporated: 2006
$100 | 1:400 | Instant | |
$100 | 1:30 | Instant | |
$100 | 1:400 | Instant | |
$100 | 1:30 | Instant | |
$100 | 1:400 | Instant | |
LiteFinance (LiteFinance.com), formerly LiteForex, is an ECN broker headquartered in Russia. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:500. 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), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: CySEC, Saint Vincent and the Grenadines
- Incorporated: 2005
$50 | 1:500 | Market | |
$50 | 1:500 | Market | |
HotForex (HotForex.com) is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MetaTrader 4 or 5.
- Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
- Platforms: MetaTrader 4, MetaTrader 5, Currenex, Copy trading, Mirror trading
- Regulators: CySEC, France, Germany, Mauritius, South Africa, UK
- Incorporated: 2010
$5 | 1:1000 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
FxPro (FxPro.com) is a global broker, winner of 60+ awards including "Best MetaTrader Broker" in 2020 and "Best FX Provider" three times in a row. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all Expert Advisors and even provides an EA back-testing service.
- Risk warning: 79.78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting 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)
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
- Regulators: Bahamas, CySEC, South Africa, UK
- Incorporated: 2006
$500 | 1:200 | Instant | |
$500 | 1:200 | Market | |
$500 | 1:200 | Market | |
$500 | 1:200 | Market | |
LQDFX (LQDFX.com) is an international Forex broker and CFD provider headquartered in the Marshall Islands. It delivers STP execution on MT4 across 71 currency pairs, indices and commodities.
- Markets: Forex (CFD), Indices (CFD), Metals (CFD), Commodities (CFD)
- Platforms: MetaTrader 4, Mirror trading
- Regulators: Marshall Islands
- Incorporated: 2015
$20 | 1:500 | Market | |
$500 | 1:300 | Market | |
$20 | 1:300 | Market | |
$500 | 1:300 | Market | |
$25000 | 1:100 | Market | |
Trade without restrictions with OctaFX (OctaFX.com), an international broker headquartered in St. Vincent & The Grenadines. Access CFDs on currency pairs, indices, precious metals and commodities on MetaTrader 4, MetaTrader 5 or cTrader.
- Markets: Forex (CFD), Cryptos (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
- Regulators: CySEC, Saint Vincent and the Grenadines
- Incorporated: NA
$100 | 1:500 | Market | |
$500 | 1:200 | Market | |
NordFX (NordFX.com) is an international Forex broker serving traders worldwide from its headquarters in Mauritius.
- Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD)
- Platforms: MetaTrader 4, Copy trading
- Regulators: Mauritius
- Incorporated: 2008
$10 | 1:1000 | Instant | |
$250 | 1:1000 | Market | |
$500 | 1:1000 | Market | |
$ | 1:5 | Market | |
HYCM (HYCM.com), formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5.
- Risk warning: 85% 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)
- Platforms: MetaTrader 4, MetaTrader 5
- Regulators: Cayman Islands, CySEC, UAE, UK
- Incorporated: 1977
$100 | 1:500 | Instant | |
$100 | 1:500 | Instant | |
$200 | 1:500 | Instant | |
Trade Forex as well as CFDs on cryptocurrencies, stocks, indices and commodities with an STP/ECN broker. EagleFX (EagleFX.com) allows all trading styles and Expert Advisors on MetaTrader 4.
- Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
- Platforms: MetaTrader 4
- Regulators: None
- Incorporated: NA
$10 | 1:500 | Instant | |
$10 | 1:500 | Market | |
- Risk warning: 71% 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)
- Platforms: MetaTrader 4, Mirror trading
- Regulators: Australia, Belarus, Canada, CySEC, UK
- Incorporated: 2013
$100 | 1:30 | Instant | |
$100 | 1:30 | Instant | |
$100 | 1:200 | Instant | |
- Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
- Platforms: MetaTrader 4, MetaTrader 5
- Regulators: Cook Islands
- Incorporated: 2018
$10 (MT4) and $ 500 (MT5) | 1:500 | Market | |
$100 (MT4) and $ 500 (MT5) | 1:500 | Market | |
$25000 | 1:200 | Market | |
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 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.
Featured brokers
Best Execution
MT4 Floating - Instant Execution
Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant ... More
- $500 deposit
- 1:200 leverage ?
- 1.71 pips EUR/USD
Best Conditions
Islamic Account [BVI]
Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not ... More
- $100 deposit
- 1:400 leverage ?
- 1.9 pips EUR/USD
Best Platform
Islamic Account
Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. ... More
- $100 deposit
- 1:500 leverage ?
- 1.2 pips EUR/USD
Pro Account
Professional Account [EU]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More
- $100 deposit
- 1:400 leverage ?
- 0.6 pips EUR/USD
