Trading Commodities Trading commodities offers new and professional traders a more traditional trading format in the economic sector. Already experienced the platform?

Verify your identity It can take just minutes for us to verify your identity and set up your account. Fund your account Deposit funds from a debit card or bank transfer to start trading. Place your first trade Take a position the way you want. Open live account. Forex Education Centre. Introduction to Online Forex Trading for Beginners Our introduction to Forex trading for beginners is a great way to lay a solid foundation, especially if you are new to the currency markets.

Introduction to Forex. Inner Circle — Weekly Group Coaching Sessions To provide on-going weekly education and market review to build knowledge and confidence AND to connect with other Forex and CFD traders. Inner Circle Webinars. GO Trade Academy: Online Education Program Access FREE high quality, content-rich learning for ALL levels of traders that aim to contribute to your knowledge to trade Forex and CFDs.

GO Trade Academy. Please share your location to continue. Like choosing the best forex platform for you when forex trading, having the right features within the platform to suit your forex strategy can be critical to future success. A third factor is execution speed which helps traders make fast trades with reduced slippage in higher volatility markets that can carry high risk. A demo account should simulate real trading conditions. This means taking spreads from real markets so you can learn how CFDs work in the real world.

The final factor is the expiration date of the demo account and how much virtual currency is available. Some demo accounts are only valid for one month while others are unlimited.

Trading financial instruments such as forex and shares is a high-risk investment, especially if you are exploring different forex and CFD markets for the first time. Forex and CFD markets such as cryptocurrency are high-risk environments, therefore traders should be cautious when taking on highly leveraged positions.

It is important to get experience trading using a demo account, so you are well-equipped to deal with the volatility and the high-risk nature of financial markets before signing up for a real account or live account. However, the most effective way is to practice trading via a demo account, allowing you to develop strategies and your trading style. Demo accounts allow users to familiarise themselves with various markets and trading platforms.

Virtual money accounts are suitable for levels of experience, and we encourage you to practice trading with a forex broker listed above prior to trading with real money. This demo account review was compiled and published in and was updated at the start of It was put together by the dedicated staff at Compare Forex Brokers who spent a significant amount of time researching the industry.

We aim to update our analyses frequently, but sometimes inconsistencies can be found. We use cookies to ensure you get the best experience on our website. By continuing to browse you accept our use of cookies. Brokers By Country Australian Forex Brokers UK Forex Brokers European Forex Brokers NZ Forex Brokers Canadian Forex Brokers US Forex Brokers Singapore Forex Brokers UAE Forex Brokers.

Lowest Spread Forex Brokers Lowest Commission Brokers High Leverage Forex Brokers Islamic Forex Brokers Crypto CFD Brokers Forex Demo Account ASIC Regulated Brokers CySEC Regulated Brokers. MetaTrader 4 Brokers MetaTrader 5 Brokers Spread Betting Platforms UK CFD Trading Platforms Automated Trading Software Scalping Trading Software Beginner Trading Platforms Micro Currency Platforms.

Pepperstone Review IC Markets Review FP Markets Review CMC Markets Plus Review eToro Review IG Review FXCM Review. Home » Forex Trading Platforms » Best Forex Demo Account. Best Forex Demo Account Forex demo accounts are great for beginners to practise trading and test platforms such as MetaTrader 4 and 5.

Written by Justin Grossbard. Written by Justin Grossbard Co Founder. Edited by Justin Hertzberg. Edited by Justin Hertzberg Forest Park FX President. Reviewed by Riley Adams. Reviewed by Riley Adams Senior Trading Editor. Fact Checked We double-check broker fee details each month which is made possible through partner paid advertising. Learn more this here. Best Demo Accounts For Forex Trading Our list of the top demo account based on the trading platform experience are.

Pepperstone - Best Forex Demo Account With MetaTrader 4 IC Markets - Top CFD Demo Account With Metatrader 5 Plus - Top Demo Account For Novice Forex Traders eToro - Top Demo Account For Social And Copy Trading FXCM - Good Demo Account Charting NinjaTrader Package Oanda - Top Demo Account For Unlimited Forex Trading IG - Great Forex Demo Account For UK Traders ThinkMarkets - Good Demo Account For Mobile Trading TD Ameritrade - Best Forex Demo Account For US Traders.

Visit Site. Our Rating. Review Of Pepperstone. Review Of IC Markets. Review Of Plus Review Of eToro. Review Of FXCM. ASIC Australia. FCA UK. MAS Singapore. FSCA South Africa. CYSEC Cypus. IIROC Canada. FMA New Zealand.

DFSA Dubai. BaFin Germany. FSA Seychelles. SCB Bahamas. Raw Spread. Commissions USD Base. Minimum Deposit. Swap Free Account. Launch Web Platform. GET THE APP. Use the login and password above to access your practice account. Your login credentials were also emailed to you. There was a problem submitting the form.

Please try again later or contact FXCM AU Support. We apologize for the inconvenience. Intermediary Markup: In some instances, accounts for clients of certain intermediaries are subject to a markup. Demo Account: Although demo accounts attempt to replicate real markets, they operate in a simulated market environment.

As such, there are key differences that distinguish them from real accounts; including but not limited to, the lack of dependence on real-time market liquidity, a delay in pricing, and the availability of some products which may not be tradable on live accounts.

There may be instances where margin requirements differ from those of live accounts as updates to demo accounts may not always coincide with those of real accounts.

Forex demo accounts are great for beginners to practise trading and test platforms such as MetaTrader 4 and 5. Below we look at the top brokers with the demo accounts for With over 20 years of investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally.

Justin achieved Honours in Commerce and has a Master's degree from Monash University. He also owns Innovate Online offering digital marketing services with over 20 employees. He has an MBA in finance from the University of Miami Herbert Business School.

As a Senior Financial Analyst for Alphabet with an active CPA, Riley has a vast amount of financial knowledge. He has a Master's Degree in economics at Penn State University and a B. He also owns the website Young and the Invested providing investing advice for young individuals. Fact Checked. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.

Pepperstone has one of the best demo accounts as it allows you to practice with MetaTrader 4 MT4 , MetaTrader 5 MT5 or cTrader forex trading platforms. MetaTrader 4 is the best choice of platform for a demo trading account, as it is considered the gold standard when it comes to trading platforms.

This platform offers all the essential trading tools to familiarize yourself with trading such as 30 indicators, 31 graphical tools, 9 timeframes, automated trading, and social trading. With over 60 currency pairs to choose from, all with ECN-like tight spreads, Pepperstone will help you minimize your trading costs.

Pepperstone is known for its lightning-fast execution speed of 30ms on average which will help you avoid slippage and its award-winning customer service team, many of who are traders themselves. You can view a complete review of Pepperstone. After familiarizing themselves with the platform and forex broker, users can sign up for a real money account and start trading forex and cryptocurrencies.

Note: Pepperstone Limited UK does not offer crypto products due to FCA forex broker compliance requirements. Crypto trading is available with all other subsidiaries. Unlike most brokers which limit the virtual cash and time you can use the demo account, IC Markets allows you to choose how much virtual cash you wish to trade and the account will only be closed after 30 days of inactivity.

MetaTrader 5 MT5 is the successor to MetaTrader 4 which is widely considered the gold standard for platforms. MetaTrader 5 offers more technical indicators, graphical tools and faster processing than MT4.

One notable difference is that MT5 is designed for decentralized and exchange-traded CFDs such as stocks. In time, this platform should become as popular as MT4. IC Markets offers 64 currency pairs and an ECN-like environment with fast execution speeds and high leverage.

CFDs available in addition to the usual forex and indices include an extensive range of commodities including some rare options such as lean hogs, cattle, and 13 cryptocurrencies. Traders can also trade options, stocks, and indices for sectors such as cannabis, lithium, and real estate. Plus does not charge commissions which means fees are included in the spread and include risk management tools such as negative balance protection and guaranteed stop-loss.

Note: PlusUK Ltd does not offer crypto trading due to FCA compliance requirements for forex brokers. Crypto is available with all other subsidiaries. With both platforms, your demo account will have , virtual units for trade which never expires. FXCM allows you to choose from 4 trading platforms to demo. These include Trading Station, MetaTrader 4, Ninja Trader and TradingView. NinjaTrader is the best option should you use to access advanced charting and trade management options.

TradingView is the best option if you wish to practice social trading. FXCM like to be open about their transparency, the broker publishes regular reports on their trading execution performance.

In Q2 Commission-based pricing is applicable to Active Trader account types. eToro is a social trading platform which makes it different to most other platforms.

So learning the eToro trading platform with a practice account is very handy. The eToro account is available for free and includes , of eToro virtual money and has no time limitations.

Rather than conducting your own analysis and placing each individual order, social-copy trading platforms allow you to follow and copy the strategies of successful traders with a wealth of experience. Key features include:. IG Markets was founded in the UK in as a spread betting business and later renamed IG Group when listing on the London Stock Exchange in Being a UK company, IG is a solid option for UK forex traders for a demo account.

By choosing IG as your demo account, you can benefit from CFD trading such as forex, options, ETFs, interest rates and bonds. If you are in the UK, you can also spread bet and binary trade. Some countries also have the possibility of trading stocks not CFDs. IG Markets allow you to use their own in-house IG Platform and MetaTrader 4 as demo trading platforms.

Choosing this platform means you will get free access to exclusive educational content on the IG Academy which new traders will appreciate and chart packages that may otherwise incur a fee. Choosing MetaTrader 4 also means you can practice with expert advisors and 18 free indicators and add-ons. ThinkMarkets demo account allows you to practice with their ThinkTrader platform ThinkTrader is one of the best trading apps in the market for mobile trading.

With a quad screen display, 80 indicators, 50 drawing tools, 14 chart types and cloud-based alerts, ThinkTrader is rated 5 stars by over 15, users in the Android and iOS mobile app stores. Axi customer support is award-winning and highly valued, as it means you can ask trading questions while you learn about forex trading and develop your trading style.

ThinkOrSwim provides a good range of features, with inbuilt tools for both automaton and charting. To explore the ThinkOrSwim platform in a risk-free environment, TD-Ameritrade offers a demo account with full access to the software. TD-Ameritrade is one of the few brokers that offers forex trading in the USA. Choosing ThinkOrSwim means you can trade 70 forex pairs with no commissions and leverage of up to for major pairs and for minor pairs. Unlike most brokers which limit the virtual cash you can use the demo account, Markets.

com gives you unlimited and makes it valid for 3 months. MetaTrader 5 offers more technical indicators, graphical tools, and faster processing than MT4. com offers 67 currency pairs and is a market maker with fast execution speeds and high leverage options. Traders only have one account to trade on, which makes understanding their spreads and costs easier.

The most important element when looking for the best forex demo accounts is to consider the platforms offered.

The trading platform is what you will be using to trade, so it helps to choose a platform you are comfortable using. Traders generally have a personal preference for MetaTrader 4, MetaTrader 5, or cTrader trading platforms.

The second factor to consider is how well the demo account can replicate real trading of the CFD and forex markets. This includes access to how similar the spreads are to real markets, available leverage, customer service and risk management tools. Like choosing the best forex platform for you when forex trading, having the right features within the platform to suit your forex strategy can be critical to future success. A third factor is execution speed which helps traders make fast trades with reduced slippage in higher volatility markets that can carry high risk.

A demo account should simulate real trading conditions. This means taking spreads from real markets so you can learn how CFDs work in the real world. The final factor is the expiration date of the demo account and how much virtual currency is available. Some demo accounts are only valid for one month while others are unlimited.

Trading financial instruments such as forex and shares is a high-risk investment, especially if you are exploring different forex and CFD markets for the first time. Forex and CFD markets such as cryptocurrency are high-risk environments, therefore traders should be cautious when taking on highly leveraged positions. It is important to get experience trading using a demo account, so you are well-equipped to deal with the volatility and the high-risk nature of financial markets before signing up for a real account or live account.

However, the most effective way is to practice trading via a demo account, allowing you to develop strategies and your trading style. Demo accounts allow users to familiarise themselves with various markets and trading platforms.

Virtual money accounts are suitable for levels of experience, and we encourage you to practice trading with a forex broker listed above prior to trading with real money. This demo account review was compiled and published in and was updated at the start of It was put together by the dedicated staff at Compare Forex Brokers who spent a significant amount of time researching the industry. We aim to update our analyses frequently, but sometimes inconsistencies can be found.

We use cookies to ensure you get the best experience on our website. By continuing to browse you accept our use of cookies. Brokers By Country Australian Forex Brokers UK Forex Brokers European Forex Brokers NZ Forex Brokers Canadian Forex Brokers US Forex Brokers Singapore Forex Brokers UAE Forex Brokers. Lowest Spread Forex Brokers Lowest Commission Brokers High Leverage Forex Brokers Islamic Forex Brokers Crypto CFD Brokers Forex Demo Account ASIC Regulated Brokers CySEC Regulated Brokers.

MetaTrader 4 Brokers MetaTrader 5 Brokers Spread Betting Platforms UK CFD Trading Platforms Automated Trading Software Scalping Trading Software Beginner Trading Platforms Micro Currency Platforms.

Pepperstone Review IC Markets Review FP Markets Review CMC Markets Plus Review eToro Review IG Review FXCM Review. Home » Forex Trading Platforms » Best Forex Demo Account. Best Forex Demo Account Forex demo accounts are great for beginners to practise trading and test platforms such as MetaTrader 4 and 5. Written by Justin Grossbard. Written by Justin Grossbard Co Founder. Edited by Justin Hertzberg. Edited by Justin Hertzberg Forest Park FX President. Reviewed by Riley Adams. Reviewed by Riley Adams Senior Trading Editor.

Finally, Plus can be accessed online or via the provider's mobile app. You should consider whether you can afford to take the high risk of losing your money. If you are in the UK, you can also spread bet and binary trade. Once you do, you'll then have access to £10, in demo account funds. com is an award-winning online broker.

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