CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.

Even if you’re brand-new to the financial markets, you’ll know that there’s always an element of risk involved in forex trading. That’s why we offer the Demo Account — a free, practical way to discover the features of your trading platform and test your strategies before you commit any of your own money.

What is a demo trading account?

A demo trading account is a type of account that is funded with entirely virtual money, but still includes all of the functionalities and technical indicators as a live account. This makes it the perfect tool if you’re new to trading, as you can become familiar with the fundamentals of both your trading platform and the financial markets themselves before you start trading with real funds.

Advantages of a demo trading account

There are numerous advantages to having a demo account. For beginners, it enables you to learn how to open and close positions, read price charts and practice using trading in complete safety until you’re ready to transition to a live trading environment. You’ll be practicing under real market conditions, which is a great way to get to grips with risk management.

A demo account is also a must-have for more experienced traders to continue honing and improving your existing trading skills. As you develop or discover new strategies and techniques, it makes sense to test them first to see how these methods are likely to perform.

How to open a demo trading account with FXTM

If you’re ready to explore trading, you’ve come to the right place. The FXTM demo is available on four different account types, including:

  • Standard Account:

    Competitive spreads, all round offering

  • Micro Account:

    Same competitive spreads, smaller trade sizes

  • Advantage Account:

    Most popular Advantage account, super tight spreads

  • Advantage Plus Account:

    No commissions, no requotes, tight spreads

To open a demo trading account, just follow the simple steps below:

  • 1

    Register or log in to MyFXTM

  • 2

    Choose your account type and select ‘Demo’

  • 3

    Start trading, risk-free!

Learn to trade with a demo trading account

Almost all of FXTM’s live trading accounts have a demo counterpart, which means we offer a wide range of exciting financial instruments for you to discover. Check out what you could start trading on our demo trading accounts:

Forex

Forex

Forex trading, also known as FX or currency trading, is the act of buying and selling currencies. Banks, institutions and individual traders speculate on currency prices and then exchange them to make a potential profit. The forex market is the most liquid in the world with a daily turnover of more than $5 trillion USD and is a popular choice for new traders. Learn more about trading forex with FXTM.

Spot Metals Trading

Spot Metals Trading

Spot metal trading is the act of exchanging a spot metal — Gold or Silver — for a currency, e.g. Gold against the British Pound, or Silver against the USD. Spot metals have historically been a popular choice in times of market volatility due to their perceived ‘safe-haven’ status. Learn more about trading forex with FXTM.

CFDs on Commodities

CFDs on Commodities

When you’re ready to move to live trading, commodities have low margin requirements and are a great way to diversify your portfolio. In the meantime, you can practice trading Oil and Gas on our Standard, Advantage and Advantage Plus for MT4 demo accounts. Learn more about trading forex with FXTM.

CFDs on Indices

CFDs on Indices

Trading CFDs on Indices with FXTM gives you access to the most prominent securities in the US, Europe, Asia and Australia, meaning that you can buy and sell the selection of stocks that best suits your trading strategy and investment goals. Learn more about trading forex with FXTM.

Get More from the Markets with FXTM

If you’re ready to start building your trading skills, register for a demo account today!

Open A Demo Account

Feeling a little unsure which account type is right for you and your trading? Contact our friendly Customer Support Team who will be more than happy to help.

Email us

demo account msg

Call us

demo account phone

Chat

Scroll Top

This website is not aimed at anyone other than residents of the United Kingdom.

FXTM brand is authorized and regulated in various jurisdictions.

ForexTime will be launching MT5 in the near future, we will keep our registered clients posted and will also update our website accordingly.

Exinity UK Ltd (www.forextime.com/uk) with registration number 10599136 and registration address at 1 st. Katharine's Way London, England, E1W 1UN, UK is authorised and regulated by the Financial Conduct Authority with license number 777911.

ForexTime Ltd (www.forextime.com/eu) with registration number HE 310361 and registration address at 35, Lamprou Konstantara, FXTM Tower, 4156, Kato Polemidia, Limassol, Cyprus is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, and licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614.

Exinity Limited (www.forextime.com) with registration number C119470 C1/GBL and registration address at 5th Floor, NEX Tower, Rue du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License with license number C113012295.

Exinity Limited (www.forextime.com) with registration number C119470 C1/GBL and registration address at 5th Floor, NEX Tower, Rue du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License with license number C113012295.

Card transactions are processed via FT Global Services Ltd, Reg No. HE 335426 and registered address at Ioannis Stylianou, 6, Floor 2, Flat 202 2003, Nicosia, Cyprus, and via Exinity Services Ltd , Reg No. HE 400404 and registered address at Agiou Georgiou Makri, 64, ANNA MARIA LENA COURT, Flat 201, 6037, Larnaca, Cyprus. Address for cardholder correspondence: backoffice@fxtm.com. Business location address: FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.

Regional restrictions FXTM brand does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, Brazil, the Occupied Area of Cyprus, Quebec, Iraq, Syria, Iran and Cuba. Find out more in the Regulations section of our FAQs.

© 2011 - 2023 FXTM