Woman Learning To Trade Forex On Her Phone With A Forex Demo Account | FXTM

Forex Practice Account

Skill up and practice zero-risk trading on our free practice demo account.

Open practice account

Trading is risky.

New to Forex trading?

A free forex demo account lets you practice trading in real-time with virtual funds, perfect for beginners who want to learn without financial risk. Experience live market conditions with a demo trading account that builds confidence.

Explore a range of trading tools, learn how to read charts and candlestick patterns and master key technical indicators using none of your own money. Skill up for free before moving on to trading live accounts.

Ready to take your trading skills to the next level?

Why you should trade with us

Typically zero spreads on major FX Pairs

True to real trading

Practice under real market conditions

Leverage

Build and test your strategies

Advanced charting and order types

Ultimate transparency

Get to know your trading platform

Practice with MetaTrader on any device

Secure & Safe

Help when you need it most

Friendly customer support 24/5

How to open a Practice account

How to open a Practice Account

Why try demo trading?

The whole point of demo trading is to get familiar with the markets at your own pace.

As you'll be practicing under real market conditions, you'll get to see for yourself exactly what happens when prices change and learn how best to protect your trades with tools like Stop Loss.

It's also a good opportunity to get to know your trading platform. MetaTrader offers a range of indicators and timeframes designed to allow you to monitor the markets, and these can take a bit of getting used to.

By the time you're ready to move to live trading, you'll have grown the confidence to start using real money.

Remember - if you get stuck at any point or have any questions, our dedicated Customer Support team are always happy to help.

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Start trading with FXTM

No one makes it easier, open an account or try our demo account to get started while you build your skills.

Try the demo Open account

FREQUENTLY ASKED QUESTIONS

A practice account is a way to practice trading without risking any of your own money, as you'll be using virtual funds. It offers exactly the same tools and features as a live trading account, and you'll be trading under real-market conditions.

Simply register with FXTM by providing just a few details. Every new client is given a free practice account as soon as you've finished registration - ready for you to practice trading.

Exactly the same as you can do on a live account. You can open and close positions, adjust your order types and choose from hundreds of different financial instruments. Your trading platform works exactly the same way too - the only difference is that the funds you're trading with are not real.

The features, conditions and tools are absolutely identical across all of our account types. The only difference is that you're trading with virtual money, so there's no risk involved for you.

When you open your demo trading account, you can choose how much you put in it. The maximum is $1 million - keep in mind, of course, that this isn't real money. It's all virtual.

The smallest possible amount you can start trading with is $1. Considering that this money isn't real though, you can benefit by trading bigger amounts and getting more practice in with multiple trades and markets.

Yes, you can. You can trade metals CFDs, commodities CFDs, indices CFDs and more using your FXTM practice account.

Yes, you can. 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.

Unfortunately, this is one instrument you can't practice with on our demo accounts. Once you've moved to live trading though, there's thousands of different stocks for you to access - and you'll still benefit from experimenting with other instruments before.

Afraid not, because you're trading using virtual money so your profits are virtual too. However, once you've tried and tested different strategies in demo mode, you'll be better placed to achieve potentially successful trades.
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HINTS FROM EXPERTS

FXTM gives you more

Countless opportunities

More opportunities

Access hundreds of instruments across forex, metals, indices, commodities, stocks, and cryptocurrency.

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More value

Great pricing with spreads from zero on specific assets and ultra-low, flexible commission. 

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More education

Learn to trade or keep your skills sharp with free, on-demand educational videos and articles. 

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More security

Find peace of mind with a regulated, licensed broker where funds are fully segregated and insured.