Open a free Trading demo account and learn how to trade
Trading overview
A demo account is the best way for newcomers to explore trading. The demo account’s functionality is similar to the real account one with the exception that you trade with virtual money. Working on a demo account provides you with Forex trading experience using all the trading features provided by the MetaTrader 4 platform.
You can trade in real time and learn how to analyze the markets using technical indicators without risking your money. Copy trading with Signals’ subscriptions and Expert Advisors purchases from the MetaTrader Market are also available for demo accounts.
A demo account can be opened in a desktop platform, as well as in the MetaTrader 4 mobile applications:
Creating a demo account is the best way to start mastering the MetaTrader 4 platform and trading in the currency markets. Start now!
Download the platform and try your hand at trading on a demo account
Demo trading account features
- Practise with virtual funds
- News feed and live updates within the platform
- Compatible with Windows, iOS and Android devices
- Quickly navigate between charts, news and deal tickets
- Access free educational content on IG Academy
- Real-time price data to test out strategies accurately with no risk
Differences between a demo account and a live trading account
A demo account provides a risk-free environment for you to try our web trading platforms. While much of the functionality of the live platform features in the demo, there are key differences to be aware of, including (but not limited to):
- Trades made through the demo account will not be subject to slippage, interest and dividend adjustments, or out of hours price movements
- Trades may be rejected if you have insufficient funds to open them but, unlike on a live account, will never be rejected on the grounds of size or price
- You will not be charged for chart packages on a demo account
- Trades will not be closed if you have insufficient funds to cover margin and running losses, which can happen on a live account
This is by no means an exhaustive list, and therefore before opening a live account we recommend you read the information available on our website as well as the Customer Agreement to ensure that you are aware of the features of a live account.
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