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Forex Brokers With Free Demo Accounts
Written by Aboutcurrency
A free forex demo account allows you to practice forex in a live trading environment. You can test your FX skills, try out new trading strategies, systems and trading platforms without any financial risk involved. The table below provides you with a list of reputable forex brokers with totally free practice accounts.
| Broker |
Features |
Demo Trading |
More |
|
XM provides non-expiring practice accounts with $100,000 virtual funds. Get access to real-time charts and rates. Choose from 7 trading platforms, including Metatrader 4. |
Yes |
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|
Hotforex offers two types of demo accounts: DemoHotForex and DemoCurrenex. Demo accounts are valid for 30 days. |
Yes |
|
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Why apply for a forex demo account?
Forex demo trading is great to get started in currency trading with no money at risk. It is the only way to test a forex broker's trading platform under real market conditions before you decide to open a live trading account. You can open a free demo in less than a minute and be up and running with the broker's platform in less than 10 minutes.
A practice account allows you to:
- Test and learn the broker's trading platform with no obligation.
- Learn to trade forex without any risk.
- Test your trading strategies with real-time data and charts.
- Trade under real market conditions.
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