Forex trading free demo

You can trade on the Forex market with any browser and operating system with an internet connection. Access your trading account with MetaTrader 5 web platform right now. Log in Metatrader 5 Desktop Download MetaTrader 5 and start trading with amazing functionality, technical and fundamental market analysis, Copy trading and automated trading features incorporated into this platform.

This version offers a diversity of order types and execution modes. MetaTrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more. MetaTrader 5 is available for Android allowing you to trade and check your account from wherever you are.

Using your smartphone or tablet you can access the main features of the platform. Trade Forex directly from your iPhone and iPad! Therefore, before deciding to participate in off-exchange Foreign Exchange trading, you should carefully consider your investment objectives, level of experience and risk appetite.

Investors should only use risk capital when trading forex because there is always the risk of substantial loss. Most importantly, do not invest money you cannot afford to lose. Losses may exceed deposits. Any mention of past performance is not indicative of future results.

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With these conditions, everyone has enough time to practice and to feel confident about moving to a real one. Investing virtual money helps for many reasons: Allows you to test your own trading strategy for free To test the trading platform Test to see if trading is something for you Each of these points is very important before starting trading.

Other times traders may not be satisfied or have a good feeling regarding the chosen platform. Spreads and Commission in Demo The most important factors for a forex trading platform are commissions and spreads.

These factors vary depending on your chosen trading platform. About the spreads, we can say the same thing. For instance, the demo account spreads are the same as the real version spreads. The spread is basically the difference between the bid and the ask prices.

The only difference between a real account and a demo account for most of the brokers is the leverage. For example imagine that in a real account the maximum leverage is up to for European clients, and up to for traders outside Europe. Then in a demo account almost all the brokers offer a standard leverage of It lets you trade with more funds than you actually have in your account so you can gain bigger profits.

A good demo account will let you get used to the leverage process without the risk. Anything less than that is probably not enough. You want enough funds to be able to make plenty of test trades with on the demo account. Forex Demo Account Without Time Limit A lot of people who wish to start trading, usually decide to do it with a practice account. As we have explained in this page, using a virtual account is risk-free.

But what people are really asking themselves is: for how long can I use a forex demo account? Most demo accounts have no time limit. Usually, a broker offers a free demo account that a trader can use for as long as they want. Many brokers will also automatically top up your virtual funds when they reach a certain amount. They have won numerous rewards and have offices in over 10 countries, including Germany, France, Chile, and Poland. They have over 50 forex pairs that you can practice trading.

You will find both major as well as exotic pairs on their world-class platform, the xStation 5. All you have to do to start practicing with XTB is fill up their form. Simply input your email and your country of residence and hit the submit button. Their customer service is available from Sundays to Fridays. It was established in , and this broker continues to grow each year.

With over 50 forex pairs, you will be able to trade the currency pairs of your choice in real-time without risking actual cash. You can sign up by signing in with your Apple account, Facebook account, or Google account. Alternatively, making an account from scratch is very easy.

You just need to input your desired username, email, and password. If you want to see your funds in a different currency, you can change them with a click of a button. If you encounter any problems, they have a built-in help center on their platform. Here you will find some of the most common questions that users ask. Despite it operating for only ten years, they already have over 3 million clients from countries. They have 57 currency pairs that include both major and exotic pairs as well.

Signing up for a demo account gives you access to all of these. To open a demo account , they will ask you for your full name, country of residence, address, contact number, email, and preferred language. You can also customize your trading account details. You get to choose which platform to use, your desired currency, how much you want to virtually invest, your leverage, as well as your account type. FXCM Official website of FXCM This specific broker that was founded in is well known for its features as a forex broker as well as a broker to the most liquid markets.

They have offices located around the world, which include Sydney and Berlin. This platform is also available on Google Play and Apple iTunes, so you can trade on your mobile device or tablet. You can refer to their website to find the specific number for your country of residence.

With the experience of over 15 years, this broker has expanded its reach to over counties and has over executed trades per second. They offer 15 major forex and 55 minor pairs that you can practice trading using their free demo account. Keep in mind that your demo account is only available for days. Signing up is a straightforward process. They will ask for your country of residence, full name, email, and desired password.

Getting a response might take a while, but rest assured that their customer service representatives are knowledgeable and will be able to assist you regardless of your concern. To date, they have more than 2 million clients from 11 different countries. This multi-award-winning broker has more than 50 currency pairs for clients to trade.

This allows you to practice trading their offered currency pairs with no risk. Signing up for a demo account is the same as signing up for a live account. All you need is your email and password, and you can start honing your trading skills. Despite not having an online chat system, you can contact them via email. It may take a while to get a response, around an hour to one business day, but you can rest assured that your questions will be answered, and you will get the help you need from them.

Pepperstone Official website of Pepperstone At first glance, Pepperstone does not seem like it is on par with any of the big shot brokers out there. Since it has only been operating for 11 years and they seem to offer mediocre service, one might think that this broker does not deserve to be on this list. This is exactly why Pepperstone has been regarded as one of the largest forex brokers in the world.

On their platform, you will have the opportunity to trade forex pairs, including major, minor, and exotic pairs. This gives you more choices and opportunities to test out your trading strategies on different pairs. You will also get to choose whether you want to train on their MetaTrader 4 or cTrader platform. Within the given 30 days, you will be able to access all the tools and services that are provided on your platform of choice. You can freely contact their customer support representatives at any hour during weekdays.