Forex Demo Account
If you are a novice trader, FXOpen free demo account can help you practice Forex trading without putting real money at risk.
Forex demo account lets you trade in real trading conditions without the risk of losing real money. It's a safe environment for beginners to make their first steps in the world of Forex trading where they can learn, practice and try different trading styles.
What is Demo Account?
Technically, a demo account is no different from the real one: it replicates the live trading environment but requires no real-money deposit. The absence of financial risks in trading on a forex practice account allows you to objectively assess the situation on the market, while in real trading there is a psychological aspect that can prevent cool-headed decision-making.
Thanks to a demo account, you can get acquainted with the Forex market and learn how to analyze it. Also, you will become familiar with the Metatrader 4 Terminal, gain practical experience in forex trading, develop and try your new trading strategies.
How to open a Demo account?
The registration of a demo account is easy and doesn't require any document verification. To start trading on demo account, you only have to fill out one small form.
As soon as you receive your account data (trading account number, trader password, investor password and trading server address), enter it into MetaTrader 4 (download MetaTrader 4) and start your Forex education!
FXOpen offers three types of demo accounts, to match our live account types:
Click here for more information on Demo accounts