DEMO ACCOUNTS on Stocks and Forex tradings can really help beginner-traders who might otherwise have to learn how to trade using real money and the financial risks with it. While demo trading lacks the emotional rush involved in risking real funds, it does train you to watch the market. It can also give you a good feel for how exchange rates move without risking any real money.
A demo account offers an educational tool for begginers to start trading stocks and or forex and test their strategies in a real-time trading environment without taking the associated financial risks involved in trading a real money account.
TRADING SITES w/ DEMO ACCOUNTS
Below are Some of the Investment Sites that Offer Free Demo Accounts:
> eToro ($100,000.00)
eTorois a social trading and multi-asset brokerage company that focuses on providing financial and copy trading services. It has registered offices in Cyprus, Israel, the United Kingdom, the United States, and Australia. eToro offers Forex and CFD traders a wide variety of investment options.
- Free Practice/Demo Account: $ 100,000
- Minimum Deposit: $200
- Trading Platform: eToro Web
- Regulation: ASIC, FCA, CySec
- Country of Regulation: UK, Cyprus, Australia
- Instruments: 2000+
- Assets: Crypto, ETFs, Forex, CFD, Commodities, Stocks
eToro specializes in social trading that allows you to follow and copy the trades of expert traders who have an established track record with proven profitability. eToro also lets you trade more than 2,000 different assets in a demo account, and virtually any trader should find its intuitive forex platforms and apps easy to use, although it does not support the popular MetaTrader platforms.
eToro also has excellent educational resources and it accepts U.S. residents of most states as clients.
ETORO LIVE ACCOUNT | ETORO DEMO ACCOUNTS |
Open LIVE Account | Open DEMO Account |
> Avatrade ($100,000.00)
AvaTrade offers average-to-competitive spreads and a broad variety of tradable instruments through its Ireland domicile and multiple satellite offices, with financial registration across six jurisdictions on five continents. The company now has offices around the world, located in Japan, Australia, Ireland, and the British Virgin Islands.
- Free Practice/Demo Account: $100,000
- Minimum Deposit: $100
- Minimum Trade: $1
- Trading Platforms: ACT, AutoTrader, AVA Mobile, MT4,
- Regulations: ASIC, MiFID, BVI
- Trading Instruments: 250+
- Maximum Leverage: 400:1
- Assets: Crypto, Forex, CFD Stocks, ETFs, Commodities, Metals, Option, etc.
AVATRADE LIVE ACCOUNT | AVATRADE DEMO ACCOUNTS |
Open Live Account | Open DEMO Account |
> AxiTrader ($50,000)
AxiTrader is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia. Founded in 2007, the Australian based AxiTrader has since grown to become one of the largest Forex brokers in the world. It is authorised and regulated by the Financial Conduct Authority. All client funds are held in segregated trust accounts with top-tier banks.
- Free Practice/Demo Account: $50,000
- Minimum Deposit: $0
- Trading Platforms: MT4, Webtrader
- Regulations: DFSA, FCA, ASIC & FMA.
- Trading Instruments: 80+
- Maximum Leverage: $50,000
- Assets: CFD’s, Commodities, Crypto CFD, Forex, Gold & Silver, Indices, Oil Trading
AXITRADER LIVE ACCOUNT | AXITRADER DEMO ACCOUNTS |
Open LIVE Account | Open DEMO Account |
> Expert Option ($10,000.00)
IQ Option process more than 1 MILLION transactions/day. Their intuitive trading platform is ideal for traders of all experience levels. IQ Option accepts traders from over 213 countries.
Note: “Binary options are prohibited in EEA”.
- Free Practice / Demo Account: $10,000
- Minimum Deposit: $10
- Minimum Trade: $1
- Trading Platforms: Custom-built Proprietary Platform
- Trading Instruments: 300+
- Trading Assets: Trade Stocks, Forex, Options, CFD’s Crypto,
- Demo: $10,000
EXPERT OPTION LIVE ACCOUNT | EXPERT OPTION DEMO ACCOUNTS |
Open LIVE Account | Open DEMO Account |
> IQ Option
IQ Option process more than 1 MILLION transactions/day. Their intuitive trading platform is ideal for traders of all experience levels. IQ Option accepts traders from over 213 countries.
“Binary options are prohibited in EEA”.
- Free Practice/ Demo Account: $10,000
- Minimum Deposit: $10
- Minimum Trade: $1
- Trading Platforms: Custom-built Proprietary Platform
- Demo Account: $10,000
- Trading Instruments: 300+
- Trading Assets: Trade Stocks, Forex, Options, CFD’s Crypto
IQ OPTION LIVE ACCOUNT | IQ OPTION DEMO ACCOUNTS |
Open LIVE Account | Open DEMO Account |
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