* Trading is risky. Your capital is at risk
Why a Practice trading account?
No risk trading
True to market
Test strategies
Award-winning support
Learn to trade with FXTM
Practice trading risk-free
Practice trading forex under real market conditions with our forex demo account. Learn how prices change, protect your trades using tools like Stop Loss, and build confidence for live trading.
It's also a good opportunity to get to know your trading platform. MetaTrader offers a range of indicators and timeframes designed to allow you to monitor the markets, and these can take a bit of getting used to.
By the time you're ready to move to live trading, you'll be confident to start using real money.
And if you get stuck at any point or have any questions, our dedicated Customer Support team are always happy to help.
Discover our other accounts
Our trading platforms
Take your trading on-the-go with the FXTM App and discover seamless mobile trading anytime, anywhere.
Or trade on desktop with easy position monitoring, account management, and trading enabled by MetaTrader.
App
The FXTM App offers seamless trading in the palm of your hand with real-time signals and one-tap trading. Available on Android and iOS.
MT4
The industry favourite trading platform, MetaTrader 4 is ideal for beginners, Forex, and CFD traders worldwide.
MT5
MetaTrader 5 offers all market access and comes loaded with more advanced trading analysis and charting options.
Open a trading account
In three easy steps
Frequently asked questions
A Practice account (also known as a forex demo account) is an account that lets you practise trading without risking any of your own money, as you'll be using virtual funds.
It offers exactly the same tools and features as a live trading account, and you'll be trading under real-market conditions.
Most of what you can do on a live trading account, you’ll be able to action on a Practice account.
You can open and close positions, adjust order types and choose from hundreds of different financial instruments. The trading platform works the same way too - the only difference is that the funds you're trading with are not real.
The features, conditions and tools are the same on a Practice account and live account. The only difference is that you're trading with virtual money, so there's no risk involved for you.
Stock CFDs are not available on the Practice account. Once you've moved to live trading though, there are thousands of different stocks for you to access, and you'll still benefit from experimenting with other instruments before.