Forex Broker Demo Account Comparison

XM offers one of the most generous demo setups: unlimited duration, customisable balance ($1,000 to $5,000,000), multiple simultaneous demo accounts, and all account types available for trial. The only requirement is an email address. Demo accounts use live market data with real spreads. 90-day inactivity archival is the only limitation.

OANDA has the most flexible demo balance: customisable from $1 to $10,000,000, allowing traders to simulate their exact intended live deposit. Unlimited duration, live data, multiple accounts, and available on all three platforms including TradingView. The fxTrade demo mirrors the live environment precisely — position sizing, margin requirements, and order types are identical.

eToro Virtual Portfolio is integrated into the live platform — switch between real and virtual with one tap. Copy trading works on demo (copy real traders with virtual funds), making it one of the few demos that replicates the full live experience including social features. $100,000 virtual balance, live data, unlimited duration.

Not EU-eligible (CySEC entity closed to new EU clients since 2019). Exness demo covers all five account types — the widest account-type coverage in this comparison. Balance customisable up to $10,000,000. 180-day inactivity archival is the most generous grace period.

FxPro demo covers four platforms — MT4, MT5, cTrader, and the proprietary FxPro Platform. All account types available for trial. Customisable balance, unlimited duration. The FxPro Direct app has integrated demo mode for mobile testing. CySEC + FCA-regulated.

IG demo is unlimited and uses live market data across all platforms including ProRealTime (normally a premium feature). The $20,000 fixed balance is lower than most competitors but resets are available. Only Standard accounts are available on demo — no DMA or professional tier trialling. The IG Academy integrates directly with the demo for learn-then-practice workflows.

RoboForex (EU entity: RoboMarkets, CySEC 191/13) offers one of the broadest demo environments — four platforms (MT4, MT5, cTrader, R StocksTrader) and four account types. Customisable balance, unlimited duration, and multiple simultaneous accounts. The only unlimited demo offering cTrader alongside MetaTrader.

Capital.com demo integrates with the Investmate learning app for a combined learn-and-practice experience. Lower default balance ($10,000) than most unlimited demos, but resets are available. AI-powered insights work on demo — the platform analyses demo trading patterns and suggests improvements, making it genuinely educational rather than just a practice tool.

IC Markets demo covers all three platforms including cTrader. Customisable balance and multiple accounts. 30-day inactivity archival is shorter than XM (90 days) and Exness (180 days) — active use is expected. CySEC-regulated EU entity (IC Markets (EU) Ltd).

Trading 212 Practice mode is seamlessly integrated — toggle between real and practice with one button, no separate account needed. Live market data, customisable balance. The mobile-first design makes it one of the smoothest demo experiences for beginners. No separate registration required if you already have a live account.

FXTM demo covers all account types (Standard, ECN, Micro) — one of the few brokers allowing direct comparison of spread structures on demo before committing. Balance is customisable. Multiple simultaneous demos allowed. FCA-regulated; operates under RoboMarkets entity.

CMC Markets demo gives full access to the Next Generation platform including pattern recognition, client sentiment indicators, and Reuters news — features that require a live account at some competitors. $10,000 balance is modest but adequate for testing strategies. No expiry. The demo is also available via the CMC mobile app.

Not EU-eligible. Fusion Markets demo is generous for an ultra-low-cost broker — unlimited, three platforms, customisable balance. Both account types (Classic markup and Zero commission) available for comparison. ASIC-regulated.

Plus500 demo is straightforward — one platform, one account type, unlimited duration. The proprietary platform is simple enough that demo exploration is quick. No MT4/MT5 or advanced platform option. $40,000 fixed balance (not customisable). Best suited to beginners testing the Plus500 interface specifically.

Interactive Brokers "Paper Trading" is unlimited but requires full KYC (account application) — the only broker here where you cannot try the demo without identity verification. $1,000,000 default balance reflects institutional scope. Market data is delayed (15 min) unless you subscribe to live data feeds (paid). TWS paper trading environment is identical to live in functionality.

Tickmill offers the longest time-limited demo at 60 days — double the industry standard 30-day window. Balance customisable, multiple accounts, and both account types available. The longer window is particularly valuable for swing traders who need multiple market cycles to evaluate. CySEC + FCA-regulated.

Admirals demo is 30 days but more flexible than most time-limited demos: customisable balance, multiple account types, and re-creation via the Dashboard. The MetaTrader Supreme Edition plugin works on demo — unique among 30-day demos. CySEC/EFSA-regulated.

Eightcap demo covers three platforms including TradingView and both account types (Standard and Raw). $100,000 balance is generous for a 30-day demo. Capitalise.ai integration works on demo for automated trade ideas. CySEC + SCB-regulated.

FOREX.com (StoneX Group) demo is standard 30-day with three platforms including TradingView. $50,000 balance, live data. No customisation, no multiple accounts, no reset. Performance Analytics tool works on demo — analyses trading behaviour and suggests improvements. CySEC-regulated.

FXCM demo provides 30 days across three platforms including the proprietary Trading Station. $50,000 balance, live data. The FXCM Apps Store tools work on demo — automated strategies and educational indicators can be tested risk-free. FCA-regulated.

Swissquote demo reflects its Swiss banking positioning: CHF 100,000 balance, 30-day duration, three platforms. Standard account only. No customisation or reset. The Advanced Trader platform is available on demo — worth testing as it is proprietary to Swissquote. FINMA-regulated Swiss bank.

Not EU-eligible. Vantage demo covers three platforms and three account types — decent breadth for a 30-day demo. ProTrader (powered by TradingView) is included. $100,000 balance, live data.

XTB limits demos to 30 days — a deliberate funnel-to-live strategy. The generous $100,000 balance partly compensates, and the xStation 5 platform is polished enough that 30 days is sufficient for evaluation. No reset, no extension, no multiple accounts. The short window may pressure beginners to transition before they are ready.

AvaTrade has the shortest standard demo (21 days) in this comparison. Four platforms are available on demo, which partly compensates for the time pressure. $100,000 balance is generous but not customisable. The AvaProtect risk-management feature works on demo. CBI Ireland + CySEC-regulated.

Axi demo is MT4-only — the narrowest platform choice among 30-day demos. Both Standard and Pro accounts available. PsyQuation AI performance analytics works on demo, providing trade pattern analysis. 30 days, $50,000 balance. FCA + DFSA-regulated.

Equiti demo is minimal: single platform (MT5), single account type, 30 days, no customisation. $50,000 balance and live data are standard. CySEC-regulated EU entity. The demo is functional but unremarkable.

Saxo Bank has the shortest demo in this comparison (20 days) and uses delayed market data — the only broker here where demo prices do not match live. The Classic tier is the only one triallable (no Platinum or VIP). However, SaxoTraderPRO is included — the only place to test this desktop-grade platform without funding. Danish FSA-regulated.