Day Trading Demo
Day trading demo accounts act as a practice simulator for live trading. Full demo accounts are available without a deposit, meaning day traders can explore platform features and test intraday strategies without handing over any money. The top demo day trading software also comes with extra perks, from free trading competitions to app compatibility and no time limit.
This review ranks the best demo accounts for online day trading in 2026. Our expert team also explain how demo brokerage accounts work, including any limitations and tips on getting the most out of day trading simulator software.
Best Day Trading Demo Accounts UK
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In our assessments, XTB’s demo accurately replicated its live xStation 5 platform, featuring over 5,000 assets like forex, indices, commodities, stocks, and crypto. Execution was rapid through CEC liquidity, with EUR/USD spreads starting at approximately 0.6 pips and minimal slippage. Setup required only an email, provided a $100,000 virtual balance, and the demo had no expiration.
Instruments Regulator Platforms CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC xStation Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
In our assessment, IG's demo account provided a $10,000 virtual fund. Execution was dependable with minimal slippage, and real-time market data was accessible. There is no time restriction. Setup required just an email, and users can replenish their virtual funds anytime. The platform is available via MT4, ProRealTime, L2 Dealer, and WebTrader. IG Academy also offered superb educational resources.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM, JFSA Web, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:222 (Pro) -
In our tests, Vantage's demo provided real-market ECN conditions through MT4/MT5/cTrader. EUR/USD spreads were between 0.0 and 0.2 pips, with a $3 round-trip commission. Execution was fast with minimal slippage. Setup required just an email, offered up to $500K in virtual funds, and never expired—ideal for realistic strategy development.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting FCA, ASIC, FSCA, VFSC, CIMA ProTrader, MT4, MT5, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $50 0.01 Lots 1:30 -
In our recent tests, Pepperstone’s demo reflected live spreads—EUR/USD averaged 0.1–0.3 pips with Razor accounts. Execution proved swift, with little slippage and over 1,000 assets available. The interface precisely mimicked the real trading environment. No personal information was needed, offering a 30-day trial with up to $50,000 virtual funds.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, BaFin, DFSA, SCA, CMA, SCB Pepperstone Trading Platform, MT4, MT5, cTrader, TradingView, AutoChartist Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas.
Instruments Regulator Platforms Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) FCA, ASIC, FSCA, SCB, FSA TN Trader, MT4 Min. Deposit Min. Trade Leverage $0 0.1 Lots 1:500 (entity dependent) -
Using Interactive Brokers' demo mirrored the live TWS platform, featuring global market access and advanced order types. Execution speed felt genuine, although fast-moving assets experienced slight slippage. Basic details were needed for setup. With a virtual balance of $1M, paper trading started post-account approval.
Instruments Regulator Platforms Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower Min. Deposit Min. Trade Leverage $0 $100 1:50 -
In our tests, Eightcap's demo account matched actual trading conditions with live pricing and execution. Accessible via MT4, MT5, and TradingView, it offers over 1,000 instruments like forex, indices, commodities, stocks, and crypto. Setup merely required an email, offering a $5,000,000 virtual balance for 30 days, extendable on request. Perfect for both novice and experienced traders seeking realistic practice.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities ASIC, FCA, CySEC, SCB MT4, MT5, TradingView Min. Deposit Min. Trade Leverage £100 0.01 Lots 1:30
XTB
IG
Vantage FX
Pepperstone
Trade Nation
Interactive Brokers
EightcapSafety Comparison
Compare how safe the Day Trading Demo are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| XTB | ✔ | ✔ | ✔ | ✔ | |
| IG | ✔ | ✔ | ✔ | ✔ | |
| Vantage FX | ✔ | ✔ | ✘ | ✔ | |
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| Trade Nation | ✔ | ✔ | ✘ | ✔ | |
| Interactive Brokers | ✔ | ✔ | ✘ | ✔ | |
| Eightcap | ✔ | ✔ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Day Trading Demo support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| XTB | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| IG | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| Vantage FX | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Trade Nation | ✔ | ✔ | ✔ | ✘ | ✔ | ✘ |
| Interactive Brokers | ✔ | ✔ | ✘ | ✘ | ✘ | ✘ |
| Eightcap | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Day Trading Demo at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| XTB | iOS & Android | ✔ | ||
| IG | iOS & Android | ✔ | ||
| Vantage FX | iOS & Android | ✘ | ||
| Pepperstone | iOS & Android | ✘ | ||
| Trade Nation | iOS & Android | ✘ | ||
| Interactive Brokers | iOS & Android | ✔ | ||
| Eightcap | iOS & Android | ✘ |
Beginners Comparison
Are the Day Trading Demo good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| XTB | ✔ | $0 | 0.01 Lots | ||
| IG | ✔ | $0 | 0.01 Lots | ||
| Vantage FX | ✔ | $50 | 0.01 Lots | ||
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| Trade Nation | ✔ | $0 | 0.1 Lots | ||
| Interactive Brokers | ✔ | $0 | $100 | ||
| Eightcap | ✔ | £100 | 0.01 Lots |
Advanced Trading Comparison
Do the Day Trading Demo offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| XTB | - | ✔ | 1:30 | ✘ | ✘ | ✔ | ✘ |
| IG | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | ✔ | 1:30 (Retail), 1:222 (Pro) | ✔ | ✔ | ✔ | ✔ |
| Vantage FX | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✘ | ✘ | ✘ |
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| Trade Nation | Expert Advisors (EAs) on MetaTrader | ✘ | 1:500 (entity dependent) | ✘ | ✘ | ✘ | ✘ |
| Interactive Brokers | Capitalise.ai, TWS API | ✘ | 1:50 | ✘ | ✔ | ✔ | ✔ |
| Eightcap | TradingView Bots | ✘ | 1:30 | ✔ | ✘ | ✔ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Day Trading Demo.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| XTB | |||||||||
| IG | |||||||||
| Vantage FX | |||||||||
| Pepperstone | |||||||||
| Trade Nation | |||||||||
| Interactive Brokers | |||||||||
| Eightcap |
Our Take On XTB
"XTB excels for novice traders with its superb xStation platform, minimal trading costs, no required deposit, and outstanding educational resources, many of which are fully integrated into the platform."William Berg
Reviewer
Pros
- XTB offers a superb array of educational resources, such as training videos and articles, embedded within the platform to assist traders of all experience levels.
- Top-notch customer support, available 24/5, includes a welcoming live chat with response times under two minutes during tests.
- XTB offers a diverse array of instruments, including CFDs on shares, indices, ETFs, commodities, forex, crypto, real shares, real ETFs, and share dealing, along with newly introduced Investment Plans. This allows XTB to serve both short-term traders and long-term investors efficiently.
Cons
- Trading fees are competitive, with average EUR/USD spreads of about 1 pip. However, they are not as low as the most affordable brokers, such as IC Markets. Additionally, an inactivity fee applies after a year.
- The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.
- It is frustrating that XTB products do not allow traders to modify the default leverage level. Manually adjusting leverage can greatly reduce risk in forex and CFD trading.
Our Take On IG
"IG offers a complete package: an easy-to-use web platform, top-tier beginner education, enhanced charting via TradingView, up-to-date data, and strong trade execution for seasoned traders."Tobias Robinson
Reviewer
Pros
- IG secured a crypto asset license from the FCA, enabling its return to the UK market. It now offers buying, selling, and storage services for over 55 digital tokens with fees starting at 1.49%, all under FCA regulation.
- IG excels with its diverse instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it provides US-listed futures, options, and an AI Index, ensuring varied diversification opportunities.
- The ProRealTime advanced charting platform remains free, provided traders meet modest monthly activity requirements.
Cons
- IG has ended its swap-free account, diminishing its attractiveness to Islamic traders.
- Beginners may find IG's fees complicated, as they vary depending on the trades or services. This could cause confusion and unexpected costs.
- In the UK and EU, negative balance protection is available. However, US clients lack account protection and guaranteed stop losses.
Our Take On Vantage FX
"Vantage is an ideal choice for CFD traders looking for a well-regulated broker with access to the dependable MetaTrader platforms. With a swift sign-up process and a minimum deposit of $50, starting trading is simple and fast."Tobias Robinson
Reviewer
Pros
- Vantage addresses the needs of passive investors through user-friendly social trading on ZuluTrade and Myfxbook.
- ECN accounts offer competitive terms, featuring spreads starting at 0.0 pips and a commission of $1.50 per trade side.
- With a minimal deposit requirement of just $50 and no funding fees, this broker stands out as an excellent option for novice traders.
Cons
- It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
- To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
- Regrettably, cryptocurrencies are accessible solely to clients in Australia.
Our Take On Pepperstone
"Pepperstone stands out as a top choice for trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/5 support (18h a day on weekends)."Tobias Robinson
Reviewer
Pros
- Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing and friendly agents knowledgeable about its products and trading tools.
- After adding spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools for financial spread bettors in supported countries.
- Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.
Cons
- Offers limited internal market research. They partner with third-party providers like Autochartist to fill this gap. This is a minor issue as there are plenty of other sources that can provide in-depth market analysis.
- Execution may not feel as reliable in fast markets as headline speeds suggest. In our own testing, execution was fast at desired prices, but some community complaints focus on slippage, stop-loss fills and spread-sensitive order triggers during volatile conditions.
- Overnight holding fees are higher than that found with some Market Maker brokers (usually Benchmark + 2.5%). This makes pepperstone an ideal broker for traders and forex scalpers but less suitable for swing traders who often keep position open overnight.
Our Take On Trade Nation
"Trade Nation is ideal for novice traders seeking diverse markets on an easy-to-use platform. It offers no minimum deposit, complimentary funding options, and robust educational resources."Tobias Robinson
Reviewer
Pros
- Global traders can use accounts in various currencies.
- Trade Nation, a highly regarded and well-regulated broker, was formerly known as Core Spreads.
- Access a comprehensive selection of investments through leveraged CFDs, enabling both long and short strategies.
Cons
- Reduced legal safeguards with an offshore entity.
Our Take On Interactive Brokers
"Interactive Brokers ranks highly for seasoned traders due to its robust charting platforms, live data, and bespoke layouts via the new IBKR Desktop app. Its competitive pricing and sophisticated order choices appeal to traders, and its wide equity options are industry-leading."Tobias Robinson
Reviewer
Pros
- A wide range of third-party research subscriptions, both free and paid, are available for traders. Additionally, by subscribing to Toggle AI, traders can receive commission rebates from IBKR.
- While initially targeting seasoned traders, IBKR has recently widened its appeal by eliminating its $10,000 minimum deposit requirement.
- Interactive Brokers has been awarded Best US Broker for 2025 by DayTrading.com. This accolade highlights its dedication to traders in the US, offering exceptionally low margin rates and access to global markets at minimal expense.
Cons
- IBKR offers a variety of research tools, but their inconsistent placement across trading platforms and the 'Account Management' webpage creates a confusing experience for users.
- Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.
- You are limited to a single active session per account, meaning you cannot use both your desktop programme and mobile app at the same time. This restriction can occasionally lead to a frustrating experience for traders.
Our Take On Eightcap
"Eightcap excels for traders, offering diverse charting platforms, educational Labs, and AI tools. With over 120 crypto CFDs, it stands out in crypto trading and has won our 'Best Crypto Broker' award twice consecutively."William Berg
Reviewer
Pros
- Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
- With spreads starting at 0 pips, minimal commission charges, and leverage up to 1:500 for select clients, Eightcap delivers affordable and flexible trading opportunities. These conditions suit various strategies, such as trading and scalping.
- In 2026, Eightcap integrated TradeLocker, distinguishing itself as the premier regulated broker for TradeLocker. It continues to offer ultra-fast execution and competitive fees for active traders on the charting platform.
Cons
- Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
- Eightcap must enhance its range of over 800 instruments to rival top competitors like Blackbull Markets, which offers 26,000+ assets, especially improving its limited commodities selection.
- The demo account is available for 30 days, after which it requires a request for extension. This is less convenient than XM's offering, which provides an unlimited demo mode.
What Is A Day Trading Demo Account?
Day trading demo accounts are offered by online brokers and allow users to practise investing risk-free with virtual funds. They simulate live market conditions, normally giving traders access to a brokerage’s full suite of assets, such as stocks, forex, commodities, and cryptos.
Traders can download the broker’s desktop investing software or iOS and Android mobile app, login and start exploring the various day trading tools available. Demo accounts for online day trading are also useful for testing different strategies and trade setups.
Leading demo day trading software, such as XTB, come with a virtual bankroll of around £100,000. After this has expired, traders can usually request more funds.
The best demo accounts for online day trading are available for an unlimited time. With that said, some brokerages only provide access to paper trading profiles for a fixed period, usually around 30 days.
Importantly, profits and losses made in a day trading demo account are not real. However, users can upgrade to a live day trading account when they feel ready and start investing real money.
Demo Trading Vs Live Trading
Day trading demo accounts often provide access to the same platforms, trading apps and financial instruments. For this reason, they closely mirror the live day trading experience.
With that said, there are a couple of key differences:
- Slippage – Trading spreads, commissions and swaps are usually the same on both demo day trading accounts and live investing software. However, live trades are executed in the market via liquidity providers while demo day trades are not – they take place on the server side. As a result, simulator accounts do not experience the slippage that can take place on live profiles (the difference between the price you request and the actual price the trade is executed at).
- Psychology – Demo day trading accounts do not factor in the trading psychology that comes with investing actual money. You won’t feel the same level of risk and pressure when trading with fake money. As a result, profits generated in demo day trading accounts often do not translate when investors upgrade to real-money profiles.
Pros Of Day Trading Practise Simulators
- Trial a new day trading broker, platform or app
- Practise online day trading in a risk-free environment
- Develop intraday trading strategies without risking funds
- Some brokerages run demo trading competitions with cash prizes
- Explore new financial markets and portfolio diversification opportunities
Cons Of Day Trading Practise Simulators
- Any profits generated cannot be withdrawn
- Day trading demo accounts do not account for slippage
- Brokers sometimes limit demo account access to a finite period and bankroll
- Software for online day trading cannot emulate the pressure of investing with real money
- Some demo accounts offer more competitive spreads and fees than those available in live accounts
How To Compare Day Trading Demo Accounts
Time Limit
Some brokers, such as eToro, offer an unlimited day trading demo account where you can invest in forex, stocks, commodities and other markets with no need to reset the account.
However, other brokers impose an expiry time on the demo account, typically around four weeks. For example, the IG UK demo accounts expire after 30 days. Alternatively, if you sign up with CityIndex, your day trading demo account will expire after 120 days.
Tip: you can often extend the time limit or reset the demo profile by contacting the broker.
Platform & App
Day trading demo accounts are ideal for practising with a new platform you have not used before. This is relevant whether you are using proprietary platforms such as with CMC Markets or popular third-party platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Day traders can test technical indicators, drawing tools, instant and pending order types, plus risk management parameters. Users can also customise graphs, charts and widgets so they are familiar with the interface and navigation when they start day trading with real money.
CMC Markets Demo Platform
Virtual Funds
Typically, you can expect paper trading accounts with several thousands of simulated currency. For example, CMC Markets demo accounts have £10,000, Pepperstone accounts have £50,000, and eToro accounts have £80,000.
Often, brokers will permit clients to either reset their funds or create another demo day trading account when funding drops below a certain threshold. For instance, Plus500 automatically resets demo accounts once the virtual funds drop to less than £200. For this reason, the amount of virtual funds provided is not the most important factor when evaluating day trading demo accounts.
Assets & Instruments
If you already have an idea of what you want to day trade and how, for example, forex CFDs, then check the broker offers these instruments before signing up for a demo day trading profile. CFDs, spread betting and binary options are all popular among day traders in the UK.
If you do not yet know what you want to trade, opt for a well-rounded brokerage that offers demo day trading on a range of markets, from stocks and shares to metals, energies, and forex. XTB is a good pick here with more than 2000 assets available.
Restrictions
It is worth checking that the day trading strategies you want to use are permitted. For example, some firms do not allow scalping and arbitrage.
Equally, if you are planning to day trade with leverage, check the rules and availability around trading on margin. For example, most FCA-regulated brokers can only offer leverage up to 1:30 to retail traders in the UK.
Sign Up Requirements
To register for a day trading demo account, brokers require clients to complete a few steps. Usually, this involves providing a name, email address and password, however, some online brokers ask for more detailed information which can delay the sign-up process. For instance, Pepperstone requires clients to sign up for a live account before they can access the demo day trading mode.
Note, the brokers with the best demo day trading accounts do not ask for payment details until you register for a live account.
How To Sign Up For A Demo Account
FXCC Demo Registration
The best brokers with day trading demo accounts make it easy to register for a practice profile:
- Go to the broker’s website or investing app
- Click on the ‘Sign Up’ or similar button
- Enter your name, email, contact number, password and any other information requested
- Choose the platform you want to use, for example, MT4 or MT5
- Select the type of day trading demo account (if applicable), for example, CFD, forex, stock
- Complete any verification steps, such as email confirmation or one-time mobile passcode
- Download the desktop software or mobile app. Alternatively, open the web terminal
- Sign in with your demo credentials and start day trading
Note, the top demo day trading accounts allow you to get set up and started in less than five minutes.
How To Upgrade To A Live Account
To switch to a real-money day trading account, you may need to provide additional information such as documents showing proof of identification and address. You will also need to make a deposit, taking note of any minimum transfer requirements.
The process of switching to a live day trading account may also vary between brokers. At eToro, for example, you only need to click the ‘Switch to Real’ button on the homepage, deposit funds and start trading. At CMC Markets, you need to submit an online form to customer support to request a live account. At Pepperstone, day traders must complete an appropriateness test to determine if they can trade derivatives.
Bottom Line On Day Trading Demo Software
Day trading with a demo account is one of the best ways to build up experience while testing a prospective broker’s instruments, platforms and tools. The top-rated day trading simulator profiles offer mobile app compatibility, trading contests and no time limit.
To get started, use our ranking of the best demo day trading accounts in the UK.
FAQ
Where Can I Practice Day Trading?
You can practise day trading using an online demo account, also known as simulator software. Often free, a demo account comes with virtual funds so you can test out day trading strategies without making a deposit. Importantly, profits generated in the demo account cannot be withdrawn. There may also be a time limit and cap on the virtual bankroll, often around 30 days and £10,000, respectively.
Should I Open A Day Trading Demo Account?
Day trading simulators can be an effective way to trial a potential broker before investing real funds. Paper trading profiles can also be used to test the features of a new platform or app, such as technical indicators, risk management tools, and order types. For day traders new to a volatile market, such as crypto, demo accounts for day trading can also be a helpful way to try a new strategy before risking real money.
Which Is The Best Demo Day Trading Account?
The best demo day trading account will depend on your requirements. With that said, look for simulator accounts with a long expiry (30 days+), a large bankroll (£10,000+), and full access to the broker’s suite of instruments and trading tools, such as MT4 and MT5. Alternatively, choose from our list of the top day trading accounts for UK investors.
Do Day Trading Demo Accounts Expire?
Some brokers, such as FXPrimus, impose an expiration or time limit on demo day trading accounts, often around the one-month mark. Other platforms, including Forex.com and City Index, offer a longer demo period of three months and four months, respectively.
Note, the best demo brokerage accounts can also be reset when the expiry period is over.
What Can I Trade Using A Day Trading Demo Account?
A range of markets is usually available on day trading demo accounts, including forex, commodities such as gold, stocks, indices and ETFs. The selection of trading vehicles will also depend on the brokerage but often includes CFDs. Some UK firms also offer demo spread betting and binary options trading.
How Do I Open A Day Trading Demo Account?
To open a day trading demo account you will need to go to your chosen broker’s website and navigate to the demo account sign-up page. You will typically need to input some basic contact information, including your name, email address and chosen password. Then, download the desktop software or mobile app from the broker – you should see download links on the brand’s website for the Android and iOS applications.
Note, if you already have a live day trading account, no additional registration is required. Instead, just log into your account and request a paper trading profile.