Best Trading Simulators In The UK 2025

Author - Christian Harris
Author
Christian Harris
Christian is a UK-based investment writer who's been actively trading an array of financial instruments for over 5 years. Having used most of the major brokers in the UK, Christian provides valuable insights on all things investing for British traders.
Editor - James Barra
Editor
James Barra
James is a UK-based writer and investor with consultancy experience at some of Britain's largest financial organisations. James authors, edits and fact-checks content for a row of investing websites.
Fact Checker - Michael MacKenzie
Fact Checker
Michael MacKenzie
Michael is a UK-based investment writer with over 10 years of experience in the journalism industry. Michael has critically evaluated many of the largest investment brokers in the UK, offering authentic insights.

Looking to sharpen your investing skills without risking a penny? Free trading simulators let you practice in live market conditions using virtual funds—no deposit needed.

We’ve tested the best trading simulators in 2025, ranking them based on available assets, market realism, backtesting tools, and how smoothly they transition to real-money trading.

Top Trading Simulators In The UK

Based on our hands-on tests, these are the best brokers with trading simulators:
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    Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.

    Instruments Regulator Platforms
    CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30
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    FXCC, a well-established brokerage since 2010, offers cost-effective online trading. Registered in Nevis and regulated by CySEC, it is distinguished by its ECN conditions and absence of a minimum deposit requirement. The account opening process is efficient, taking under five minutes.

    Instruments Regulator Platforms
    CFDs, Forex, Indices, Commodities, Crypto CySEC MT4, MT5
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:500
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    Founded in 1989, CMC Markets is a reputable broker publicly listed on the London Stock Exchange. It holds authorisation from top-tier regulators such as the FCA, ASIC, and CIRO. The brokerage, which has received multiple awards, boasts a global membership exceeding one million traders.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA Web, MT4, TradingView
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting FCA, ASIC, FSCA, VFSC ProTrader, MT4, MT5, TradingView, DupliTrade
    Min. Deposit Min. Trade Leverage
    $50 0.01 Lots 1:30
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    IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto ASIC, CySEC, FSA, CMA MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $200 0.01 Lots 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
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    Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.

    Instruments Regulator Platforms
    CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $100 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Founded in 1974, IG is a part of IG Group Holdings Plc, a publicly listed brokerage (LSE: IGG). The company provides spread betting, CFD, and forex trading, offering access to over 17,000 markets. Its platforms and investing apps are notably user-friendly. Over the past 50 years, IG has consistently been an industry leader, excelling in all essential areas for traders.

    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 Web, ProRealTime, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30 (Retail), 1:222 (Pro)
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    IC Trading belongs to the reputable IC Markets group. Designed for dedicated traders, it offers highly competitive spreads, dependable order execution, and sophisticated trading tools. However, it operates from Mauritius, an offshore financial centre, allowing high leverage but within a less regulated environment.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures FSC MT4, MT5, cTrader, AutoChartist, TradingCentral
    Min. Deposit Min. Trade Leverage
    $200 0.01 Lots 1:500
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    Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100.

    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

Safety Comparison

Compare how safe the Best Trading Simulators In The UK 2025 are and what features they offer to protect traders.

Safety Comparison
Broker Trust Rating FCA Regulated Negative Balance Protection Guaranteed Stop Loss Segregated Accounts
XTB 4.6
FXCC 3.3
CMC Markets 4.8
Vantage FX 4.6
IC Markets 4.6
Pepperstone 4.6
FXPro 4.4
IG Index 4.9
IC Trading 2.8
Eightcap 4.3

Payments Comparison

Compare which popular payment methods the Best Trading Simulators In The UK 2025 support and whether they have trading accounts denominated in British Pounds (GBP).

Payments Comparison
Broker GBP Account Debit Card Credit Card Neteller Skrill Apple Pay
XTB
FXCC
CMC Markets
Vantage FX
IC Markets
Pepperstone
FXPro
IG Index
IC Trading
Eightcap

Mobile Trading Comparison

How good are the Best Trading Simulators In The UK 2025 at mobile trading using apps or other mobile interfaces.

Mobile Trading Comparison
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
XTB iOS & Android 4.7 4.1
FXCC iOS & Android 4.8 4.4
CMC Markets iOS & Android 4.1 3.7
Vantage FX iOS & Android 3.6 3.9
IC Markets iOS & Android 3.1 4.2
Pepperstone iOS & Android 4.4 4.1
FXPro iOS & Android 4.7 4.3
IG Index iOS & Android 4.6 4
IC Trading iOS & Android 4.8 4.6
Eightcap iOS & Android 4.8 4.4

Beginners Comparison

Are the Best Trading Simulators In The UK 2025 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?

Beginners Comparison
Broker Demo Account Minimum Deposit Minimum Trade Support Rating Education Rating
XTB $0 0.01 Lots 4.3 3.8
FXCC $0 0.01 Lots 4.3 2.5
CMC Markets $0 0.01 Lots 4.5 4.3
Vantage FX $50 0.01 Lots 4.4 4
IC Markets $200 0.01 Lots 4.5 3.5
Pepperstone $0 0.01 Lots 4.6 4
FXPro $100 0.01 Lots 4 4
IG Index $0 0.01 Lots 4.5 5
IC Trading $200 0.01 Lots 2.8 2.2
Eightcap £100 0.01 Lots 4 3.5

Advanced Trading Comparison

Do the Best Trading Simulators In The UK 2025 offer features that allow for more advanced trading strategies?

Advanced Trading Comparison
Broker Automated Trading Pro Account Leverage VPS AI Low Latency Extended Hours
XTB Open API 1:30
FXCC Expert Advisors (EAs) on MetaTrader 1:500
CMC Markets Expert Advisors (EAs) on MetaTrader 1:30 (Retail), 1:500 (Pro)
Vantage FX Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader 1:30
IC Markets Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
Pepperstone Expert Advisors (EAs) on MetaTrader 1:30 (Retail), 1:500 (Pro)
FXPro Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:30 (Retail), 1:500 (Pro)
IG Index Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime 1:30 (Retail), 1:222 (Pro)
IC Trading Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:500
Eightcap TradingView Bots 1:30

Detailed Rating Comparison

Use this heatmap to compare our detailed ratings for all of the Best Trading Simulators In The UK 2025.

Detailed Rating Comparison
Broker Trust Platforms Mobile Assets Fees Accounts Support Research Education
XTB 4.6 4 4.4 4 4.3 4 4.3 4.1 3.8
FXCC 3.3 3.3 4.6 3 4 3.5 4.3 2 2.5
CMC Markets 4.8 4.3 3.9 4.6 4.3 4.5 4.5 4.5 4.3
Vantage FX 4.6 4.3 3.8 4.5 4.4 4.5 4.4 4 4
IC Markets 4.6 4 3.7 3.5 4.6 4 4.5 4 3.5
Pepperstone 4.6 4.4 4.3 3.8 4.4 4 4.6 4.3 4
FXPro 4.4 4.3 4.5 4 4 3.8 4 4 4
IG Index 4.9 4.9 4.3 4.5 3.5 4 4.5 4.9 5
IC Trading 2.8 4 4.7 3 4 3.5 2.8 3 2.2
Eightcap 4.3 4.3 4.6 3.6 3.8 4 4 3.5 3.5

Top Independent Trading Simulators In The UK

In addition to the top brokers offering built-in trading simulators, we’ve identified three standout third-party platforms worth exploring:

  1. TraderSync:TraderSync’s market replay simulator lets you relive past trades with synced journal data, and performed excellently during testing with a superb level of detail.
  2. Edgewonk: Edgewonk’s trade simulator projects future performance scenarios based on your historical data, helping you assess risk and optimize trading strategies.
  3. Trademetria: Trademetria’s PnL simulator allows you to run simulations on past trades, offering insights into performance metrics and aiding in short-term strategy development.

How Did Investing.co.uk Choose The Best Trading Simulators In The UK?

We verified that each platform offers a trading simulator or similar mode account accessible to UK users.

We then ranked these providers by their overall ratings following our hands-on testing and structured data capture process, which evaluates factors like usability, features, and FCA regulation.

What Is A Trading Simulator?

A trading simulator is a platform that replicates real market conditions using virtual funds. It lets you practice buying and selling financial instruments, such as stocks, forex, or crypto, without risking your money.

It’s designed to help you build skills, test strategies, and gain confidence before committing to live trading.

A trading simulator isn’t just for beginners—experienced traders, myself included, use them to stress-test strategies under unusual or high-volatility scenarios that rarely occur in live markets. This lets you prepare for unpredictable conditions without financial risk.

Although the terms trading simulator and ‘demo account‘ are often used interchangeably, there are essential differences that you should be aware of.

For UK investors, using both tools in sequence—starting with a simulator and transitioning to a demo—can offer a smart path toward confident, informed trading.

Trading Simulator vs Broker Demo Account

An independent trading simulator is standalone software or a web-based tool not tied to any specific broker.

Its main purpose is education and strategy development. Products like TraderSync, Edgewonk and Trademetria, which we’ve run hands-on tests on, offer a flexible environment for practising across various markets and trading scenarios.

Trading simulators often include features like historical data, market replays, and the ability to simulate different trading conditions, making them ideal for beginners and experienced traders looking to experiment or refine strategies.

Independent simulators often let you replay past market events—like the 2020 crash or 2022 rate hikes—so you can practice responding to real historical volatility. Broker demos rarely offer this, making independent tools better for learning how to trade through extreme conditions.

A broker’s simulator, often provided as a demo account, is designed to replicate the broker’s actual trading environment. It lets you get comfortable with the platform’s layout, tools, pricing structure, and execution speed.

While the range of assets may be more limited than an independent simulator, the data is typically pulled directly from live market feeds, providing a more accurate representation of what to expect when trading with real money.

The key difference lies in intent and flexibility. Independent simulators are neutral and focused on broad learning, while broker simulators are often part of a pathway toward opening a live account.

Many traders use independent simulators to test strategies in a sandbox environment, then switch to a broker demo to prepare for real execution.

Screenshot showing TradeNation's Simulator

TradeNation’s free simulator offers a user-friendly environment to practice trading

Pros And Cons Of Using A Trading Simulator

Pros

  • Trade with virtual money to build skills without risking capital
  • Test and improve strategies in various market conditions
  • Practice disciplined habits like stop-losses and risk limits
  • Get familiar with real market behaviour and UK trading hours
  • Build confidence in a safe, no-risk environment before going live

Cons

  • Simulators don’t recreate the stress of real money trading
  • Order fills are often too perfect, unlike live market execution
  • Easy wins can create overconfidence when going live
  • Independent simulators may not match your broker’s platform
  • Free versions often limit data, markets, or usage time

Key Factors To Consider When Choosing A Trading Simulator

When choosing a trading simulator, you must go beyond surface-level features and focus on what will prepare you for real-world trading.

Here are the key factors to consider, broken down with practical insights tailored to UK assets and investing needs:

Realism Of Market Data And Execution

A good simulator should closely mirror live market conditions. This includes realistic spreads, order execution speed, slippage, and price movements.

Ensure the simulator reflects London Stock Exchange (LSE) trading hours. Simulators with delayed or overly simplified data can give a false sense of confidence that won’t hold up in real markets.

Asset And Market Coverage

Choose a simulator that includes the asset classes you intend to trade. For UK users, this may mean looking for access to domestic equities such as Barclays, BP, and Tesco, as well as major GBP forex pairs like GBP/USD or GBP/EUR.

It’s also essential to ensure the simulator covers key indices such as the FTSE 100 and FTSE 250. If your strategy involves broader diversification, access to UK-listed ETFs or bonds can also be beneficial.

The wider the range of available instruments, the more effective the simulator will be in helping you develop a well-rounded trading approach.

Strategy Testing Tools (Backtesting & Replay)

A quality simulator should allow you to test your strategies against historical data (backtesting) and replay past sessions. This is vital for learning how your trades would have performed during real events, such as the Brexit referendum, Bank of England rate decisions, or UK inflation spikes.

Look for simulators that offer replay features at various speeds so you can analyse your reaction time and decision-making.

When I used TraderSync during testing, what stood out immediately was how detailed the trade journaling is—I could tag each trade by strategy, setup, or mistake. The platform automatically generated performance analytics over time.

Uploading trades from my broker was seamless, and seeing visual breakdowns of my win rate by time of day or asset helped me spot patterns I hadn’t noticed before. The simulator mode also lets me replay trades with annotations, which makes reviewing my decisions feel more like coaching than just logging.

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Christian Harris
Author

Customisation And Risk Management Settings

Simulating different account sizes, leverage ratios, and risk parameters is paramount. UK brokers must comply with FCA leverage caps, especially for retail clients (e.g., 1:30 for major forex pairs), so ensure the simulator lets you reflect realistic constraints.

You should also be able to set stop-loss, take-profit, and trailing stop strategies to train your risk discipline.

User Interface And Learning Curve

An intuitive interface matters. If a simulator is too complex or basic, it may not serve your learning goals. Ideally, the platform should feel similar to what UK brokers like IG, FxPro, or XTB provide.

A clean layout, access to charting tools (such as candlesticks and indicators like RSI or MACD), and easy order entry help mimic the live experience more effectively.

Mobile And Desktop Compatibility

Many traders use mobile platforms during commuting hours to track the overlap between London and New York. A trading simulator with desktop and mobile versions allows you to practice on the go, using the same environment as in real-life trading.

Cost, Access And Time Limits

Some simulators we’ve investigated are free, while others are time-limited or part of a subscription. If you’re testing over weeks or months, check whether the simulator restricts your access after a trial. Free simulators can offer great value, but make sure they don’t lock features behind a paywall.

Transition To Live Trading

Finally, think about your long-term plan. If you’re likely to open a live account, it helps if the simulator aligns with a broker you trust. Look for platforms where your progress, saved strategies, or preferences can carry over to a live UK-regulated trading account with minimal disruption.

By weighing these factors, you’ll choose a simulator that helps you learn the basics and gives you real-world preparation tailored to the UK trading landscape.

Bottom Line

The best trading simulators provide a risk-free way to gain hands-on experience and build confidence before trading with real money. They can help you practice strategies, understand market movements, and manage emotions without financial pressure.

By simulating real trading scenarios, you can refine your approach, test new ideas, and learn from mistakes—all in a safe, controlled environment. They’re an valuable tool for sharpening your skills and preparing for the live markets.

FAQ

Are Trading Simulators Free?

Many trading simulators are free, especially those that brokers offer as part of a demo account. These typically include real-time data and basic tools at no cost.

However, more advanced simulators—featuring historical data, backtesting, or multi-asset support—may require a subscription or a one-time fee. Always check for time limits or feature restrictions on free versions before committing.

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