FXTM offers a demo trading account that allows you to become familiar with the trading platform without making a deposit. You can learn how to trade while testing your strategies. There's no risk involved as the funds you use are virtual and free. We provide Demo Accounts for Advantage or Advantage Plus.
Follow this guide to set up and start practicing with virtual funds:
- Log in to your FXTM Account > Click Profile > Switch to Demo Trading
- In the New Window, click "Set up demo account" at the bottom of the page.
- Select account type. If you want to create an MT4 Demo account, click "Looking for MT4 instead?"
- A USD Demo account with 1:500 leverage will be created for you by default.
- If you select an MT4 trading account, you will be asked to create a trading account password.
- If you select an MT5, you will be able to create a trading account password after account creation by clicking on the account number > Create MT password.
Note: The leverage on a demo account cannot be changed.
Note: You can have up to 10 demo trading accounts at a time. You can manage all your trading accounts from the Profile
Is a Demo Account free?
Yes, the Demo Account is free, with no charges or fees for opening and using the account.
Note: A trading account will be automatically closed if not used for 14 consecutive days.
