Demo trading account

Try our award-winning platform for free and develop your CFD trading skills.

Practise trading with $10,000 virtual funds

Gain access to exclusive educational content on IG Academy

Test strategies on the go with our free mobile apps

Open a demo trading account

Try our award-winning platform for free and develop your CFD trading skills.

I’d like to receive information from IG Group companies about trading ideas and their products and services via email.

In order to activate your demo account you must submit a valid email address. By submitting your telephone number you are giving IG permission to contact you by phone with guidance regarding the use of your demo account. IG may also contact you with information about its products and services.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

What is a demo trading account?

A demo account is a simulated market environment offered by a trading provider that aims to recreate the experience of ‘real’ trading as closely as possible. This is so that you can get a feel for how different products and financial markets work. The main difference is you won’t be at risk of losing any money, so you can explore and experiment with confidence.

When you open a demo account with IG, you’ll be given immediate access to a version of our online platform, along with a pre-set balance of $10,000 in virtual funds to practise with.

Discover the differences between a live account and a demo account

Why use a trading simulator?

Traders will choose to use a trading simulator, such as a demo account, because it enables them to get to grips with a platform, build their strategy and grow in confidence, without having to risk any real money.

Trading simulators aren’t just for newcomers. Experienced traders often like to use demo accounts to try out new strategies, tools or ideas, safe in the knowledge that they won’t result in any real-world losses.

You’ll often see demo accounts described as ‘paper trading’, which is the term to describe simulated securities trading. However, with an IG demo trading account, you’ll gain access to over 16,000 markets, including:

As well as a range of other markets including bonds, rates and options.

FAQs

What can you do on a demo trading account?

A demo account will enable you to view the range of financial markets available to you with IG and get used to how they behave. You’ll be able to select the markets you want to keep an eye on and set alerts so you can react instantly to any price volatility. The demo account will also help you navigate the IG platform, ensuring that you can read and analyse price charts, fill in the deal ticket and monitor open positions.

Alternatively, if you’re interested in using more advanced software, we also offer an MT4 demo account. This enables you to build your understanding of the MetaTrader4 online trading platform in a risk-free environment.

Can I practise trading stocks and forex for free?

Yes, you can practise stock trading and forex trading for free with an IG demo account. There is no need to create a separate forex demo account or stock demo account, as you can trade both markets via a single login.

Can I practise CFD trading?

With an IG demo account, you can practise CFD trading in a risk-free way. This product uses leverage, which enables you to gain full market exposure for just a small initial deposit. While this can magnify your returns, it can also magnify your risk – making it important to get to grips with how they work before you start to trade on live markets.

What is the difference between a demo trading account, trading simulator and paper trading account?

There is no difference between a demo trading account, trading simulator or paper trading account. All of these terms are just synonyms for the same type of simulated trading platform.

All trading involves risk and losses can exceed deposits. Trading CFDs may not be suitable for everyone so please ensure that you fully understand the risks involved. All trading involves risk and losses can exceed deposits.