MetaTrader 4 demo account

An IG MetaTrader 4 demo account enables you to learn how to use MT4 in a risk-free and secure environment. No real funds are ever at stake, and you can use your virtual balance to gain confidence and develop an understanding of the markets.

Contact us on +971 (0) 4 5592108 or sales.ae@ig.com about opening an account. Our customer service team is available 24 hrs a day, except for Saturday from 1:00am to 11:00am (Dubai time).

Contact us: +971 (0) 4 5592108

Practise risk-free trading on MetaTrader 4

The IG MetaTrader 4 demo has the same layout as the live version of the MT4 platform, with four trading windows and over 80 markets to choose from.

You get $10,000 in virtual funds to trade however you like. You can deal on forex pairs, commodities, indices and cryptocurrencies. The wide variety of markets available on our MT4 demo account enables you to test your trading strategies, as well as gain a feel for one of the most popular online trading platforms in a risk-free way.

In addition, you’ll get access to the same free add-ons and indicators that you receive with a live account. These include indicators such as pivot points, order history and the Renko indicator. The add-ons include mini terminal, stealth orders and alarm manager, which all help you fully customise the MT4 platform.

Sign up for a demo account

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

Features of an MT4 demo account

  • $10,000 in virtual funds to help you get comfortable using MT4 and familiar with the financial markets
  • Live data to test out your strategies accurately and effectively with no risk
  • Access to Expert Advisors, which enable you to implement your trading strategies and automate your trading
  • Can be used on Windows, iOS or Android devices
  • 18 free indicators and add-ons from IG – the same as a full account – to let you get to grips using chart pattern indicators and technical analysis before opening a live account

Differences between an MT4 demo account and MT4 live account

  • Trades made on your MT4 demo account will not be subject to slippage, interest and dividend adjustments, or out-of-hours price movements
  • Trades may be rejected if you have insufficient demo funds to open them, but, unlike on a live account, will never be rejected on the grounds of size or price
  • You will not be charged for chart packages on a MetaTrader 4 demo account, but would be charged on a live account
  • Trades will not be closed if you have insufficient funds to cover margin and running losses, while trades could be closed in such a scenario on a live account

Upgrade to a live MT4 account

There is no way to change your MT4 demo account to a live IG MT4 account. Instead, you will need to create a separate live account. Fortunately, with IG this is a straightforward process.

First, go to our live account application form, create an account and login to the My IG dashboard on the IG site. Next, select ‘add another account’, and choose a MetaTrader 4 account for CFDs.

It’s important to bear in mind that while demo and live accounts are technically very similar, your state of mind when using each is likely to be very different. After all, when it’s real money on the line, the decision to open a new position will seem a lot more daunting, and the decision to close a lot more difficult.

There is more information on how to download MT4 with a live IG MT4 account on our download MT4 page.

FAQs

Are there any charges for an MT4 demo account with IG?

An IG MT4 demo account is completely free of charge. It gives you the opportunity to learn about trading on the MT4 platform in a risk-free way.

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.