MetaTrader 4 demo account

An IG Bank 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.

Call +41 (0) 58 810 77 42 to talk about opening a trading account. We’re here from Monday to Friday from 9am to 6pm.

Contact us: +41 (0) 58 810 77 42

Practise risk-free trading on MetaTrader 4

The IG Bank 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 CHF 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 MT4 demo account


By clicking Sign up for your demo you agree to the terms of our access policy and you are giving representatives from IG (both from IG Bank S.A. and other companies within the IG group which may exist in other countries) permission to contact you by phone or by email with guidance regarding the use of your demo account. IG may also contact you with information about its products and services. You hereby waive the benefit of Swiss banking secrecy in this respect. Confidentiality of your personal data will be ensured throughout the group, regardless of the location of specific group companies.

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

  • CHF 20,000 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 Bank – 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 Bank MT4 account. Instead, you will need to create a separate live account. Fortunately, with IG Bank 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 Bank 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 Bank MT4 account on our download MT4 page.

FAQs

An IG Bank 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.