Online Trading: Demo Account
Online Trading: Practice with a Free Demo Account
Day Trading is a risky business but it can be learned and then it can become very rewarding and profitable. The easy and risk free way to start your learning experience is to use ‘virtual’ money and open a Demo account.
Most brokers will offer the demo account for a limited period of time, usually 30 days but there are few who will let you use your demo account for as long as you want – see list below.
We have compiled below a list and a brief review of popular brokers offering demo and real accounts for Australians. They allow you to open a free demo account and trade online ASX instruments such as ASX200 Future contracts, CFDs for ASX listed shares and ASX options, Forex and other international markets (index futures and CFD shares).
Risk Warning: Your capital is at risk. CFDs are leveraged products and can result in the loss of your capital.
PEPPERSTONE
FREE DEMO : 30 days
TRADING INSTRUMENTS: CFD service for 70+ currency pairs, precious metals, energy and top 14 international indices
TRADING PLATFORMS: MT4, Webtrader, cTrader, iPhone, iPad/Tablet, Android
EDUCATION: Advance technical analysis tools
Open Demo AccountPLUS500
FREE DEMO : Unlimited !
TRADING INSTRUMENTS: CFD service for Australian top 200 shares, top indices, global shares, FOREX, Commodities, EFTs, options in most popular indices
TRADING PLATFORMS: Proprietary trading platform Plus500, Webtrader, for iPhone, iPad, Apple Watch, Android, Windows 10 and Windows Phone
EDUCATION: Advance technical analysis tools
Open Demo AccountAVATRADE
FREE DEMO: 21 days
TRADING INSTRUMENTS: CFDs for FOREX, European and American shares, Bitcoin, Gold and Metals, Oil and Energies
TRADING PLATFORMS: MetaTrader 4, MT 4 Floating Spreads, proprietary platform AvaTrader (both web and mobile versions)
EDUCATION: Webinars, eBooks, Video Tutorials, Market Analysis, Economic Calendar
Open Demo AccounteasyForex
FREE DEMO: Unlimited; Trading Simulator also available for free
TRADING INSTRUMENTS: CFD services for FOREX, main global indices, metals, commodities and vanilla options
TRADING PLATFORMS: MetaTrader 4, web trading platform ‘Visual Trading Machine’
EDUCATION: Free trading signals, Personal coaching services, Videos, eBooks
Open Demo AccountXM.com
FREE DEMO : UnlimitedTRADING INSTRUMENTS: CFDs for Forex, precious metals, energies, global equity indexes
TRADING PLATFORMS: MetaTrader 4, FX Arena
EDUCATION: Research tools, trading signals, videos tutorials and webinars
ETX Capital
TRADING INSTRUMENTS: CFDs for Forex, precious metals, energies, global equity indexes
TRADING PLATFORMS: MetaTrader 4, FX Arena
EDUCATION: Research tools, trading signals, videos tutorials and webinars
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