To access the FxPro demo accounts, you need to complete the registration form and provide us with some information, however, you do not need to upload verification document(s) or fund until you are ready to trade live.
A real account will be automatically created upon completion but to activate it, we will need to verify your identity and may need to confirm some additional details with you. In the meantime however, you can immediately open a demo from the ‘Accounts’ page in FxPro Direct, allowing you to utilise risk-free trading and bringing you one step closer to the start of your trading journey.
Opening a demo account through our FxPro mobile app is the perfect option, as after completing the registration, you can immediately start using the demo account, within the very same app!
A trading demo or simulation essentially allows you to experience the market and platform features, using virtual funds and therefore without risk.
New to trading? Our free demo forex accounts will allow you to practise and hone in your trading skills risk-free until you feel confident enough to trade live.
You can also make use of it as an experienced trader if you want to test different trading strategies.
Although demo accounts present real market conditions and prices, please keep in mind that they are simulations and cannot always reasonably reflect all of the market conditions as during highly volatile or illiquid periods (e.g. market openings, news announcements) they may not behave in the same manner as live accounts.
Margin and leverage settings may vary between your demo and live account and you should not expect any success with the Demo Account to be replicated in your live trading.
For this reason, it is strongly recommended that demo accounts are viewed solely as a learning tool for inexperienced traders or a place for testing new trading strategies.