What is forex demo trading?

Forex demo trading is a simulated trading experience that allows you to practice forex trading with virtual funds. This is a fantastic way to learn the forex market, experiment with trading strategies in a risk-free environment, and build your confidence before using real money.

Why trade with a forex demo account?

Practice makes perfect, and a VT Markets demo account provides the ideal environment to hone your forex trading skills before opening live account. With 90 days to explore our platforms and $100,000 in virtual funds, you can:

  • • Test your strategies: Experiment with different approaches without risking real capital.
  • • Master the platform: Become familiar with all the tools and features before diving into live markets.
  • • Explore new markets: Practice trading forex, indices, energies, precious metals, soft commodities, ETFs, shares and bonds to find your fit.

Build your confidence and be ready to conquer the markets — open your VT Markets demo account today!

Frequently Asked Questions.

  • 1.

    Is demo trading really necessary before going live?

    Just like learning to drive, forex trading requires practice before navigating the real world. A VT Markets demo account provides a safe, simulated environment where you can experiment with strategies, refine your skills, and gain valuable experience without risking real capital. This allows you to minimise risk and maximise your chances of success when you transition to live trading.

  • 2.

    Is demo trading free?

    Absolutely! Opening a VT Markets demo account is completely free. You will receive a virtual balance of $100,000 to trade with, allowing you to explore the platform and test your skills without any financial commitment.

  • 3.

    Can I make money with a demo account?

    No, you cannot directly make money with a demo account. The funds used are virtual and cannot be withdrawn. However, a demo account is an invaluable tool to help you develop the skills and knowledge necessary to potentially make money in the live markets. By honing your strategies and gaining experience in a risk-free environment, you will be better prepared to navigate the real forex market with a higher chance of success.

  • 4.

    How long should I use the demo account?

    VT Markets demo accounts are active for 90 days. This gives you ample time to familiarise yourself with the platform, experiment with different strategies, and develop your trading skills in a risk-free environment. There’s no pressure to switch to a live account immediately; use the demo for as long as you feel comfortable before taking the next step.

  • 5.

    What happens after my 90-day demo ends?

    No problem! Once your 90-day VT Markets demo expires, you can easily upgrade to a live account with a minimum deposit. This seamless transition allows you to leverage the knowledge and experience gained in the demo to hit the ground running in the real market. Plus, our extensive educational resources and dedicated support team are always available to guide you on your trading journey.