Many forex trading sites offer demo trading to get you started.
There is nothing wrong with this. The intention is to give you a chance to get to know how the site works. Every trading site has some symbols and indicators that are special to the site itself, and each site has a few idiosyncrasies, so working on the demo site for a bit helps you to get the basics down.
Broker | Our Rating | Description | Minimum Deposit | Regulation | Visit | |
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| $100 | Central Bank of | Visit Broker AVATrade ReviewT1 ROTW | Risk Warning: Your capital may be at risk | |
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| $5 | CySEC, IFSC, ASIC | Visit Broker XM Group ReviewROTW | Risk Warning: Your capital may be at risk | |
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| $10 | CySec | Visit Broker IQOption Review | Risk Warning: Your capital may be at risk | |
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| $1 | IFSC | Visit Broker FBS Markets. ReviewROTW | Risk Warning: Your capital may be at risk | |
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| $100 | ASIC, CySEC | Visit Broker Easy Markets ReviewT1 ROTW | Risk Warning: Your capital may be at risk | |
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| $5 | FSC | Visit Broker HF Markets Ltd. (HotForex) ReviewROTW | Risk Warning: Your capital may be at risk | |
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| €100 | FCA, CySec, ASIC : | Visit Broker Plus500 ReviewT1 ROTW | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
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| $100 | CySec | Visit Broker FXPrimus ReviewROTW | Risk Warning: Your capital may be at risk | |
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| $100 | CySec | Visit Broker Markets.com ReviewT1 ROTW | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
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| $1 | RAFMM, The Federal | Visit Broker InstaForex ReviewROTW | Risk Warning: Your capital may be at risk | |
![]() | 10 | Visit Broker OLYMP TRADE Review | Risk Warning: Your capital may be at risk |
You should, however, be careful to not assume that trading on the demo site is in any way practice for trading with your own money. Why not? It is simply too easy to make dangerous decisions with symbolic money on a demo site that you would not (or, at least, should not) dare to make when trading with your own funds.
On a demo site, you just let a trade hang in there until it goes bad. You wouldn’t take such a risk if you knew it might cost you a great deal of cash.
Doing symbolic trading induces bad habits, and takes the emotional edge off trading. Don’t make the mistake of using it instead of the real thing. Real forex trading is very tough, and it’s just not the same when there is no risk.
Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.
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