You should open a demo trading account as it enables you to:

• Get to grips with your trading platform
• Build and practice strategies
• Grow your confidence

All without risking your real funds.

Demo trading accounts aren’t real trading accounts. However, ATFX has ensured that your simulation is a similar experience to trading a live account. The obvious difference is that your funds aren’t at risk.

The spreads you’ll see quoted, the speed of execution and the overall trading process is as close to live trading as we can make it. When you’re ready to move up to live trading it’ll be a seamless transition.

You can’t transfer money from demo to a live account because the funds aren’t real. You can’t fund your demo account with your actual funds either.

When you’re ready to start trading with real funds, you’ll need to open a live trading account.

Paper trading is a throwback to when traders would use paper to jot down their hypothetical trading thoughts and ideas. You’ll often see demo accounts described as “paper trading” accounts.

Your ATFX demo account will give you access to multiple financial markets and help you understand how they move.

It goes that one step better than paper trading because you get to practice how to:

• Navigate the platform
• Read and analyse price charts
• Fill in trade tickets correctly
• Monitor open positions

The Forex demo account you open with ATFX allows you to trade a selection of major and minor forex pairs with virtual funds. You’ll become familiar with the MT4 trading platform and get to grips with the complete process of executing FX trades. Therefore, when you’re ready to open a live account, you’ll be familiar with how to use your MT4 platform and how to use the features in the trading accounts we offer.

A CFD is a contract for difference. In your free CFD demo account, you can speculate on the outcome of the difference between the price when you open the trade, and the price when the transaction is closed. With the CFD trading option, you can trade a wide selection of securities such as equity indices, commodities and FX pairs.

A Forex demo account works by simulating real trading conditions with virtual money. Demo account allows users to buy and sell CFD products using fake money under real live market situations.

Accordion ContentYes, forex demo accounts are free as most trusted licensed brokers offer demo accounts to potential clients to allow them to practice trading without risking real money.

Demo accounts are the perfect way to start learning how to trade, getting yourself familiar with the trading platform and testing your trading  strategies.

You can’t withdraw money from a demo account because the funds are virtual. You can switch to a live trading account at any time.

Once you’ve traded on demo, the change to a live account is seamless. You simply click the “Create live account” button and follow the instructions.

First, you need to Download and Install MetaTrader 4

• Launch MetaTrader 4
• Open a Demo Account
• Select a Broker
• Enter Personal Details
• Choose Account Details
• Complete the Registration
• Log in to Your Demo Account & Start Practicing

Yes, Forex demo accounts can expire. The expiration period varies depending on the broker. At ATFX, the expiry date is after 90 days.