Your free ATFX demo account is an excellent starting point on your trading journey. For new traders, opening a demo account is the recommended first step before you fully commit to opening a live account.
Your free ATFX demo account is an excellent starting point on your trading journey. For new traders, opening a demo account is the recommended first step before you fully commit to opening a live account.
A demo trading account is a simulated trading environment. It allows you to become familiar with the online trading process. In your ATFX demo account, you’ll have a $50,000 virtual balance, enabling you to explore and experiment with various trading concepts.
You can trade forex, indices and commodities in a safe environment where you’re not committing or risking any real money.
An online demo account helps you navigate the MT4 platform. You will become familiar with analysing price charts, watching markets move, filling in a trade ticket and decision making.
Opening a demo trading account is easy, simply provide a few basic details and you’ll be sent login details immediately. You don’t have to provide more information until you’re ready to switch to a live trading account.
You use a trading simulator account the same way you use a live trading account. A simulator account is an alternative name for a demo account and has identical features to a live environment.
If you’re building a forex trading plan with various strategies in it, then a demo account provides the perfect opportunity to experiment with your trading concepts. Especially before you commit your real money. What it will give you is plenty of practice to find all the features you need to trade.
As a novice trader you’ll have many queries regarding both the demo account opening and the trading process. We’ve put together a short FAQ section which should answer the most common questions.
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.
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.
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.
If you’re ready to begin practicing and developing your trading skills, while experimenting with various methods and strategies, then click here to open your free demo account with ATFX today.
ATFX is a co-brand shared by a group of entities including:
AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
HIGH RISK INVESTMENT WARNING: Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please read the full Terms of Business.
Restricted Regions: AT Global Markets LLC does not provide services to residents of certain countries, including but not limited to Canada (Provinces of British Columbia, Quebec, and Saskatchewan), Japan, Democratic People’s Republic of Korea (DPRK), Iran and United States of America (USA), or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.