Online Trading: Practice with a Free Demo Account

Day Trading is a risky business but it can be learned and then it can become very rewarding and profitable. The easy and risk free way to start your learning experience is to use ‘virtual’ money and open a Demo account.

Most brokers will offer the demo account for a limited period of time, usually 30 days but there are few who will let you use your demo account for as long as you want – see list below.

We have compiled below a list and a brief review of popular brokers offering demo and real accounts for Australians.  They allow you to open a free demo account and trade online ASX instruments such as ASX200 Future contracts, CFDs for ASX listed shares and ASX options,  Forex and other international markets (index futures and CFD shares).

Risk Warning: Your capital is at risk. CFDs are leveraged products and can result in the loss of your capital.

PEPPERSTONE


FREE DEMO : 30 days

TRADING INSTRUMENTS: CFD service for 70+ currency pairs, precious metals, energy and top 14 international indices

TRADING PLATFORMS: MT4,  Webtrader, cTrader, iPhone, iPad/Tablet, Android

EDUCATION: Advance technical analysis tools

Open Demo Account

PLUS500   

FREE DEMO : Unlimited !

TRADING INSTRUMENTS: CFD service for Australian top 200 shares, top indices, global shares, FOREX, Commodities, EFTs, options in most popular indices

TRADING PLATFORMS: Proprietary trading platform Plus500 for desktopWebtrader,  for iPhone, iPad, Apple Watch, Android, Windows 10 and Windows Phone

EDUCATION: Advance technical analysis tools

Open Demo Account

AVATRADE

  FREE DEMO: 21 days

TRADING INSTRUMENTS: CFDs for FOREX, European and American shares, Bitcoin, Gold and Metals, Oil and Energies

TRADING PLATFORMS: MetaTrader 4, MT 4 Floating Spreads, proprietary platform AvaTrader (both web and mobile versions)

EDUCATION: Webinars, eBooks, Video Tutorials, Market Analysis, Economic Calendar

Open Demo Account

 

easyForex

FREE DEMO: Unlimited;  Trading Simulator also available for free

TRADING INSTRUMENTS: CFD services for FOREX, main global indices, metals, commodities and vanilla options

TRADING PLATFORMS: MetaTrader 4, web trading platform ‘Visual Trading Machine’

EDUCATION: Free trading signals, Personal coaching services, Videos, eBooks

Open Demo Account

XM.com

FREE DEMO : Unlimited

TRADING INSTRUMENTS: CFDs for  Forex, precious metals, energies, global equity indexes

TRADING PLATFORMS: MetaTrader 4, FX Arena

EDUCATION:  Research tools, trading signals,  videos tutorials and webinars

Open Demo Account

 

ETX Capital

TRADING INSTRUMENTS: CFDs for  Forex, precious metals, energies, global equity indexes

TRADING PLATFORMS: MetaTrader 4, FX Arena

EDUCATION:  Research tools, trading signals,  videos tutorials and webinars

Open Demo Account

 

Risk Warning: Your capital is at risk. CFDs are leveraged products and can result in the loss of your capital.