DEMO TRADING ACCOUNT
Open an Alchemy Markets free demo account and start practicing your trading now!
Why Open a Demo Account
with Alchemy Markets?
The road to success begins with choosing a trading platform that fits your needs. With our free demo account, you can experience just how reliable and flexible our trading platforms are and access our entire product range. Place practice trades in live market conditions* with simulated funds. If you like what you see, you can transition to a live account seamlessly and start placing real trades right away.
With simulated funds and access to realistic market conditions*, test advanced trading tools and strategies. Whatever your trading approach, you can take the reins.
Get a Feel of Our
Our Demo Account provides the perfect environment to get a feel for our MT4 and MT5 platforms. Sign up and access our entire product range!
Wide range of
Trade 1000+ products in a risk-free environment with our demo account. Access the same price feed as our live accounts and find your favourite pairs.
Benefit from the same institutional liquidity and <10ms execution speeds as live accounts. Curate your portfolio and make changes anytime anywhere.
Trade Forex with
With the same tight spreads as our live feed, our demo accounts allow you to familiarise yourself with our trading platforms before going live.
On The Go
Test strategies while on the go with our demo account on the MT4 and MT5 mobile apps, available on iOS and Android.
What is a Demo Trading Account?
A demo account is a simulated trading environment that provides a trader with the opportunity to get a feel for the software, trading platforms, spreads, and costs associated with their broker. A demo account comes with virtual funds to allow traders to participate in trading live market conditions without any risk.
As such, demo accounts are an excellent way for traders to determine if trading is suitable for them. They also offer traders the opportunity to test-drive new tools and strategies and familiarise themselves with platform functions and features before executing live trades.
How to Open a Free Demo Trading Account with Alchemy MarketsTry out our trading platforms with a free demo account now.
Sign up for a free demo account and fill out our registration form.
Check Your Inbox
Receive your account details in the inbox of the email you provided us.
Activate Your Account
Activate your demo account and start trading your favourite products today.
Why Choose Alchemy Markets?
Tier-One Liquidity and Execution
Enjoy institutional liquidity from 20+ bank and non-bank LPs as a retail trader, and place trades with unrivalled execution speeds of <10ms.
Extensive Choice of Markets
Clients with open live accounts can access global markets instantly, including Forex, Stocks*, Crypto*, and more, via MT4, MT5, and FIX API.
Top Notch Customer Support
Expert support 24 hours a day Monday – Friday, with professional teams available through live chat, WhatsApp, Telegram, or over the phone.
Tight spreads, zero commission¹, no hidden fees, and 100% STP execution. Access customised pricing and liquidity based on trading volume.
Demo Trading Account
A demo account is connected to a live trading platform so that traders can gain access to accurate, live market conditions and make trades as they would on live accounts. However, demo accounts come with simulated funds with which traders can use instead of making deposits of real money, making trading entirely risk-free.
Demo accounts and live accounts are not the same. Though they both accommodate trading in live markets with complete access to platform tools and features, the key difference is that traders on demo accounts use simulated funds while traders on live accounts have to deposit real money before they can make trades.
Therefore, demo accounts are considered risk-free while live accounts are not. At the same time, profits accumulated in demo accounts cannot be converted into real money, while profits made in live trading are real and can be kept by the trader after commissions.
To open a free demo account to trade Forex or CFDs in MetaTrader 4 or 5, you simply have to sign up for a demo account on our website and install your desired trading platform on your desktop or mobile device. You can then run the platform and login using your account ID, your password, and our account server, which will be provided upon registration.
You gain access to our entire product range when you sign up for a demo account with us. You can trade Forex, Stock CFDs, Crypto CFDs, Index CFDs, and more. Whether you are looking for a Forex demo or want to exclusively trade CFDs, you can participate in your favourite markets globally.
Demo accounts are real in the sense that they grant traders access to live trading platforms so they can follow live market conditions. They are also designed to offer real-time price feeds and they provide the same functionalities and features traders would find with live accounts.
However, traders on our demo trading accounts should understand that simulated trades may not be subject to slippage, interest and dividend adjustments, margin calls due to insufficient funds, and other features. Therefore, traders should be aware of the full terms of our live accounts before opening one. You can find more information here, or under our 'Document's drop down at the footer of our website along with any other regulatory documents you would like to review.
No. Trades are executed with simulated funds on a demo account instead of real money. Therefore, any profits accumulated in a demo account are virtual and cannot be converted into real money.
Absolutely. You can use Expert Advisors (EA) alongside technical analysis tools and trading signals on the MT4 or MT5 demo platform when you trade on a demo account with us. You can also run automated strategies through our own Alchemy Markets Virtual Private Server (VPS) 24/7.
For sure. If you are happy with our trading platforms and want to start placing trades with real money, you can transition to a live account with us by signing up, verifying your identity, and depositing funds. From there, you will be able to access our entire product range and begin trading live with no restrictions.
At Alchemy Markets, we offer institutional execution speeds and liquidity, tight spreads, no or low commission, and other benefits, depending on your account tier. For more information, you can check out our account types.
*Our demo account provides a realistic trading environment that holds key differences from live trading conditions. Demo traders access demo liquidity, and trades made are not subject to slippage, interest, dividend adjustments, and more. Traders should ensure they are aware of these differences and can find more information regarding account features in our ‘Documents’ tab at the bottom of the page.