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27 Best Forex Demo Accounts

 

Best Forex Brokers with Demo Accounts

 

 

A demo account is offered by some Forex brokers in order to allow new traders to test out the trading platform and features before signing up for a live trading account.

In this comprehensive review, we explore the 27 best trading demo accounts which can be opened in 2020.

 

 

A demo account also allows beginner traders to practice the various aspects of forex in a fully risk-free environment, as these accounts come funded with virtual currency which can be used to trade on real market conditions.

 

Here are our 10 Best Handpicked Forex Broker Demo Accounts.

 

Let’s get started with the full breakdown of the forex demo accounts:

 

 

GKFX

 

Overall Rating

4.3/5

Rated #422 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

MFSA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

42

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

GKFX is an online forex broker based in Malta that operates as a brand name of AKFX Financial Services Ltd. The broker is regulated by the Malta Financial Services Authority.

Traders with GKFX have access to over 600 tradable products including FX, CFDs, Commodities, Equities, and Indices. The broker uses a client-centric approach in all of its operations and provides a reliable user experience across all of its advanced platforms.

 

Pros and Cons

✔️Pros

 

Wide range of analytical tools available

Wide range of tradable assets

Excellent customer support

❌Cons

 

No EAs or social trading is available

A limited number of trading platforms

 

Features

Feature Information
Regulation FSCS
Minimum deposit from $20
Average spread from 1.5 pips
Commissions from None
Deposit/Withdrawal Fees None
Maximum Leverage 1:30
Bonuses $55 No Deposit Bonus
Customer Support 24/5

 

City Index

 

Overall Rating

4.7/5

Rated #226 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA, ASIC, MAS

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

65

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

The City Index demo account comes funded with up to GBP 10 000 in virtual currency and is available for 12 weeks for full access to the broker’s advanced trading features.

City Index has become immensely popular for its advanced analytical tools, excellent customer service, and competitive spreads, while both beginner and advanced traders will find a highly supportive trading environment.

As a division of GAIN Capital, City Index is backed by years of industry experience and is well-equipped to offer traders a safe and secure trading environment.

 

Pros and Cons

✔️Pros

 

Advanced trading features

Low trading fees

No minimum deposit requirement for those funding their account with bank transfers

❌Cons

 

No trade volume discounts

Limited research tools

The demo 12 week period would not be sufficient training for extremely novice traders

 

Features

Feature Information
Regulation FCA, ASIC
Minimum deposit from $100
Average spread from 1.5 pips
Commissions from ‎$3
Deposit/Withdrawal Fees None
Maximum Leverage 1:200
Bonuses Deposit Bonus
Customer Support 24/6

 

IG Group

 

Overall Rating

4.8/5

Rated #38 of 
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF.

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

80

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Overview

IG Group has become immensely popular with traders of all styles, experience levels, and trading strategies, with a fully rounded offering that suits the needs of most clients in 2020

As such, IG Group has built a solid reputation as one of the most well-regulated and secure brokers in the industry.

The broker offers four advanced trading platforms, however, only two of these can be tested on the demo account, which is only available for a period of 30 days.

That said, the broker’s core platform, which is the most popular in its suite of offerings, is available as a demo version.

 

Pros and Cons

✔️Pros

 

Excellent customer support

Advanced suite of technical indicators

The secure and well-regulated trading environment

❌Cons

 

A demo account is only available for 30 days, and not all platforms can be tested

Limited range of currency options

 

 

Features

Feature Information
Regulation FCA, FSCA
Minimum deposit from No minimum deposit
Average spread from Variable
Commissions from £3.00 – £8.00 per trade for all types of assets
Deposit/Withdrawal Fees None
Maximum Leverage 1:200
Bonuses None offered
Customer Support 24/6

 

ThinkorSwim

 

 

Overview

ThinkorSwim provides an advanced and highly navigable trading platform, with access to state-of-the-art research capabilities with over 300 analytical tools, indicators, and charting capabilities.

First-time clients can gain unlimited access to these advanced trading capabilities on a free demo account that can be used for up to 60 days.

The demo account is an excellent practice feature as it presents a perfectly simulated trading experience of the ThinkorSwim trading environment, leaving you fully equipped to take full advantage of your live trading account at a later stage.

 

Pros and Cons

✔️Pros

Excellent customer support

Ultra-fast trade executions

Comprehensive educational offering

A superb suite of advanced trading tools

 

❌Cons

 

 

 

Features

Feature Information
Regulation SEC, FINRA
Minimum deposit from $ 2000
Average spread from 1.06 pip
Commissions from $6.95
Deposit/Withdrawal Fees $25 for bank transfers
Maximum Leverage 1:50
Bonuses $2 500 Deposit Bonus
Customer Support 24/5

 

ThinkForex

 

Overview

ThinkForex provides access to over 35 of the most popular currency pairs which can be traded on two advanced trading platforms.

Prospective clients of ThinkForex can gain access to these trading features on the ThinkMarkets free demo account, and take full advantage of the broker’s advanced suite of analytical tools.

 

Pros and Cons

✔️Pros

Excellent customer support

Streamlined account opening process

❌Cons

Not much in the way of educational resources for beginner traders, apart from the demo account

 

 

Features

Feature Information
Regulation ASIC
Minimum deposit from $250
Average spread from 1.2 pips
Commissions from $3.5 per side
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses $500 Sign Up Bonus
Customer Support 24/6

 

FXCM

 

Overall Rating

4.6/5

Rated #26 of
Recommended FX Brokers

💰Minimum Deposit

USD 300

🌐 Regulators

FCA, FSCA

📱 Trading Desk

MetaTrader 4, Trading Station

Crypto

Yes

📈 Total Pairs

7

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

FXCM provides traders with access to contract for difference (CFDs) on major indices and commodities such as gold and crude oil and is based in London.

The broker offers a great environment for beginner traders with a range of educational resources.

The demo account is structured in such a way that allows beginners to easily learn forex trading and for advanced traders to test new strategies in a risk-free environment.

 

Pros and Cons

✔️Pros

 

Excellent educational resources for beginner traders

Low minimum deposit requirement

Advanced research tools

Excellent customer support

❌Cons

 

No Web Trader option available for trading platforms

Rudimentary mobile trading platform

Limited product portfolio

 

Features

Feature Information
Regulation FCA, ASIC, ACPR, FSP
Minimum deposit from $50
Average spread from 1.3 pips
Commissions from £4 per standard round-turn lot (£2 per side)
Deposit/Withdrawal Fees None
Maximum Leverage 1:400
Bonuses $20 Welcome Bonus
Customer Support 24/5

 

EasyMarkets

 

Overall Rating

4.9/5

Rated #18 of
Recommended FX Brokers

💰Minimum Deposit

$100

🌐 Regulators

CySEC, ASIC, BVI, FSA

📱 Trading Desk

MetaTrader 4, TradingView

Crypto

Yes

📈 Total Pairs

275+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Overview

EasyMarkets provides access to a broad range of trading capabilities and provides a trading environment that is highly conducive to beginner traders.

As such, the broker offers a fantastic educational and training offering, backed by highly a responsive customer support team that can be contacted in numerous ways, from a live chat option to WhatsApp.

The broker’s demo account provides a highly simulated trading environment, with a handy ‘deal cancellation’ feature that allows users to cancel losing trades.

 

Pros and Cons

✔️Pros

 

Highly simulated demo environment

Responsive and professional customer support

❌Cons

 

The Proprietary Deal Cancellation feature is not available on the MetaTrader 4 platform

 

Features

Feature Information
Regulation CySEC
Minimum deposit from $100
Average spread from 0.9 pips
Commissions from None
Deposit/Withdrawal Fees None
Maximum Leverage 1:400
Bonuses $25 Sign Up Bonus
Customer Support 24/5

 

Markets.com

 

Overall Rating

4.7/5

Rated #206 of
Recommended FX Brokers

💰Minimum Deposit

$100

🌐 Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

📱 Trading Desk

MetaTrader 4

MetaTrader 5

Markets.com propietary platform

Crypto

Yes

📈 Total Pairs

67

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Markets.com has become immensely popular for its access to broad-ranging CFD trading, commodities, cryptocurrency, and over 70 currency pairs, which can all be traded commission-free.

The Markets.com demo account stands out for the fact there is no expiry date on its use, even if you become inactive for a while, and it can be used to test all of the broker’s accounts and features.

 

Pros and Cons

✔️Pros

 

Commission-free trading

Low minimum deposit

Tight, fixed spreads

Wide range of tradable assets

 

❌Cons

 

Customer support can be slow

The best trading conditions are only available on the Pro Account

 

Features

Feature Information
Regulation CySEC, FCA, ASIC, FSC, FSCA
Minimum deposit from $100
Average spread from 1.9 pips
Commissions from 1%
Deposit/Withdrawal Fees None
Maximum Leverage 1:300
Bonuses $25 No Deposit Bonus
Customer Support 24/5

 

AxiTrader

 

 

 

Overview

The AxiTrader demo account provides real-time data when executing trades, which is available from both the broker’s analysis and from industry feeds. These conditions result in a comprehensive training environment that simulates real-time trading conditions.

This free demo account comes funded with up to $50 000 in virtual currency to practice trading on the highly popular MetaTrader 4 platform.

While the demo account is only available for 30 days, this period can be extended on request from the customer support team.

 

Pros and Cons

✔️Pros

 

Comprehensive educational environment

Excellent customer support

❌Cons

 

Limited range of currency pairs

The demo is only available for 30 days, which may not be enough training time for beginners

 

Features

Feature Information
Regulation ASIC, FCA, DFSA
Minimum deposit from No minimum deposit
Average spread from 1.24 pip
Commissions from  $ 7 commission charged per round
Deposit/Withdrawal Fees None
Maximum Leverage 1:400
Bonuses 20% Deposit Bonus
Customer Support 24/5

 

FBS

 

Over 16 000 000+ Traders

Overall Rating

4.7/5

Rated #71 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

IFSC, FSCA (south africa), ASIC, CySEC

📱 Trading Desk

MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading platform

Crypto

Yes

📈 Total Pairs

250

☪️ Islamic Account

No

📊 Trading Fees

Low

Welcome bonus

$140 (Find out More)

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

FBS

 

Overview

FBS offers an impressive range of 5 different account types, which can be traded on a risk-free demo version with no requirement to convert to a live trading account if you do not wish to.

FBS has become very popular for its comprehensive trading environment and its broad access to some of the most popular asset classes and has become favored by 12 million traders from over 190 countries.

 

Pros and Cons

✔️Pros

 

Low minimum deposit

Comprehensive educational and research tools

Well regulated, with investor compensation

❌Cons

 

Wider than average spreads

 

Features

Feature Information
Regulation ASIC, FCA, DFSA
Minimum deposit from $1
Average spread from 0.0 pips
Commissions from  None
Deposit/Withdrawal Fees $1
Maximum Leverage 1:3000
Bonuses $100 Deposit Bonus
Customer Support 24/5

 

HYCM

 

Overall Rating

4.5/5

Rated #36 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

69

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Overview

HYCM offers access to a wide range of currency pairs, as well as CFDs on indices, metals, energy products, commodities like cotton and sugar, and stocks, which can all be conveniently traded from a single, integrated trading account.

As such, this compelling trading environment has attracted over 30 million traders to date, and the broker has garnered numerous industry awards.

The broker offers a free demo account that comes funded with $50 000 in virtual currency but is only available for two weeks which is an extremely limited time in which to get the full measure of the broker’s offering.

 

Pros and Cons

✔️Pros

 

Very easy account opening process

Ultra-fast execution speeds

No minimum deposit

Access to a wide range of instruments

❌Cons

 

Limited platform options

 

Features

Feature Information
Regulation FCA, CySEC, DFSA, CIMA
Minimum deposit from $100
Average spread from 1.8 pips
Commissions from $4 per round turn on Raw account only
Deposit/Withdrawal Fees $30 for wire transfer un $300
Maximum Leverage 1:200
Bonuses 25% Deposit Bonus
Customer Support 24/5

 

Forex.com

 

Overall Rating

4.7/5

Rated #231 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA, CySec 

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

50

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Overview

Forex.com is a great all-rounder for traders of various styles and experience levels. The brokers provide a wide range of currency pairs that can be traded on an advanced platform, along with comprehensive and free educational materials from the broker’s website.

As part of the broker’s emphasis on offering a comprehensive training environment, Forex.com offers a free demo account funded with $50 000 in virtual currency.

This demo account is perfect for beginner traders and for advanced traders who are already registered with the broker and simply want to try out new trading strategies in a risk-free environment.

 

Pros and Cons

✔️Pros

 

Low trading fees for forex

Low minimum deposit

Wide range of available currency pairs

 

 

❌Cons

 

Limited asset portfolio

Slow account verification

Features

Feature Information
Regulation FCA, CIMA
Minimum deposit from $50
Average spread from 1 pip
Commissions from Commissions on the commission account only
Deposit/Withdrawal Fees None
Maximum Leverage Variable dependent on instrument traded
Bonuses 20% Welcome Bonus
Customer Support 24/5

 

Pepperstone

 

Overall Rating

4.9/5

Rated #10 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

📱 Trading Desk

MetaTrader 4, MetaTrader 5 and cTrader, TradingView

Crypto

Yes

📈 Total Pairs

1000+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Overview

The free demo account from Pepperstone can be used to test both of the broker’s trading platforms, as well as the full range of available live trading accounts.

The demo account is funded with $50 000 of virtual currency but is only available for a period of 30 days, and while the sign-up process is rather lengthy it means that all your details are already on record for an easy sign-up process on a live trading account.

 

Pros and Cons

✔️Pros

 

No minimum deposit

Low trading fees for forex

No added costs for withdrawals or deposits

 

❌Cons

 

A limited number of instruments

No additional research tools

 

 

 

Features

Feature Information
Regulation FCA, ASIC
Minimum deposit from AUD200
Average spread from 0.4 pips
Commissions from ‎$3.76 commission per lot per trade
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses None
Customer Support 24/5

 

Oanda

 

Overall Rating

4.9/5

Rated #194 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

FCA, CFTC, ASIC, FSC, BVI and IIROC

📱 Trading Desk

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

Crypto

Yes

📈 Total Pairs

45 

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Overview

Oanda offers an advanced and highly navigable trading platform, and the broker has developed an excellent standing within the industry for its secure trading environment.

Traders can sign up for a live trading account with Oanda with no minimum deposit, while the free demo account comes funded with unlimited virtual currency which is available at $100 000 at a time.

This results in a wonderful training environment as you can execute any number of trades.

 

Pros and Cons

✔️Pros

 

User-friendly trading platform

Low minimum deposit

Low trading fees

 

❌Cons

 

Lack of decent customer service

High withdrawal fees

Limited instruments for forex and CFDs

 

 

Features

Feature Information
Regulation FCA, RFED
Minimum deposit from None
Average spread from 1.6 pips
Commissions from $0.01 USD per trade
Deposit/Withdrawal Fees None
Maximum Leverage 1:100
Bonuses None
Customer Support 24/5

 

CMC Markets

 

Overall Rating

4.7/5

Rated #227 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

FCA, ASIC

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

300

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

CMC Markets is a leading forex broker which offers a demo account that can be traded for as long as suits your needs, as it has no expiry date.

Using this free demo account, prospective traders can access the advanced capabilities of the broker’s Next Generation platform, which also features a fantastic mobile app for access to an impressive range of almost 10 000 instruments.

 

Pros and Cons

✔️Pros

 

An extremely broad range of tradable instruments

Unlimited period on the demo account

No minimum deposit

 

❌Cons

 

The lengthy account verification process

High withdrawal fees

Inactivity fee

 

Features

Feature Information
Regulation FCA
Minimum deposit from None
Average spread from 0.7 pips
Commissions from $10
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses $250 Referral Bonus
Customer Support 24/5

 

eToro

 

Overall Rating

4.8/5

Rated #20 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

CySec, FCA 

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

47

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

 

 

Overview

eToro is a leading online forex broker which has become very popular for its user-friendly copy trading software that allows users to copy the best trades for over 1 900 instruments, including CFDs and cryptocurrencies.

The eToro demo account comes funded with $100 000 in virtual currency and can be easily opened with no obligations to convert it to a live trading account.

 

Pros and Cons

✔️Pros

 

Advanced copy trading software

Low minimum deposit

No deposit fees

❌Cons

 

High withdrawal fees

High trading fees for forex

Only one base currency available for accounts

 

Features

Feature Information
Regulation CySEC, FCA, ASIC
Minimum deposit from $50
Average spread from 0.75 pips
Commissions from No commission on stocks and ETFs
Deposit/Withdrawal Fees $5
Maximum Leverage 1:30
Bonuses $50 Welcome Offer And $50 Per Referral
Customer Support 24/5 – multilingual

 

IC Markets

 

Overall Rating

4.7/5

Rated #37 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

ASIC, CySEC, FSA, SCB

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

65

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

The demo account from IC Markets can be used to test both of the broker’s live trading accounts for an unlimited period of time.

The broker’s live trading accounts can be linked to ZuluTrade to take advantage of advanced copy trading capabilities.

However, you do not have access to the full range of 65 currency pairs and low spreads from the demo account, which only become available after signing up for a live trading account.

 

Pros and Cons

✔️Pros

 

Low minimum deposit

No deposit or withdrawal fees

Low trading fees

 

❌Cons

 

Limited range of asset classes

No Negative Balance Protection is available

 

Features

Feature Information
Regulation ASIC
Minimum deposit from $200
Average spread from 0.0 pips
Commissions from ‎None
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses None
Customer Support 24/7

 

Plus500

 

Overall Rating

4.9/5

Rated #55 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA

Crypto

Yes (Availability subject to regulations)

📱 Trading Platform

WebTrader

📈 Total Pairs

70

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

Overview

Plus500 has been in operation since 2008 and is a CFD broker which offers the trade in more than 2,000 financial instruments. Trades can be executed through the Plus500 proprietary trading platform using the broker’s competitive trading conditions.

 

Pros and Cons

✔️ PROS ❌ CONS
Multiple regulations Limited account options
Multilingual support The desktop version of the trading platform not available
A large variety of tradeable financial instruments High inactivity fee
Low trading fees, tight spreads, and low commissions Withdrawal fees charged
Adequate leverage offered Limited payment options supported

Features

✔️ Feature Information
Regulation CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA
Minimum deposit from $100
Customer Support 24/7
Commissions from $0
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:30
Bonuses Yes

 

HotForex

 

Overall Rating

4.8/5

Rated #6 out of 66
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

CySEC, FCA, FSA, DFSA, FSCA, CMA

📱 Trading Desk

MT4, MT5

Crypto

No

📈 Total Pairs

50+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

HotForex provides access to over 45 popular global currency pairs, with extremely low spreads that start at 0.0 pips.

With HotForex, traders can access all of six of the broker’s impressive range of live trading accounts from a demo version, which is available for an unlimited period of time unless you are inactive for longer than 29 days.

The demo account provides access to over 70 CFD trading options available across the board in stocks, indices, commodities, cryptos, futures, and bonds.

 

Pros and Cons

✔️Pros

 

No deposit or withdrawal fees

Competitive spreads

❌Cons

 

High commission charges on the Zero account

 

Features

Feature Information
Regulation CySEC, DFSA, FCA, FSA, FSCA
Minimum deposit from $5
Average spread from 0,0 pips
Commissions from USD 0.03 per 1K lot.
Deposit/Withdrawal Fees None
Maximum Leverage 1:1000
Bonuses 100% Supercharged Bonus
Customer Support 24/5

 

XTB

 

Overall Rating

4.6/5

Rated #69 of
Recommended FX Brokers

💰Minimum Deposit

USD 250

🌐 Regulators

FCA, CySEC, IFSC, KNF

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

48

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

XTB

 

Overview

XTB offers an extremely compelling trading environment, with access to the advanced xStation 5 trading platform, which is complemented by excellent customer service.

Added to this, beginner traders have access to a comprehensive offering of webinars, tutorials, and training videos.

The XTB free demo account can be linked to both the Standard and Pro accounts, and are available for an unlimited period of time unless you remain inactive for more than 30 days.

 

Pros and Cons

✔️Pros

 

Low trading fees

Free deposit and withdrawal

❌Cons

 

High stock CFDs

Limited asset portfolio

 

 

Features

Feature Information
Regulation KNF, FCA, CySEC and IFSC
Minimum deposit from $250
Average spread from 1.02 pips
Commissions from 0.08% of trade value with $8 minimum
Deposit/Withdrawal Fees $30 on withdrawals of less than $50
Maximum Leverage 1:500
Bonuses $40 No Deposit Bonus

 

Go Markets

 

Overall Rating

4.9/5

Rated #34 of
Recommended FX Brokers

💰Minimum Deposit

$200

🌐 Regulators

ASIC, CySec, FSC, FSA and SCA

📱 Trading Desk

Hybrid

Crypto

Yes

📈 Total Pairs

600

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours