📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

Mobile Menu

Trade Gold with 1:2000 Leverage – Trade Now

Ad
     

Best Brokers

27 Best Non Expiring Demo Forex Accounts

27 Best Non Expiring Demo Forex Accounts

 

Overview

Demo accounts became widespread in the twenty-first century, along with online trading.

They are marketed to customers as a way for a customer to test a platform’s user experience and features before committing their own money to these investments or paying the platform trading commissions.

 

[the_ad id=”151208″] [the_ad id=”151230″]

 

In this article, we explore 27 brokers that offer non-expiring demo accounts which allow you to practice your trading for as long as you might need.

Here are our 10 Best Handpicked Non-Expiring Demo Forex Accounts

 

 

Let’s get started with the full breakdown of the Best Non-Expiring Demo Forex Accounts:

 

Libertex

 

Overall Rating

Min Deposit

USD 10

Regulators

CySEC

Trading Platform

MT4, MT5, Libertex Trader

Crypto

Yes

Total Pairs

49

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Libertex offers the ability to trade on 213 CFD instruments covering Currencies, Stocks, Indices, Commodities, ETFs, and Cryptocurrencies with leverage of up to 30:1 for retail clients and up to 600:1 for professional clients.

Users can trade from the MetaTrader 4 trading platform as well as the Libertex online trading platform for web and mobile. Commissions vary depending on which platform you use.

 

Pros and Cons

✔️ PROS

Well regulated

Segregated client funds

Advanced trading platforms

❌ CONS

Limited account types

Limited educational resources

Features

Feature Information
Regulation CySEC
Minimum deposit from $100
Average spread from Variable
Commissions from None
Deposit/Withdrawal Fees None
Maximum Leverage 1:600
Bonuses None
Customer Support 24/5

 

RoboMarkets

 

Overall Rating

Min Deposit

USD 100 

Regulators

CySEC

Trading Platform

MT4, MT5, R Trader

Crypto

Yes

Total Pairs

35

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

RoboMarkets is a decent broker with a wide range of Forex products and services to offer. The broker has set up a wide range of payment methods which is a huge plus.

Besides, RoboMarkets knows that not all prospective customers have the knowledge to trade successfully. For this reason, the broker has taken it a notch higher to introduce tutorials that teach the fundamentals of trading.

 

Pros and Cons

✔️ PROS ❌ CONS
Low forex fees

Easy and fast account opening

Free deposit and withdrawal

No Negative Account Balance Protection

A limited number of available CFDs

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

 

FXTM

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC, CMA, CMA, SCA

Trading Platform

MT4, MT5, FXTM App

Crypto

Yes

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

With FXTM, fees are reasonably competitive for depositors of a few hundred dollars, and the ECN account option seems to be competitive for Forex traders at a deposit range quite close to the $500 minimum.

The range of assets offered for trading is not highly diverse, making FXTM a more suitable broker for traders happy to focus on Forex, the major metals and energies, and major U.S. stocks only.

 

Pros and Cons

✔️ PROS

Comprehensive educational offering for beginner traders

Excellent customer service

Streamlined account opening process

❌ CONS

Withdrawal fees

Limited asset portfolio

High CFD fees

Features

Feature Information
Regulation CySEC, FCA, FSCA
Minimum deposit from $100
Average spread from 0.9 pips
Commissions from No commission
Deposit/Withdrawal Fees $3
Maximum Leverage 1:500 on average
Bonuses $300 Trading Bonus
Customer Support 24/5

 

InstaForex

 

Overall Rating

Min Deposit

USD 1 

Regulators

FSC

Trading Platform

MT4, MT5, Multi-Terminal, WebTrader, MobileTrader

Crypto

Yes

Total Pairs

4

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

InstaForex is an ECN broker offering over 200 assets across five asset classes. Over thirty analysts are employed, offering research to clients, and this broker was awarded over 30 industry awards since 2009.

One critical difference between this broker and its competition is that one standard lot equals 10,000 currency units, and not 100,000 as remains the norm across the industry.

 

Pros and Cons

✔️ PROS ❌ CONS
Relatively high maximum leverage

No minimum deposit

Reputable regulation

Features

Feature Information
Regulation CySEC
Minimum deposit from No minimum deposit
Average spread from Average floating 0.8 pips
Commissions from ‎None
Deposit/Withdrawal Fees None
Maximum Leverage 1:1000
Bonuses 30% Deposit Bonus
Customer Support 24/5

 

Alpari International

 

Overall Rating

Min Deposit

USD 100 

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

48

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

One of the main benefits of trading with Alpari International is the brilliant trading conditions, which are designed to appeal to both beginners and highly experienced traders.

This means financial markets are available to even the smallest investors, who can deposit a minimum of 5 EUR. They also offer very competitive leverage spreads and margins. For example, a standard account holder will have floating leverage from 1:1000.

Benefits for advanced or professional traders include improved spreads, a loyalty scheme, and the facility to become a Strategy Manager and share in the volume of trades created.

 

Pros and Cons

✔️ PROS

Advanced copy trading software available

A wide selection of tradable assets

Low minimum deposit

Excellent multilingual customer support

❌ CONS

High trading fees

Limited educational resources and research tools

Features

Feature Information
Regulation Financial Services Commission (FSC)
Minimum deposit from $5
Average spread from 1.2 pips on majors
Commissions from charged at 4 units of the Base currency
Deposit/Withdrawal Fees None
Maximum Leverage 1:1000
Bonuses Cashback Promotion
Customer Support 24/5

 

eToro

 

Overall Rating

Min Deposit

USD 0

Regulators

FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN

Trading Platform

No Trading Desk

Crypto

Yes

Total Pairs

47

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

* 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 home to over 11,000,000 traders and has established itself as a leader in social trading since its inception in 2007. Two acquisitions in 2019 in this sector express the desire to become a leader in this emerging market.

On the surface, this brokerage seems exceptional, with operational statistics supporting a well-managed company. The cross-asset selection is good with over 2,000 assets across six categories.

The area where eToro provides its biggest advantages is in the cryptocurrency market, where eToro really offers unparalleled offerings.

 

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

 

Forex.com

 

Overall Rating

Min Deposit

USD 100 

Regulators

FCA, CFTC, ASIC

Trading Platform

MT5, Proprietary

Crypto

Yes

Total Pairs

91

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Forex.com is for all types of traders seeking exposure to a wide array of products and asset classes but is a good fit for the high-volume trader. Product offerings vary by region but the broker emphasizes fast and reliable execution, a variety of platforms, and account security.

 

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

 

LiteForex

 

Overall Rating

Min Deposit

USD 50

Regulators

CySEC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

LiteForex Investments Limited has a cabinet full of tools to facilitate successful trading including; an economic calendar, a world market news blog, and both a margin and Fibonacci calculator all accessible via the homepage.

Additional support is supplied in the form of Claws&Horns’ expertise; an analytical agency providing comprehensive analytical tools.

 

Pros and Cons

✔️ PROS ❌ CONS
Social trading available

MetaTrader 4 and 5 are available

Multilingual customer support

Limited trading instruments

No VPS available

Features

Feature Information
Regulation Marshall Islands Business Corporation Act
Minimum deposit from $50
Average spread from 1.9 pips
Commissions from No commissions
Deposit/Withdrawal Fees None
Maximum Leverage 1:1000
Bonuses 100% forex deposit bonus
Customer Support 24/5

 

AMarkets

 

Overall Rating

Min Deposit

USD 100 

Regulators

FSA, IFC

Trading Platform

MT4, xStation

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

AMarkets tops the list of well-established and reliable Forex brokers. For over 11 years the Company has been offering high-quality trading services and investment opportunities to clients around the globe, 24 hours a day.

AMarkets’ core mission is to constantly refine its services to improve client profitability and offer the best trading conditions in the industry.

 

Pros and Cons

✔️ PROS ❌ CONS
Advanced trading platforms Liberal regulation
Low minimum deposit
High leverage

Features

Feature Information
Regulation CRFIN
Minimum deposit from $1
Average spread from 0.0 pips
Commissions from $5 per lot on ECN accounts
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses $30 No Deposit Bonus
Customer Support 24/5

 

FxOpen

 

Overall Rating

Min Deposit

USD 100

Regulators

FCA, CySEC

Trading Platform

MT4, MT5, PAMM

Crypto

Yes

Total Pairs

4

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

FxOpen offers a demo account in any of the three account options and with MT4, MT5, and TickTrader platforms. The demo account can be opened from the main page and gives users up to $1,000,000 in virtual funds.

The demo server will remain accessible as long as you log in each month. You can then upgrade to a live real-money account when you’re ready.

 

Pros and Cons

✔️ PROS ❌ CONS
Well regulated No US clients
ECN network Restricted leverage for EU clients
Tight spreads and low commissions

Features

Feature Information
Regulation ASIC, FCA
Minimum deposit from $1
Average spread from Variable
Commissions from $1.5
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses $10 No Deposit Bonus
Customer Support 24/5 – multilingual

 

Interactive Brokers

 

Overall Rating

Min Deposit

USD 0

Regulators

FCA, ASIC, NYSE, SEC, FINRA, IIROC. Regulated in Australia, Bahamas, Cyprus, Dubai, Germany, Kenya, UK 

Trading Platform

Trader Workstation (TWS), IBKR Mobile, WebTrader

Crypto

Yes

Total Pairs

90

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Professional forex and CFD traders seeking a global multi-asset broker will find Interactive Brokers offers a sophisticated, institutional-grade trading platform, and competitive fees.

Founded in 1977, Interactive Brokers is listed publicly (NASDAQ: IBKR) and regulated in six tier-1 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading.

While too complicated for inexperienced traders, the Interactive Brokers Trader Workstation (TWS) desktop platform offers a variety of advanced trading tools that seasoned traders and professionals will appreciate.

 

Pros and Cons

✔️ PROS ❌ CONS
Wide range of products

Excellent research tools

Well regulated

Complicated account opening process

Features

Feature Information
Regulation FCA, ASIC, NYSE, SEC, FINRA, IIROC
Minimum deposit from None
Average spread from 0.1 pips
Commissions from $0.65
Deposit/Withdrawal Fees Varies depending on the payment method
Maximum Leverage 1:40
Bonuses None
Customer Support 24/6

 

Dukascopy

 

Overall Rating

Min Deposit

USD 100 

Regulators

JFSA, FINMA

Trading Platform

MT4

Crypto

Yes

Total Pairs

18

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Dukascopy is a Swiss FX broker that was established in 2008. Maxi Services Ltd offers online trading on Forex, commodities, indices, CFD, and crypto markets.

As a broker, Dukascopy uses NO Dealing Desk and STP technologies, in addition to auto-trading in the ECN environment.

Also, the broker assures all its customers that all their accounts, without exception, go directly to SWFX (Swiss FX Marketplace).

And this gives everyone, having the same level of liquidity, regardless of the size and/or type of the trading account, an automatic guarantee of access to the same quotes, which, according to the company, excludes fraud.

 

Pros and Cons

✔️ PROS ❌ CONS
Good choice for high volume traders

Comprehensive analytical tools

Flexible trading on advanced platforms

Good selection of currency accounts

High commission

Charges withdrawal fees

High minimum deposit

Charges inactivity fee

Features

Feature Information
Regulation FINMA
Minimum deposit from $100
Average spread from 0.3 pips
Commissions from ‎$49.5 per $1 million traded
Deposit/Withdrawal Fees Varies depending on the method
Maximum Leverage 1:200
Bonuses 10% Equity Bonus
Customer Support 24/5

 

Markets.com

 

Overall Rating

Min Deposit

USD 100 

Regulators

FSC, FSCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

57

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Markets.com is a relatively new forex broker that has quickly managed to capture a major chunk of the market share by enticing traders with great features, pricing, and varied trading platforms.

Since its inception in 2008, Markets.com has received numerous awards for being one of the leading brokers for a wide variety of financial instruments.

 

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

 

[the_ad id=”151208″] [the_ad id=”151230″]

 

Grand Capital

 

Overall Rating

Min Deposit

USD 10

Regulators

FinaCom

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Grand Capital is an international financial company/provider of online trading services. The broker is regulated by the International Finance Commission (FinaCom) and provides quality services for working in financial markets for traders.

The company created convenient conditions for investments: copying successful traders’ trades (LAMM service), as well as the ability to create investment portfolios of more than 250 stock market assets.

 

Pros and Cons

✔️ PROS ❌ CONS
The high amount of tradable assets Limited educational resources
Competitive fees
Advanced trading platforms

Features

Feature Information
Regulation FinaCom
Minimum deposit from $10
Average spread from 2.2 pips
Commissions from None
Deposit/Withdrawal Fees None
Maximum Leverage 1:2000
Bonuses $500 No Deposit Bonus
Customer Support 24/5

 

FreshForex

 

Overall Rating

Min Deposit

USD 10

Regulators

Not Regulated

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

After Registration

 

Overview

The trading instruments offered by FreshForex include a pretty wide selection of major and minor forex pairs, a handful of major stock indices, a large selection of stocks of US and Russian companies, precious metals, as well as oil and natural gas.

Also, FreshForex offers CFDs based on the cryptocurrencies Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Leviarcoin, and Ripple XRP.

 

Pros and Cons

✔️ PROS ❌ CONS
High leverage

Commission-free trading

Advanced trading platforms

Lax regulation

Features

Feature Information
Regulation CRFIN
Minimum deposit from None
Average spread from 2 pips
Commissions from No commissions
Deposit/Withdrawal Fees None
Maximum Leverage 1:2000
Bonuses $200 No Deposit Bonus
Customer Support 24/5

 

FxPro

 

Overall Rating

Min Deposit

USD 100 

Regulators

FCA, SCB

Trading Platform

MT4, MT5, cTrader, FxPro Platform

Crypto

Yes

Total Pairs

69+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

FxPro is a European online broker and currency trading platform which is based in London. It is known internationally with a large global footprint, bold client base, and high volume turnover.

In trading with the side broker, one can benefit from the different services it offers. Forex is not only its primary product. Contracts for differences are also offered for energies, shares, metals, futures, and indices.

 

Pros and Cons

✔️ PROS ❌ CONS
A wide selection of market instruments
Client funds stored in segregated accounts

Low trading fees

Features

Feature Information
Regulation FCA, CySEC, FSCA
Minimum deposit from $500
Average spread from 1.7 pips
Commissions from $45 per million USD traded.
Deposit/Withdrawal Fees 1.6% for debit and credit card
Maximum Leverage 1:500
Bonuses None
Customer Support 24/5

 

Oanda

 

Overall Rating

Min Deposit

USD 0

Regulators

CFTC, NFA

Trading Platform

MT4, TradingView, OANDA Mobile app

Crypto

Cryptocurrencies are available through Paxos. Paxos is a separate legal entity from OANDA

Total Pairs

68

Islamic Account

None

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Oanda is one part of a large corporation that has been in existence since the mid-1990s. It is a foreign exchange company that provides currency conversion, online retail Forex trading, online foreign currency transfers, and Forex information.

 

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 USD 0.01 per trade
Deposit/Withdrawal Fees None
Maximum Leverage 1:100
Bonuses None
Customer Support 24/5

 

FXCM

 

Overall Rating

Min Deposit

USD 50

Regulators

FCA, ASIC, FSCA, CySEC

Trading Platform

MT4

Crypto

Yes

Total Pairs

42

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

FXCM is one of the largest and most advanced Forex brokers on the web. It was founded in 1999 and since then it has turned into the favorite choice of millions of traders who are looking for a reliable, user-friendly, and modern broker.

FXCMs services are available to customers from around the entire world. Their website is available in over 10 languages, including Arabic, Russian, Hebrew, English, German and more.

 

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

 

Admiral Markets

 

Overall Rating

Min Deposit

USD 25

Regulators

JSC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Admiral Markets investment firms, operating under the Admiral Markets trademark, are leading online trading service providers offering investment services for trading with Forex and CFDs on indices, metals, energies, stocks, ETFs, futures, bonds, and cryptocurrencies.

Admiral Markets’ dedication to providing access to highly functional software and quality assurance means that their clients receive the best and most transparent trading experience.

 

Pros and Cons

✔️ PROS ❌ CONS
Segregated client accounts No fixed spread accounts
Advanced trading tools

Negative balance protection

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

 

NordFX

 

Overall Rating

Min Deposit

USD 50

Regulators

VFSC, SEBI, FSA, FSC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

NordFX is an international brokerage company offering a full range of online trading services in currencies, cryptocurrencies, gold, and silver in the Forex market.

Investments in global stocks with high income and with capital protection up to 100%, and RAMM, the newest system for the automatic copying of trade signals, are among services offered by NordFX.

 

Pros and Cons

✔️ PROS ❌ CONS
High maximum leverage

Advanced trading platforms

Low minimum deposit

Limited analytical tools

No social trading capabilities

Features

Feature Information
Regulation VFSC, CySEC
Minimum deposit from $10
Average spread from 0.0 pips
Commissions from ‎0.0035%
Deposit/Withdrawal Fees None
Maximum Leverage 1:1000
Bonuses $8 No Deposit Bonus
Customer Support 24/5

 

Plus500

 

Overall Rating

Min Deposit

USD 100 

Regulators

FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC

Trading Platform

WebTrader

Crypto

Yes (Availability is Subject to Regulations)

Total Pairs

71

Trading Fees

Low

Account Activation

24 Hours

82% of retail investor accounts lose money when trading CFDs with this provider.

 

With a sole mission of being the leading CFD provider in the Forex market. Plus500 takes an innovative approach to trade CFDs which are complex financial products and trading with them requires experience and knowledge. Products are limited to CFDs but users can look forward to web and mobile platforms that are kept up to date.

 

The support team is available at all hours of the day and features a WhatsApp chat line as opposed to a telephone line.

 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. It is a serious and risky activity that requires attention, experience, and knowledge. CFD Service. Your capital is at risk

 

Overall Pros and Cons

Pros Cons
User experience is efficient Limited research tools
Trader’s guide with how-to videos WhatsApp support needs to be optimised
24/7 customer support

Fees and commissions

Features Prices
Minimum Initial deposit to start trading €100
Average spread EUR/USD – active N/A
Average spread EUR/USD – standard Spread values can be viewed here
VIP or active trader discounts No

 

Easy Markets

 

Overall Rating

Min Deposit

USD 25

Regulators

ASIC, CySEC, FSA, FSC, FSCA

Trading Platform

MT4, MT5, Tradingview

Crypto

Yes

Total Pairs

65

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Easy Markets has broadened its range of product offerings to include forward Forex contracts and vanilla options, to enable CFDs in commodities and indices.

Traders across the globe have jumped on board this brand because the management team already earned a reputation for transparency and simplicity.

The Cyprus Securities Exchange Commission (CySEC) and the Australian Securities & Investments Commission (ASIC) are two major agencies that licensed and regulated easyMarkets.

 

Pros and Cons

✔️ PROS

The 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

 

XTB

 

Overall Rating

Min Deposit

USD 0

Regulators

FCA, CySEC, IFSC, KNF

Trading Platform

MT4, xStation

Crypto

Yes

Total Pairs

48

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Overview

Founded in 2002, XTB is an award-winning CFD and Forex brokerage firm online. Over the past 18 years, it has established itself as an esteemed broker firm in the space of retail forex investment.

They operate in over 13 countries including Belize, Europe, and the UK. The official website of XTB is available in sixteen languages.

 

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 an $8 minimum
Deposit/Withdrawal Fees $30 on withdrawals of less than $50
Maximum Leverage 1:500
Bonuses $40 No Deposit Bonus
Customer Support 24/5

 

OctaFX

 

Overall Rating

Min Deposit

USD 25

Regulators

CySEC, MISA, FSCA, FSC

Trading Platform

MT5, OctaTrader

Crypto

Yes

Total Pairs

52

Islamic Account

Yes

Trading Fees

No

Account Activation

24 Hours

 

Overview

Winner of Best ECN/STP Broker at the 2019 Forex Awards, Octa is an established broker offering all majors as well as CFDs, cryptocurrencies, commodities, and stocks.

Octa is well regarded in the forex world, having been decorated with several major industry awards. This, along with the competitive spreads and high leverage rates offered, all combine to make Octa a broker worth contemplating in 2026.

 

Pros and Cons

✔️ PROS ❌ CONS
Ultra-fast execution No VPS available
More than 30 forex pairs are available

Well-regulated

No Forex educational tools

Features

Feature Information
Regulation CySEC
Minimum deposit from $100
Average spread from 0.7 pips
Commissions from  None
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses 50% Deposit Bonus
Customer Support 24/5

 

FortFS

 

Overall Rating

Min Deposit

USD 5

Regulators

IFSC

Trading Platform

MT4, MT5, NinjaTrader, CQG

Crypto

Yes

Total Pairs

150+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Overview

FortFS offers CFDs, derivatives, stocks, currency pairs, and indices as instruments to trade-in. There are four different types of accounts, namely; Newbie, Fort, Flex, and pro. With a Newbie account, you get a refund of 10% for losses made. The maximum leverage is 1:1000.

 

Pros and Cons

✔️ PROS ❌ CONS
MT4 and MT5 are available High commission and spreads
Social trading available
Excellent market analysis

Features

Feature Information
Regulation IFSC
Minimum deposit from $5
Average spread from 0.4 pips
Commissions from $10 on CFDs
Deposit/Withdrawal Fees None
Maximum Leverage 1:1000
Bonuses $100 No Deposit Bonus
Customer Support 24/5

 

IC Markets

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Overview

The IC Markets trading brokerage does not fall short in offering their clients a wide range of trading instruments and assets.

The brokerage offers over 80 instruments including currency pairs, CFDs on indices, stocks, commodities and futures, precious metals, and even the most popular cryptocurrencies, such as Bitcoin and Ethereum.

 

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

 

City Index

 

Overall Rating

Min Deposit

USD 100 

Regulators

FCA, ASIC, MAS, FSCS

Trading Platform

MT4, WebTrader

Crypto

No

Total Pairs

84

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Overview

City Index was founded in 1983 and is authorized and regulated by the Financial Conduct Authority. It is part of IPGL which a privately owned company that is based in the UK.

Thousands of spread betting and CFD trading markets are available at City Index and this includes currencies, commodities, indices, shares, bonds, and interest rates. For forex account holders, 37 forex pairs are diverse.

 

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

 

FAQ’s

 

What is a demo account?

A demo account is essentially a practice account that comes funded with virtual currency, making it risk-free.

 

What is a non-expiring demo account?

This is a demo account that you can use for as long as you wish before opening a live account.

 

Which brokers offer non-expiring demo accounts?

Check our list of the 27 best non-expiring demo accounts directly from the Forex Suggest website

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

You might also like

5 Best Forex Brokers in Palau

  We have ranked the 5 Best Forex Brokers in Palau for accessible online trading. These top-tier international brokers offer local traders low minimum deposits,

7 Best Forex Brokers in Oman

  We have reviewed and listed the 7 Best Forex Brokers in Oman for accessible, secure online trading. These top-tier platforms offer fully Sharia-compliant Islamic

8 Best Forex Brokers in Wales

  We rate and review the 8 Best Forex Brokers in Wales, with a strong focus on FCA regulation, GBP trading accounts, secure payment methods,