Best Demo Account Forex Brokers 2026

Top forex brokers with unlimited demo accounts, realistic market conditions, and no expiry for practice trading.

Sarah Chen

Written by

Sarah Chen

James Anderson

Fact Checked by

James Anderson

Last reviewed:
By:Sarah Chen
Fact-checked by:James Anderson

Top 10 Brokers with Best Demo Accounts

Demo accounts let you practice trading with virtual money before risking real capital. We've identified brokers offering unlimited demo accounts with realistic market conditions, no expiry, and easy setup. Perfect for learning strategies, testing EAs, or familiarizing yourself with platforms.

Are demo accounts really free?

Yes, all reputable brokers offer free demo accounts with no financial risk. You trade with virtual money and never need to deposit real funds to use a demo.

Demo Account Features

Compare demo account specifications.

Broker
XMNo expiryUp to $100,000
ExnessNo expiryUnlimited
AvaTrade21 days (renewable)$100,000
HFMNo expiryUp to $100,000
Axi30 days (renewable)$50,000
FXTMNo expiry$10,000
ThinkMarketsNo expiry$100,000
RoboForexNo expiryAdjustable
Pepperstone30 days (renewable)$50,000
IC Markets30 days (renewable)$100,000

Detailed Broker Analysis

Recommended
Unlimited demo with no expiry.
4.5/5App Score

XM offers demo accounts with no expiry, up to $100,000 virtual funds, and real market conditions. No live account required to open demo.

Forex spread classLow
Minimum deposit$5
Inactivity fee$5/mo
Currency pairs55
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
Recommended
Unlimited balance, no expiry.
4.6/5App Score

Exness offers demo accounts with unlimited virtual balance and no expiry. Real spreads and market conditions for authentic practice.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs107
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
AvaTrade logo
AvaTrade
Read Review
Recommended
21-day demo with full features.
4.2/5App Score

AvaTrade demos expire after 21 days but can be renewed by contacting support. Includes access to all platforms and instruments.

Forex spread classLow
Minimum deposit$100
Inactivity fee$50/qtr
Currency pairs50
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill
Withdrawal fee$0
Recommended
Demo with copy trading access.
4.3/5App Score

HFM demos don't expire and include access to copy trading features. Practice following signal providers before going live.

Forex spread classLow
Minimum deposit$0
Inactivity fee$5/mo
Currency pairs53
Deposit methodsBank Transfer, Visa, Mastercard, Skrill
Withdrawal fee$0
Recommended
30-day demo with ProTrader.
4.4/5App Score

Axi demos expire after 30 days but can be renewed. Includes ProTrader tools and Autochartist for learning.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, PayPal
Withdrawal fee$0

Frequently Asked Questions

Yes, all reputable brokers offer free demo accounts with no financial risk. You trade with virtual money and never need to deposit real funds to use a demo.

It varies by broker. XM, Exness, HFM, and FXTM offer demos that never expire. Others like Axi, Pepperstone, and IC Markets have 30-day periods that can typically be renewed.

Quality demos use real market data with live spreads and prices. However, demo execution is often faster than live trading as there's no real liquidity matching.

Most experts recommend 2-3 months of consistent demo trading with a proven strategy before risking real money. Track your results and only go live when consistently profitable.

Yes, most brokers allow Expert Advisors on demo accounts. This lets you test automated strategies without financial risk before deploying them on live accounts.

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.

Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026