A ThinkMarkets demo account allows you to practise using a trading platform with virtual funds without risking real money.
Demo accounts can help you:
- learn how the trading platform works;
- practise opening and closing trades;
- test trading strategies;
- use charting and technical-analysis tools; and
- practise using Stop Loss and Take Profit orders.
Demo accounts are available on supported platforms including:
- ThinkTrader;
- MetaTrader 4; and
- MetaTrader 5.
Is a demo account the same as live trading?
No.
A demo account is intended for platform practice and education. It does not necessarily reproduce all live trading conditions.
Differences may include:
- spreads;
- slippage;
- liquidity;
- swaps and financing;
- corporate actions;
- margin close-outs;
- leverage restrictions;
- fees; and
- the range of available instruments.
For this reason, results achieved on a demo account should not be assumed to represent results that would occur on a live trading account.
You can create a demo account through ThinkPortal where available.