Learn Forex completely risk-free
The Forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into Forex trading with a live account, it’s best to open a risk-free Forex demo account. The OctaFX Demo Account provides the same Forex trading experience as real accounts. The only difference is that the funds on the Forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Access the demo account without deposit
The OctaFX Forex Demo Account is essentially a practice account. You just need to sign up and create one in a couple of clicks to get started. With it, you can get accustomed to a variety of features of the Forex trading platform and get familiar with the dynamics of the Forex market before committing any real funds. Practicing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure. While being equipped with all the real account features, it allows you to:
- Use it completely free of charge: Test your trading strategies and bots for scalping, and execute trades completely risk free as many times as necessary
- Trade with virtual money: Even though it’s a trading simulation, we still provide you with real trading signals that are also free of charge
- Discover all the features of the trading platform: Learn to read charts and use graphic objects, levels, Fibonacci retracements, and more
- Experiment with different order types.
Practicing at your own pace
We understand that new traders need time to get familiar with tools and market specifics, and we consider it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.
Real market conditions
Although the OctaFX Demo Account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!
- Web Trader
MetaTrader 4 Web platform
MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform. All major tools are available including one click trading and chart trading.
Metatrader 4 Desktop
MetaTrader 4 is highly customisable. It includes charting tools, market indicators, scripts and EAs, advanced risk management, real time market execution and more.
Metatrader 4 Android
Enjoy a complete set of trade orders, trading history, interactive charts and the widest variety of supported devices - all that is MetaTrader 4 for Android. Wherever you are and whatever you do, Forex will always be with you!
Metatrader 4 iOS
Widespread trading software is now available for your iPhone/iPad. Login to your account and have the opportunity to trade on Metatrader 4 from anywhere in the world via your iOS device.
- Web Trader
Metatrader 5 Web platform
Trade with the MetaTrader 5 web platform without installing or downloading any software application. You can trade on the Forex market with any browser and operating system with an internet connection. Access your trading account with MetaTrader 5 web platform right now.
Metatrader 5 Desktop
Download MetaTrader 5 and start trading with amazing functionality, technical and fundamental market analysis, Copy trading and automated trading features incorporated into this platform. This version offers a diversity of order types and execution modes. MetaTrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more.
Metatrader 5 Android
Download MetaTrader 5 on your Android phone or tablet and trade currencies with CFDs. MetaTrader 5 is available for Android allowing you to trade and check your account from wherever you are. Using your smartphone or tablet you can access the main features of the platform.
Metatrader 5 iOS
The new MetaTrader 5 platform offers mobile online trading on the Forexmarket.Trade Forex directly from your iPhone and iPad! This new application allows you to connect to OctaFX servers, receive currency quotes, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations.
Perfect for testing trading strategies
Forex demo accounts are not just there to learn the basics. They help experienced traders test highly intensive strategies. For example, a trader can practice trading on indicators—the technique involves sorting out different indicators in search of a perfect set, which trend forecasts will confirm across all indicators in the set and correctly predict real market behaviour. Automated trading strategies using advanced EAs are needed to continuously monitor fluctuations across different currencies. Even strategies requiring extensive use of tools and a high level of trading discipline can be practiced on a demo account.How to start Forex Trading in four easy steps
Learn with demo contests and win prizes
In order to turn your learning steps into a more rewarding process, we’ve developed several demo contests that will allow you to earn real money. You can practice reversal trading, use automated trading, or show your newly built skills to get the first prize.
Champion Demo ContestPractice trading on your demo account and win real money! OctaFX’s long-standing demo contest runs for a month and has a $1,000 prize fund. The prize amounts for the first, second, and third positions are $500, $300, and $100, respectively. Register for a new demo account to stand a chance of winning. You can use any possible trading strategies and EAs in this contest.Sign up for Champion Demo Contest
Moving forward to real trading
The retail part of the Forex market is all about making profit. When you feel like you have enough experience in trading on demo accounts, and when you make steady profits from session to session, we recommend you move on to making real money on real trading accounts.