Forex.com does offer two free demo trading accounts for beginners to practice forex trading in a 100% risk-free environment. The Demo accounts expire after 30 and 90 days respectively. Traders with Forex.com Demo accounts can request for the accounts to become live.
| 🆓 Demo Account | 🥇 Forex.com | 🥈 MetaTrader |
| ✅ Valid | 90 Days | 30 Days |
| 💰 Virtual Funding | ☑️ Yes | ☑️ Yes |
| 🤝 Customer Support | ✅ Yes | ✅ Yes |
Min Deposit
USD 100
Regulators
CIMA
Trading Platform
MT4, MT5, Proprietary Platform
Crypto
No
Total Pairs
91
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Forex.com Demo Account – Key Point Quick Overview
- ☑️ Forex.com Overview
- ☑️ Forex.com Demo Account
- ☑️ How to Open a Forex.com Demo Account
- ☑️ How to Open a Forex.com MetaTrader Demo Account
- Forex.com Customer Reviews
- Forex.com Pros and Cons
- Conclusion
- Frequently Asked Questions
Forex.com Overview
FOREX.com is a global FX and CFD broker that forms part of StoneX Group Inc. The StoneX group is a publicly-traded company that meets the highest standards of corporate governance, financial reporting, and disclosure.
Forex.com Demo Account
Forex.com makes 2 Demo Account types available, namely the Forex.com Demo Account and the MetaTrader Demo Account. Each Demo Account comes with its own period of validity.
| 🆓 Demo Account | 🥇 Forex.com | 🥈 MetaTrader |
| ✅ Valid | 90 Days | 30 Days |
| 💰 Virtual Funding | ☑️ Yes | ☑️ Yes |
| 🤝 Customer Support | ✅ Yes | ✅ Yes |
How to Open a Forex.com Demo Account
A Forex.com Demo Account, which is valid for 90 Days, can be opened by simply completing a short application form.
How to Open a Forex.com MetaTrader Demo Account
A Forex.com MetaTrader Demo Account, which is valid for 30 Days, can be opened by simply completing a short application form.
Forex.com Customer Reviews
Spoiled for Choice.
Two Demo Accounts? That is a first for me! Pleasantly surprised with Forex.com. – Kale
Very Happy.
I signed up for the Forex.com Demo account and have been sharpening my skills for two months with the help of great customer support. – Lee
Great Support.
I have been using Forex.com for years and I have never had any issues. Great support! – Daniel
Forex.com Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Forex Fees | Limited to Forex and CFDs |
| Variety of Currency Pairs | High Stock CFD fees |
| Diverse technical tools | Not user friendly |
Min Deposit
USD 100
Regulators
CIMA
Trading Platform
MT4, MT5, Proprietary Platform
Crypto
No
Total Pairs
91
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, Forex.com does offer two free demo trading accounts for beginners to practice forex trading in a 100% risk-free environment.
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Frequently Asked Questions
Can traders from South Africa open a Forex.com demo account?
Yes, South African traders are welcome to open either a Forex.com demo or live trading account.
Is the Forex.com demo account rigged?
No, Forex.com is a regulated and trusted broker, and all offerings by the brokerage firm can be seen as trustworthy.
Is Forex.com a good option for beginner traders?
Yes, both Forex.com Demo and Live trading accounts are suitable for beginner traders.
Is the Forex.com demo account the same as a real account?
No, the Forex.com Demo account is only loosely based on the live trading account but set in a risk-free simulated enviroment.
How long is the Forex.com demo account valid?
The Forex.com Demo Account is valid for 30 Days.
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