All Share (J203) = 87 916
Rand / Dollar = 18.17
Rand / Pound = 23.51
Rand / Euro = 19.84
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.58
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Interactive Brokers Demo Account

Interactive Brokers Demo Account Banner
 

Interactive Brokers does offer a free demo trading account for beginners to start training on.  Practice forex trading – 100% risk-free for free.  The Interactive Brokers Demo account can be converted to a live trading account in a single step.

 

🔎 Account🥇 Demo Account
✅ Trading PlatformsAccess to All
📊 Market DataAll Products
⚙️ Trading ToolsAdvanced
🚀 Open an Account👉 Click Here

 

Interactive Brokers Demo Account – 6 Key Point Quick Overview

 

  1. Interactive Brokers Demo Account
  2. How to Open an Interactive Brokers Demo Account – Step by Step Guide
  3. Interactive Brokers Customer Reviews
  4. Interactive Brokers Pros and Cons
  5. Conclusion
  6. Frequently Asked Questions

 

Min Deposit

USD 0

Regulators

CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, CSSF

Trading Platform

Proprietary Platforms

Crypto

Yes

Total Pairs

91

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Interactive Brokers Demo Account

 

The Interactive Brokers Demo Account (Free Trail) allows traders to compare Interactive Brokers commissions, margins, and low financing charges to other potential broker choices – risk-free!

 

🔎 Account🥇 Demo Account
✅ Trading PlatformsAccess to All
📊 Market DataAll Products
⚙️ Trading ToolsAdvanced
🚀 Open an Account👉 Click Here

 

The user will have the ability to strategies, products, exchanges, and order types with access to a large selection of advanced trading tools.  Trading tools available include Probability Lab, Volatility Lab, Options Strategy Lab, Charts, Market Scanner, and the IB Risk Navigator.  Furthermore, the Interactive Brokers Demo account provides market data for all products plus subscriptions to research services – cost-free.

 

Interactive Brokers Demo Account 1

 

Once the user is ready for live trading, the Interactive Brokers Demo account can be converted to a live trading account by simply selecting Log In – Finish an Application.  Once the account is approved and funded, the demo account settings will seamlessly be transferred to the live account.

 

Interactive Brokers Demo Account 2

 

How to Open an Interactive Brokers Demo Account – Step by Step Guide

 

1. Step 1: Starting Off

 

Traders can navigate to the Interactive Brokers website and click on the ‘Free Trial’ located at the top of the homepage.

 

interactive Brokers demo 1

2. Step 2: Demo Account Quick Overview Page

 

Traders will then be redirected to a new webpage that provides information on the demo account.  The applicant can click on any of the Start Your Free Trial buttons displayed throughout this page.

 

interactive Brokers demo 2

 

3. Step 3: Complete Registration.

 

The applicant will need to complete an online application and provide a valid email address and a user-selected username as well as password followed by their country of residence.

 

Interactive Brokers Demo 3

 

Once this information is completed the applicant will automatically be redirected to a new page informing them that their trial account has been approved.  The account holder can now log into the Client Portal using the username and password that they selected.

 

Interactive Brokers Customer Reviews

 

Very Good.

Very fast account opening.  Telephone support is very helpful and efficient too. – Robin

 

IG 5 Star Review

 

Great Company.

Great service, modern tools, and help for trading. – Lars

 

IG 4 Star Review

 

Excellent Team.

Excellent team having highly professional skills. – Rajesh

 

IG 3 Star Review

 

Interactive Brokers Pros and Cons

 

✔️Pros❌Cons
Wide range of productsWithdrawals and funding by bank transfer only
Highly regulatedBetter for experienced investors
Trades on 80+ exchanges worldwideCommission structure benefits high volume trades

 

Min Deposit

USD 0

Regulators

CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, CSSF

Trading Platform

Proprietary Platforms

Crypto

Yes

Total Pairs

91

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

 

Overall, Interactive Brokers does offer a free demo trading account for beginners to start training on.

 

 

You might also like: Interactive Brokers Review

You might also like: Interactive Brokers Account Types Overview

You might also like: Interactive Brokers Fees and Spreads

You might also like: Interactive Brokers Minimum Deposit

You might also like: Interactive Brokers Sign up Bonus

 

 

Frequently Asked Questions

 

 

What is the difference between a demo and a live trading account?

 

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.

 

Does Interactive Brokers offer a demo account?

 

Yes. Interactive Brokers does make a free demo account available.

 

What are the benefits of trading with Interactive brokers?

 

Many traders consider their strong trading platforms, rock-bottom pricing and advanced execution as very beneficial.

 

 

For how long is the demo account valid?

 

The typical validity of a demo account is 30-days.

 

 

4.4/5 - (30 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 18, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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