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!

Markets.com Demo Account

Markets.com Demo Account
 

Markets.com offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.

 

Markets.com at a glance

 

Broker's NameMarkets.com
🏛️ HeadquarteredBritish Virgin Islands, Cyprus, United Kingdom, Australia
📅 Year Founded2008
⚖️ Regulating AuthoritiesFSCA, ,FCA, ASIC,
CySEC, FSC
🌐 Countries not accepted for tradeRussian Federation, Brazil, Japan, United States, Canada, Belgium, Israel, Turkey, New Zealand, Syria, Iran, Iraq, Hong Kong, Puerto Rico, Singapore, India, , Bahamas, Botswana, China, China, Ethiopia, Ghana, North
Korea, Northern Mariana Islands, Pakistan, Panama,
Serbia, Sri Lanka, Trinidad & Tobago, Tunisia, Turkey, US
Virgin Islands, Vanuatu, Yemen, Taiwan.
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsYes
📈 Maximum Leverage1:300
💰 Minimum Deposit$100 / 1 600 ZAR
💳 Deposit OptionsBank Transfer, Credit/Debit card, Skrill, Neteller, PayPal
💳 Withdrawal OptionsBank Transfer, Credit/Debit card, Skrill, Neteller, PayPal
💻 Platform TypesMetaTrader 4, MetaTrader 5, Markets.com proprietary platform
📱 OS CompatibilityWindows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
📈 Tradable assets offeredForex, shares & ETFs, blends, *crypto, bonds, commodities, indices, metals and energy
👨‍💼 Languages supported on WebsiteEnglish, Spanish, Arabic, , Danish, Dutch, French, German,
Italian, Portuguese
👥 Customer Support LanguagesEnglish, Spanish, Arabic, , Afrikaans, Bulgarian, French,
German, Greek, Italian, Portuguese
📆 Customer Service Hours24/5
📌Open an account👉Click Here
*Crypto CFDs are not offered to retail clients in the UK

 

Min Deposit

USD 100

Regulators

CySEC, FSCA, ASIC, FCA, FSC

Trading Platform

MT4, MT5, Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Markets.com Demo Account Types Revealed – A Key 7-Point Overview

  1. Markets.com Account Types
  2. Markets.com Account Features
  3. Markets.com Demo Account
  4. Islamic Account
  5. Pros and Cons
  6. Conclusion
  7. Frequently asked questions

 

Here is an overview of the Markets.com Demo Account as well as the features that are offered.

 

How to set up a Markets.com Demo Account – Step by Step

 

A free demo account is available from Markets.com and can be opened using the following steps:

 

👉 Step 1: Locate the official Markets.com website

 

Visit the markets.com home page to open a Markets.com demo account, select the option to create an account on the top right hand of the website.

 

Markets.com Demo Account

 

👉 Step 2: Fill out the Markets.com account registration form.

 

You will first be required to register with the broker. Fill in the simple online registration form with the required information, which consists of your email address and a created password for your account. Read and accept the terms and conditions. Submit your registration.

 

Market.com Demo Account

 

👉 Step 3: Access the markets.com dashboard to start trading.

 

You will be able to access the markets.com dashboard in order to start trading

 

Markets.com Demo Account

 

 

👉 A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.

 

👉 As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy. If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

 

Markets.com Demo Account Features

 

👉 Using the demo account from Markets.com, prospective clients will be able to test out the features and trading conditions of the retail account. The professional account is not available as a demo version. Users can also open a demo account alongside a live account, allowing them to test trading strategies in a risk-free environment and on an ongoing basis.

 

👉 To switch accounts click on the menu located at the top right corner of the Markets.com platform and select the last option from the drop-down ‘Switch to Demo/or Real’. Both Demo and Real accounts from Markets.com operate under real-time market conditions. A Demo account operates with virtual funds for purposes of practice, unlike a Real account that allows you to trade with real funds.

 

Min Deposit

USD 100

Regulators

CySEC, FSCA, ASIC, FCA, FSC

Trading Platform

MT4, MT5, Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Markets.com Demo Account Pros and Cons

 

✔️ Pros❌ Cons
Demo account is available for freeDemo account expires after 90 days

 

You might also like: Markets.com Review

You might also like: Markets.com Account Types Overview

You might also like: Markets.com Fees and Spreads

You might also like: Markets.com Islamic Account Overview

You might also like: Markets.com Minimum Deposit

You might also like: Markets.com Sign up Bonus

 

Conclusion

 

Finalto (Australia) Pty Ltd, a subsidiary of Playtech Ltd, a corporation listed on the London Stock Exchange and a constituent of the FTSE 250 Index, owns the trademark Markets.com. Markets.com provides traders with rapid, low-cost trading on more than 2,200 financial products, far more than other brokers. Stocks, Forex, commodities, indices, cryptocurrencies, ETFs, and bonds are examples of tradeable instruments.

 

Disclaimer

 

High-Risk Investment Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

Please read the full Risk Disclosure Statement which gives you a more detailed explanation of the risks involved. The value of shares as well as other CFD instruments can fall as well as rise, which could mean that you get back less than you originally put in. Please ensure you fully understand the risks involved and manage your exposure. Past performance is no guarantee of future results.

 

Depending on the country of your citizenship or permanent residence, the company may be required under the applicable local laws, rules, and regulations to offer you certain additional protection mechanisms or impose additional restrictions on your trading. You must carefully review our Investment Services Agreement for the details of such protections or restrictions that may apply to you.

 

The company does establish accounts for residents of certain jurisdictions including Japan, Canada, Belgium, and the USA. For further details please see the Investment Services Agreement. Safecap Investments Limited is a subsidiary of Playtech PLC, a company traded on the London Stock Exchange’s Main Market and a constituent of the FTSE 250 index, according to research in South Africa.

 

Frequently asked questions

Does Markets.com offer a free demo account?

 

Yes, Markets.com offers a free demo account to all new traders and more advanced traders looking to experiment with the features of this broker.

 

For how long is the Market.com demo account valid?

 

If the Demo Account has no new positions for a period of 90 days, it will be set to inactive and any existing open positions will be liquidated.

 

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.

 

Which live trading accounts does Markets.com offer?

 

Markets.com offers two types of trading accounts, namely the Retail Account and the Professional Account.

 

What are the available deposit currencies for a live trading account?

 

Markets.com offers a fairly diverse selection of deposit currencies, consisting of EUR, GBP, USD, AUD, ZAR, CHF, DKK, NOK, PLN, CZK and SEK.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 11, 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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