TD Markets Demo Account offers a 100% 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.
TD Markets at a glance
| 🔎Broker's Name | TD Markets |
| 📍 Headquartered | South Africa |
| 📅 Year Founded | 2015 |
| ⚖️ Regulating Authorities | FSCA |
| 🌐 Countries not accepted for trade | France, Turkey, USA |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $50 / R 873,16 |
| 💳 Deposit Options | Multiple cryptocurrencies (BTC, ETH, USDT etc), VISA, Mastercard, Bank Wire |
| 💳 Withdrawal Options | Multiple cryptocurrencies (BTC, ETH, USDT etc), VISA, Mastercard, Bank Wire |
| 💻 Platform Types | MT4 |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
| 📈 Tradable assets offered | Over 50 forex currency pairs, binary options, stocks, gold, silver, oil, and bitcoin |
| 👨💼 Languages supported on Website | English |
| 👥 Customer Support Languages | Multiple incl. English |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉Open Account |
Overall Rating
4.3/5
Rated #3 of
Recommended FX Brokers
Minimum Deposit $50
Regulators FSCA
MT 4
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
Choose your quick section of our TD Markets Demo Account below.
TD Markets Demo Account – 5 key points quick overview:
TD Markets Demo Account – 6 key points quick overview:- How to set up a Demo Account – Step by Step
- TD MARKETS Demo Account Features
- TD MARKETS Pros and Cons
- Frequently Asked Questions
Here is an overview of the TD Markets Demo Account as well as the features that are offered.
How to set up a Demo Account – Step by Step
To register for, and set up a demo account with TD Markets, traders must visit the website and follow the simple steps.
New accounts are applied online and processed according to established industry standards.
You can open a live account or demo account (also called a practice account) from start to finish on the TD Markets website and choose to open a demo account first. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.
TD Markets accounts can be opened in USD.
An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step.
Note that this ‘Know Your Client (KYC) process, may only be necessary once you decide to move forward and work with real money.
Follow these steps to open an account:
Step 1 – Have your Details ready
Have your email address and ID ready
Step 2 – Select the Country
Select the country of residence.
Step 3 – Click on Try Demo
Choose that you want to try a demo account
Step 4 – Provide information
Provide basic personal information.
Step 5 – Proceed with the KYC process
Proceed through the KYC process if needed and get approved
A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’.
Beginner traders can use a demo account to get acquainted with the live trading environment, where they can actively participate in trades and develop their own strategies.
Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what TD Markets has to offer.
TD MARKETS Demo Account Features
TD Markets’ demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
Overall Rating
4.3/5
Rated #3 of
Recommended FX Brokers
Minimum Deposit $50
Regulators FSCA
MT 4
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
TD MARKETS Pros and Cons
| ✔️ Pros | ❌ Cons |
| Low initial deposit required | No choice of trading platforms |
| Low spreads | No e-wallets as payment methods |
| MT4 platform provided | |
| 24 Hour withdrawals | |
| Low spreads | |
| Multilingual support |
Conclusion
TD Markets offers a 100% 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. TD Markets practice forex trading in a 100% risk-free environment.
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Frequently Asked Questions
How accurate is the TD Markets demo account?
Not all demo accounts follow the exchange rates available on real trading accounts. Forex traders should be aware of the possible differences between a TD Markets demo and a real trading account, namely: the bid/ask prices and the price feed.
Can I withdraw the profits made with a TD Markets demo account?
A TD Markets demo trading account is risk-free because it makes use of virtual funds for forex trading and therefore traders cannot withdraw any profits made with a demo account.
How long is the TD Markets demo account valid?
The TD Markets demo account can be used unlimited.
What are the advantages of a demo trading account?
The big advantage of using a demo account is that traders are making use of virtual funds and therefore do not run the risk of losing their own money.
How long should I trade with a demo account?
The average time for a trader to progress with his/her forex trading journey to a point where a profit can be shown is generally takes between 5-6 months, where after a trader can proceed to opening a live trading account.
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