Open an Alchemy Markets free demo account and start practicing your trading now!

Why Open a Demo Account
with Alchemy Markets?

The road to success begins with choosing a trading platform that fits your needs. With our free demo account, you can experience just how reliable and flexible our trading platforms are and access our entire product range.  Place practice trades in live market conditions* with simulated funds. If you like what you see, you can transition to a live account seamlessly and start placing real trades right away.

What is a Demo Trading Account?

A demo account is a simulated trading environment that provides a trader with the opportunity to get a feel for the software, trading platforms, spreads, and costs associated with their broker. A demo account comes with virtual funds to allow traders to participate in trading live market conditions without any risk.

As such, demo accounts are an excellent way for traders to determine if trading is suitable for them. They also offer traders the opportunity to test-drive new tools and strategies and familiarise themselves with platform functions and features before executing live trades.

How to Open a Free Demo Trading Account with Alchemy Markets

Try out our trading platforms with a free demo account now.

Sign Up

Sign up for a free demo account and fill out our registration form.

Check Your Inbox

Receive your account details in the inbox of the email you provided us.

Activate Your Account

Activate your demo account and start trading your favourite products today.

Why Choose Alchemy Markets?

Demo Trading Account

A demo account is connected to a live trading platform so that traders can gain access to accurate, live market conditions and make trades as they would on live accounts. However, demo accounts come with simulated funds with which traders can use instead of making deposits of real money, making trading entirely risk-free.

Demo accounts and live accounts are not the same. Though they both accommodate trading in live markets with complete access to platform tools and features, the key difference is that traders on demo accounts use simulated funds while traders on live accounts have to deposit real money before they can make trades.

Therefore, demo accounts are considered risk-free while live accounts are not. At the same time, profits accumulated in demo accounts cannot be converted into real money, while profits made in live trading are real and can be kept by the trader after commissions.

To open a free demo account to trade Forex or CFDs in MetaTrader 4 or 5, you simply have to sign up for a demo account on our website and install your desired trading platform on your desktop or mobile device. You can then run the platform and login using your account ID, your password, and our account server, which will be provided upon registration.

You gain access to our entire product range when you sign up for a demo account with us. You can trade Forex, Stock CFDs, Crypto CFDs, Index CFDs, and more. Whether you are looking for a Forex demo or want to exclusively trade CFDs, you can participate in your favourite markets globally.

Demo accounts are real in the sense that they grant traders access to live trading platforms so they can follow live market conditions. They are also designed to offer real-time price feeds and they provide the same functionalities and features traders would find with live accounts.

However, traders on our demo trading accounts should understand that simulated trades may not be subject to slippage, interest and dividend adjustments, margin calls due to insufficient funds, and other features. Therefore, traders should be aware of the full terms of our live accounts before opening one. You can find more information here, or under our 'Document's drop down at the footer of our website along with any other regulatory documents you would like to review.

No. Trades are executed with simulated funds on a demo account instead of real money. Therefore, any profits accumulated in a demo account are virtual and cannot be converted into real money.

Absolutely. You can use Expert Advisors (EA) alongside technical analysis tools and trading signals on the MT4 or MT5 demo platform when you trade on a demo account with us. You can also run automated strategies through our own Alchemy Markets Virtual Private Server (VPS) 24/7.

For sure. If you are happy with our trading platforms and want to start placing trades with real money, you can transition to a live account with us by signing up, verifying your identity, and depositing funds. From there, you will be able to access our entire product range and begin trading live with no restrictions.

At Alchemy Markets, we offer institutional execution speeds and liquidity, tight spreads, no or low commission, and other benefits, depending on your account tier. For more information, you can check out our account types.


*Our demo account provides a realistic trading environment that holds key differences from live trading conditions. Demo traders access demo liquidity, and trades made are not subject to slippage, interest, dividend adjustments, and more. Traders should ensure they are aware of these differences and can find more information regarding account features in our ‘Documents’ tab at the bottom of the page.