Forex Trading Demo App for Pc Download

Best Forex Trading Demo Apps

Overview

With advancements that have been made in technology overall in addition to that in the trading industry, mobile trading has seen a substantial increase in popularity as it frees traders from having to guard their terminals with what little time they have in a busy world.

More brokers are offering their solutions and services by making proprietary, or third-party, applications available so that traders can trade from anywhere in the world and at any time, whether they are on the move, or stationary.

There are numerous mobile trading apps that offer traders the option to trade through a live account in addition to offering a demo account which can be used either by beginners to practice trading, for traders to explore a broker, or to test trading strategies in a risk-free environment.

IQ Option

IQ Option Broker Review


4.7/5

Rated

#247
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

IQ Option is well-known for its mobile trading capabilities in offering its traders not only with trading intelligence through its various platforms in addition to several other features, but how its mobile trading seamlessly mimics the vibrancy associated with the trading room.

Available on both Android and iOS devices, upon quick download and installation, traders are offered the option to either register on the mobile app, or login using existing credentials.

For those linked on social media or who have a Google account, these credentials can also be used to register on the app.

After registration, traders will be shown the main chart window with all options and functions to the right-hand side of the screen. To switch to a practice, or demo, account, traders can select the dropdown next to their name and select ‘practice account’ which provides them with US Dollar 10,000.00 of virtual funds.

eToro

eToro Broker


4.8/5

Rated

#20

of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

eToro is known for the social trading opportunities offered and, as the leader in social trading, the mobile application offer does not diverge from this.

After the mobile app has been downloaded and installed, traders will be presented with the option to create an account.

Traders can either manually enter their chosen username along with their email and user-selected password or use their Google or Facebook credentials to complete registration.

The interface will show a watchlist and to access the option to open a demo account, the trader can select the icon in the top left corner where the ‘Real’ icon can be selected and ‘Virtual Portfolio’ selected from the two options.

Traders will receive a notification onscreen to tell them that they are about to switch to virtual and the ‘Go to Virtual Portfolio’ banner can be selected.

When trading on the eToro mobile demo account, traders receive virtual funds of US Dollar 100,000.00 which can be used to either explore the platform, test strategies, or explore the markets and the broker’s offer.

AvaTrade Go

AvaTrade is a popular and reputable broker that connects traders to global markets through its comprehensive offering of more than 250 financial instruments that can be traded.

AvaTrade Go is the broker’s proprietary mobile trading app which is downloadable on both Android and iOS devices. The mobile application provides traders with access to seamless mobile trading in addition to offering a variety of features.

After downloading and installing the app, traders can either log in or register to gain access to their profiles. A noteworthy addition is that the app now uses a passcode for login in addition to offering the option for traders to log in using biometrics.

When the interface appears after login/registration, traders will see the ‘Practice’ option in yellow at the top left corner of their screen. When selecting this, traders will be redirected to the account opening page.

The demo account is automatically created, and traders can make use of the US Dollar 100,000.00 virtual funds while using the demo account.

FXO TickTrader

With FXOpen’s proprietary mobile application, traders have access to more than 1,200 advanced trading tools, numerous financial instruments to trade spread over six asset classes including Forex, stocks, commodities, stock indices, and cryptocurrencies.

There are numerous dynamic features such as depth of market, real-time tracking on the trading account, built-in news, and more.

When download and installation have been completed and the trader opens the app, they will be met with a License Agreement from Soft-FX which must be read and subsequently accepted before being able to continue.

Traders will be prompted to accept that the app makes use of the trader’s phone contacts and after providing permission, traders can select whether they would like to register a Live FX or a Demo FX account.

Admiral Markets

Admiral Markets Broker Review


4.2/5

Rated

#214
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Admiral Markets is a reputable broker that offers traders its own proprietary mobile trading app. When using the app, traders can trade a variety of financial instruments from any time and any location in the world.

Also, traders have the option of opening either a demo account or a live account through the application which can be used for practice trading based on the trader’s needs and objectives.

Thinkorswim

Thinkorswim is one of the largest mobile Forex platforms which offers traders access to global markets, a variety of educational tools, and more.

The app has numerous features including, but not limited to:

  • The creation and modification of advanced orders
  • Real-time support can be accessed on the app
  • Live stream programming accessed through the TD Ameritrade network, and more.

To make use of the demo account features through paperMoney®, traders must have an existing TD Ameritrade account which will, subsequently, allow them to make use of their demo account through the Thinkorswim mobile application.

NetDania

NetDania provides trading in both Forex and CFD instruments with over 2,000 instruments spread across numerous asset classes in addition to more than 10,000 real-time stocks and indices.

NetDania’s mobile app features some of the following:

  • A variety of Forex pairs to trade
  • Advanced charting capabilities
  • Both life- and demo trading
  • The ability to build algorithms and setting up alerts
  • Provision of real-time news, and more.

FXTM Trader

FXTM is a reputable ECN and STP broker that offers traders access to trade more than 250 financial instruments through its mobile application. The app can be downloaded for free on both iOS and Android devices, and features some of the following:

  • Passcode and fingerprint security
  • Deposit and withdrawal options
  • A calculator for conversion rates
  • Access to trade signals, and more.
Read:  How to Trade Forex News Using Forex Factory

As soon as the trader has downloaded and installed the application onto their device, they can either sign in or sign up on the application. Once this is completed, traders will be directed to ‘My Accounts’ where they can select to open a demo account.

Here, traders can select the type of demo whether standard, Cent, ECN, or ECN Zero, their base currency, deposit amount, and leverage before selecting ‘Open Account’ and commencing practice trading.

CMTrading Sirix Mobile

Sirix Mobile is a proprietary platform of CMTrading which is available across all mobile devices and which provides traders with access to global markets, advanced charting tools, and an array of features that provides for a rich and dynamic trading experience.

When traders have downloaded and installed the application, the login/registration screen provides the option to log in to either the demo or live account.

Traders who have not yet registered can click on the ‘registration’ link where they will be taken to the signup page, after providing some basic information, signup will be complete and traders can log in to the mobile app to commence practice trading with a virtual balance of US Dollar 50,000.00.

MARKETSX


4.7/5

Rated

#206
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

MetaTrader 4

MetaTrader 5

Markets.com propietary platform

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Available to both Android and iOS devices, this innovative mobile trading app is proprietary to Markets.com, a reputable broker that offers traders from around the world comprehensive trading conditions.

Traders have access to more than 2,200 financial instruments that can be traded in various markets, and when using the app, traders are provided with 50 technical indicators and oscillators, sentiment data, and more.

When the app has been downloaded and installed, and traders have opened it for the first time, traders can either enter their existing login details, or register by providing their Google or Facebook credentials, or their Apple ID information.

However, at present, there seems to be an issue connecting to Facebook to make use of the trader’s information and traders may have to use the conventional way, or their Google or Apple ID information.

Once logged in, there will be a pop-up message prompting traders to try out the demo and when selecting the ‘switch to demo’ option, traders are automatically redirected to demo trading where they have virtual funds of US Dollar 10,000.00 to use.

xStation

XTB is a reputable and popular trading broker that offers its proprietary award-winning mobile platform, xStation, for use by traders. The app is intuitive, user-friendly, powerful, and features a variety of functions that will make trading hassle-free and dynamic.

Once the application has been downloaded and installed, the first screen that traders will see when opening it for the first time is one offering traders a choice between a Demo and a Real account.

Upon selecting ‘Open Free Demo’, traders will be asked for their country, email address, and a user-selected password and acceptance of the clause, before the account can be created.

It will take a few moments for the account to be registered, depending on the trader’s internet connectivity and the connection to the XTB servers, but as soon as it is finished, traders will be able to access their demo account through the app and commence practice trading with virtual funds.

MetaTrader 4

MetaTrader 4 is one of the most popular trading platforms in the trading community and the mobile trading app is no different. Traders are offered an array of features and functions including real-time quotes, detailed history, advanced charting, and more.

The app is available for download on both iOS and Android and once installed and opened for the first time, the Quotes tab will open on the trader’s screen.

To create a demo account, traders can select ‘Options’ from the top left screen (three horizontal, parallel lines), and click on ‘Manage Accounts’. Here, traders will find that a demo account has already been generated automatically.

Traders can either proceed with this account or add another by clicking on the ‘+’ in the top right corner. This will provide traders with the option of either opening another Demo account, or logging in to an existing account.

One of the various benefits of using MetaTrader 4, is that traders can link their demo accounts from supporting brokers to the mobile trading platform where practice trading can commence.

MetaTrader 5

Alongside MetaTrader 4, although not quite as popular, is MetaTrader 5, another innovation from MetaQuotes which has been used by traders from around the world since it was launched.

MetaTrader 5 provides the same top-quality service as MetaTrader 4 but has numerous extra features that can be used by traders to refine their trading and provide them with a competitive edge.

MetaTrader 5 is also available for download on both iOS and Android and the download and installation process is the same. Traders are provided with a demo account that has already been generated, with the option to create more or log in to an existing demo account.

Also, traders can link their other demo accounts that they have from supporting brokers on the mobile platform to allow for practice trading through MetaTrader 5.

Plus500


4.9/5

Rated

#55

of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA

Yes
(Availability subject to regulations)

📊 Trading Fees

🕒 Account Activation Time

77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Plus500 is a reputable and popular CFD trading broker that offers traders the opportunity to trade in global markets while making use of the broker’s comprehensive trading solutions and competitive trading conditions.

The mobile application does not take away from the trading experience but offers its own dynamic and unique trading experience. There are numerous features on the app which seamlessly mimic that on the desktop version.

When the app has been downloaded and installed, and it is opened for the first time, traders are met with a screen where they can select whether they would like to proceed using either the Demo Mode or Real Money.

Upon selecting Demo Mode, traders have the option to either log in to an existing account, or to create one by providing their email address and a user-selected password, or by using their Google or Facebook credentials.

Read:  Things You Need to Know About Forex Trading

Once sign-in/sign-up has been done, traders will be met with a market watch screen featuring the most popular instruments. Traders receive adequate virtual funds in a currency based on their region which can be used to trade risk-free on the app.

ExpertOption

ExpertOption is an online trading platform that provides traders with the opportunity to trade in a variety of financial instruments. ExpertOption also makes adequate provision for a mobile trading app for traders who like to trade while on the move.

The app is available for download on iOS and Android and after downloading and installing the app, and opening it the first time, traders are immediately in Demo mode where they are provided with US Dollar 10,000.00 virtual funds to use in a risk-free environment.

FxPro Direct

When using the FxPro Direct app, a proprietary innovation of the reputable online trading broker, FxPro, traders can seamlessly manage multiple accounts with ease in addition to registering for new accounts.

After the app has been downloaded and installed on either iOS or Android, traders can open it and either log in to an existing account or select ‘start now’ to register.

The registration process is tedious, and traders must complete this before gaining access to demo account capabilities.

NAGA Trader

The NAGA Trader app is one that is available for both iOS and Android across numerous devices. It offers a minimalistic approach to mobile trading and offers traders an array of financial instruments that can be traded.

NAGA Trader makes adequate provision for both social trading and Expert Advisors, or EAs, and caters adequately for traders who wish to move away from manual trading into auto-trading strategies.

After having downloaded and installed the app, traders can either log in with their existing credentials or select ‘Registration’. Traders can make use of their email address or their Facebook or Google credentials to proceed.

Once a selection has been made, traders must provide their Country, first and last name, email address, a user-selected username and password, and their mobile number.

A verification code will be sent to the mobile number and must be entered before proceeding. Traders must then select their appropriate trading experience between beginner, advanced, or professional.

The following step is to complete the trader’s profile with a section where traders can write something about themselves followed by uploading a profile picture and cover photo.

Traders can, however, skip through these two steps to be presented with the option of Test-driving NAGA, or opening a Real-Money account. After selecting the demo mode, traders will be taken to a market watch list with some of the most popular trading instruments.

Traders receive US Dollar 10,000.00 in virtual funds which can be used as per the trader’s wishes.

Trading 212

Trading 212 Broker Review


4.7/5

Rated

#266
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

The Trading 212 application can be downloaded to any iOS or Android device. It features a minimalistic and user-friendly interface that has quick options to switch between a variety of live quotes.

Traders can easily set up price alerts and access the forum and reports in addition to various training videos featured on the app.

With the Trading 212 app, traders can easily monitor any of their open positions by selecting the graph tab found at the bottom of the screen. Traders also have access to Expert Advisors as well as an economic calendar.

When the app has been downloaded and installed, traders can open it to find the options to either practice with virtual money, open an account, or log in to an existing account.

After selecting the practice account, traders will be provided with the options to use the app either through Trading 212 CFD or Trading 212 Invest. For those who want to trade CFDs, the former can be selected.

After the trader has made their selection, there will be a popup to offer traders tutorials on how to use the app and after this has been completed, traders have access to their watch list where instruments can be added and removed with ease.

Traders are provided with virtual funds of US Dollar 50,000.00 which can be used to trade in a risk-free environment while enjoying a mimicked live trading environment.

FBS Mobile

FBS is a reputable broker that offers traders a convenient way to trade and manage funds from anywhere in the world. Through the app, traders have the ability to create both real and demo accounts, log into existing accounts, and follow trading progress hassle-free.

When the app has been downloaded on either Android or iOS and it has been successfully installed, traders can open it. Once opened, the app will prompt the trader to allow the app to make use of the device’s location.

Once allowed, traders can either go through the slideshow presented or press ‘skip’ in the top right corner. Traders will then be allowed to either register or log in to an existing account.

During registration, traders can use their email, Facebook, or Google credentials to sign up. When the relevant selection has been made, traders must supply their email addresses and their names before proceeding.

Traders must then review their account details and decide whether they want to use the automatically-generated password, or select one of their own before they proceed.

The following step requires that traders create a 4-digit PIN and/or select to use biometrics to log into their app.

The next screen provides traders with a choice between a Real account or the demo, and after selecting the demo account, traders must choose between MetaTrader 4 or 5 as their chosen platform, provide their leverage, and the number of virtual funds that they would like to use.

After completing this, traders can select ‘Complete’ and they will be provided with their demo account details, which they must keep save by either writing it down or taking a screenshot of the screen from their mobile device.

To make use of the FBS demo account, traders will be required to download either MetaTrader 4 or 5 on their device and use the login details they received to gain access to their FBS demo account.

IG Trading

IG is one of the most reputable and popular brokers which offers traders more than 16,000 financial instruments that can be traded through a variety of platforms, including the innovative, proprietary IG mobile trading app.

The trading app hosts an array of features including interactive charts, technical indicators, drawing tools, a search function for upcoming events, access to Reuters news, and more.

The app is free to download on both Android and iOS devices and after it has been installed, traders can open it and either log in to an existing account or select the option to create one.

Read:  Best Forex Trading Platform for Android

When selecting the option to create an account, traders will be prompted to select between a live account and a demo account. After selecting the demo account option, traders must provide their country of residence followed by some basic information and contact details.

After completing this, traders will immediately be logged into their demo account where they will receive £10,000.00 which can be used to trade in a risk-free environment.

ThinkTrader

ThinkTrader is a proprietary mobile trading platform provided by reputable ThinkMarkets that combines analytics with a user-friendly interface that aids traders greatly to trade both Forexes as well as stocks.

When using the mobile app, traders can use 14 different advanced chart types which have numerous intelligent indicators and drawing tools. There is an advanced and comprehensive touch-enabled trade management system in addition to split and even quad-screen modes.

The app can be downloaded and installed on both Android and iOS devices.

When opening the app for the first time, traders will see a login/account creation screen where traders have the option of creating a demo or a live account or to log in to an existing account by selecting the option at the bottom of the screen.

To register a demo account, traders must provide their email addresses and select a password. There is often no need to select the country of residence, as the app can pick it up from the device’s location.

Once the trader has provided their information, a prompt will appear to provide the trader with the option of using biometric data to log into their ThinkTrader app. Once logged in, traders will be met with their market watch list and virtual funds allocated in a currency based on their country of residence, which is 10,000.00 units.

OctaFX

OctaFX Broker Review


4.8/5

Rated

#8

of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

🏛️ Visit Official Website

OctaFX is a reputable broker that offers trade-in numerous financial instruments. When using the mobile app, traders can manage their trading accounts, register for a new account, adjust leverage, enable swap-free options, and more.

The app features multiple languages in addition to offering hassle-free deposits and withdrawals, trading account details, trading history, and more.

The app is only available on Android devices, so iOS users may have to use other trading applications such as MetaTrader to link their OctaFX demo or real account to have access to mobile trading.

XTrend Speed

XTrend Speed offers traders access to the Forex market from anywhere in the world in the palm of their hand. The mobile trading app has become increasingly popular, especially amongst EU traders and it is user-friendly with an array of features.

XTrend Speed is available for download on both Android and iOS. After installing and opening the app, traders must register either by using their email or Facebook credentials.

Although XTrend Speed does not offer traders a conventional demo account, there is a US Dollar 100 coupon which is offered which can be used to explore the app, the offering, markets, and numerous other features before traders commit to a real account.

IBKR Mobile

IBKR Mobile is a proprietary mobile trading app offered by Interactive Brokers and it is one of the most advanced and comprehensive trading apps on the market.

Traders are offered core features that help to refine and improve trading and provide traders with a competitive edge in their trading.

IBKR Mobile has nearly all of the functionality presented on the web-based platform and traders can access the market, open new positions, and make use of research tools, charting, indicators, and more.

The app is available for both Android and iOS devices on the respective app stores free of charge. After downloading and installing the app, and opening it for the first time, traders can either register a new account or log in to an existing one.

Unfortunately, to have access to the demo account on mobile trading, traders must complete the full registration process involved with opening an Interactive Brokers account.

IC Markets cTrader

IC Markets is a reputable trader that offers traders numerous financial instruments that can be traded in global markets while making use of IC Markets’ comprehensive trading solutions.

IC Markets offers its traders mobile solutions through the IC Markets cTrader which can be downloaded on Android devices.

After downloading and installing the app, traders can open it to find a registration screen with the option to log in below this. Traders can either register by using their email address and choosing a password or by using their Facebook or Google credentials.

Once this has been completed, traders will be taken to a screen featuring a watch list. Traders are automatically provided with an IC Markets demo account which is automatically generated with the option to create more from the Options menu.

R MobileTrader

The R MobileTrader is an innovative mobile trading app proprietary to RoboForex, a popular and reputable online trading broker that connects traders to global markets through its comprehensive provision of trading services and solutions.

The R MobileTrader is free for download on both iOS and Android devices. After download and installation, when opening the app for the first time, traders will be taken to a random watch list featuring popular instruments.

Traders have the option of either logging in or registering a new account by making a relevant selection at the top of the screen. To register, traders must provide their email address, first and last name, and mobile number before proceeding.

The next screen will allow for traders to view their demo account details before they are provided with US Dollar 10,000.00 virtual funds which can be used while trading in a risk-free trading environment.

Forex.com mobile

Forex.com is a popular and reputable broker that offers the use of its mobile application to provide traders with access to a range of markets while on the move. There are numerous features on the app such as advanced order types, advanced charting functions, and more.

The app is free to download on either Android or iOS and once installed and opened for the first time, offers traders the option to either open a Demo account or Preview the App without having to commit to opening an account.

Pros and Cons of mobile trading

✔️Pros ❌ Cons
Truly little prerequisites High volatility
Market access 24/7 Misinformation through advertisements posted by fraudulent companies
Limited transaction costs Hacking and other security threats
Improved liquidity
Prolonged trading opportunities

Forex Trading Demo App for Pc Download

Source: https://forexsuggest.com/trading-demo-apps/

Posted by: derivbinary.com