Top 5 Free Trading Platforms with Demo Features in 2025

Learn trading without real money? With a demo trading platform, that’s entirely possible – and completely risk-free. Whether stocks, forex, commodities, or cryptocurrencies: a good demo account gives you access to all markets with virtual capital. We show you the five most convincing free demo accounts for 2025 and how to use them professionally to refine your strategies – without financial worries.

Why a demo trading account is essential for traders

Making trading decisions requires more than just theoretical knowledge. A demo account serves as an ideal training ground: here you learn to open positions, understand fee models, assess leverage effects, and interpret candlestick charts correctly. You experiment with order types, understand stop-loss functions, and discover the role of indicators like RSI or MACD.

But the real value lies elsewhere: a demo trading account teaches you how to handle losses and gains emotionally. You can make mistakes, learn from them, and train your psychological resilience – all without real financial consequences.

Demo trading as a testing ground for your trading strategy

Instead of speculating, simulate. The key question is: Are you interested in quick day trading or do you prefer long-term positions? Are you stock-focused or exploring the crypto market?

The demo trading account becomes your personal laboratory. You observe how your strategies perform in bullish and bearish market phases without risking your capital. Test your ideas in real-time, learn market mechanics, and develop a sense for timing and risk management.

Choosing the right demo trading platform for your style

Every trader is different. Ask yourself:

The mobile trader: You prefer flexibility and trade on the go. An intuitive, fast app is a must – with all essential features like real-time charts and order types available on your smartphone.

The desktop analyst: You love multiple monitors and deep technical analysis. You need a comprehensive platform with expandable tools – MetaTrader or similar solutions are your choice.

The strategy optimizer: You want to systematically test and develop your tactics error-free. Extensive data sets, historical charts, and diverse analysis functions are mandatory for you.

The selection of the right demo account depends on your personal trading profile.

The 5 best free demo trading platforms overview

Mitrade: €50,000 virtual capital in global markets

Mitrade has quickly established itself internationally and counts over 3 million users. The demo account starts with an impressive €50,000 in virtual capital and allows unlimited demo trading on desktop and mobile app.

The special feature: simplicity meets functionality. You intuitively learn risk management – stop-loss, trailing stop, and other protective tools are immediately accessible. Access to gold, oil, silver, S&P 500, NASDAQ, Bitcoin, and exotic currency pairs is seamless. Especially attractive for CFD beginners.

Regulated by CySEC (License number 438/23) as well as ASIC, CIMA, and FSC ensures safety.

Strengths

• Regulated by reputable authorities
• Highest virtual capital among providers (€50,000)
• No commissions, transparent fees
• Proprietary platform with extensive analysis tools
• Built-in forex demo trading feature
• Reliable customer service

Weaknesses

• MetaTrader 4/5 not natively integrated
• No copy-trading or social trading

XTB: €10,000 demo account with established xStation 5

XTB is one of the leading forex and CFD brokers in Europe. The proprietary platform xStation 5 runs in the browser and on mobile devices, offering technical analysis tools with real-time data.

The demo account starts with €10,000 – significantly less than Mitrade, but still sufficient for comprehensive demo trading. You can trade forex, indices, commodities, stocks, ETFs, and cryptocurrencies. The fee structure is complex, so the demo account is ideal for understanding cost calculations before investing real money.

Regulated by KNF and BaFin, XTB regularly ranks among the top 5 demo accounts in the EU.

Strengths

• Regulated by respected European authorities
• Wide range of tradable instruments
• xStation 5 with extensive analysis tools
• User-friendly interface

Weaknesses

• Only €10,000 virtual starting capital
• MetaTrader 4 not supported
• Inactivity fee after 365 days without trading
• Withdrawal fees under €200

Capital.com: Modern platform with MT4 integration

Capital.com is among the most advanced trading platforms. Access is via web or app, with the demo version simplified but fully functional.

The intuitive interface with over 75 technical indicators is a big plus. Integration of MetaTrader 4 and TradingView offers experienced traders additional options. With AI-powered analysis tools, the platform provides modern trading equipment.

Beginners might find the complexity overwhelming – here the demo account proves its value as a learning field.

Strengths

• Regulated by CySEC and FCA
• Integration of MT4 and TradingView
• AI-based analysis tools
• Competitive spreads
• 75+ technical indicators

Weaknesses

• Only limited demo version
• Minimum deposit of €250
• MetaTrader 5 not available
• No multi-charting in the proprietary platform

Skilling: User-friendly since 2019

Skilling has established itself as a reliable partner since its founding in 2019. With €10,000 demo capital and fast order execution, you learn the markets efficiently.

The platform offers 1,000 tradable instruments and access to MetaTrader 4 – more interesting for advanced users. Deposits and withdrawals are fee-free, except for additional withdrawals in the same month (€12.50 per withdrawal).

Regulated by CySEC and member of the Investor Compensation Fund, providing additional security.

Strengths

• CySEC regulated with ICF membership
• 1,000 tradable instruments
• Multiple platforms available (MT4, cTrader)
• First withdrawal per month fee-free
• Fast order execution

Weaknesses

• Relatively young company without long history
• Limited educational resources
• Fees for multiple monthly withdrawals
• MetaTrader 5 not supported

Plus500: €40,000 demo capital with proven track record

Plus500, an Israel-based CFD broker with an impressive IPO history, offers a demo account with €40,000 starting capital. Fee-free deposits and withdrawals (first five per month free) are a plus, with a minimum deposit of €100.

Demo trading here allows you to test live prices, market news, various chart types, and indicators. The aesthetics are a matter of taste, but the versatility compensates for it.

Strengths

• Regulated by FCA and CySEC
• €40,000 demo account capital
• Balanced technical analysis tools
• Quick account opening
• Efficient customer service

Weaknesses

• No support for external platforms (MT4/MT5)
• Inactivity fee after three months without trading
• Limited educational resources
• No telephone customer support

Step-by-step: Getting started with demo trading

Step 1: Register in 2 minutes

Visit the registration page, select your country, and click continue. Enter your email, confirm it – done. The process takes only a few moments.

Step 2: Explore the platform

Take your time to understand the interface. For example, Mitrade shows:

• Left sidebar (blue): Your favorites list with markets like gold, EUR/USD, NAS100. Quickly switch between instruments here.
• Middle chart area (purple): The core of your analysis. Visualize price movements here, apply indicators.
• Right parameters (red): Set leverage, position size, take-profit, and stop-loss here.
• Top market data (yellow): Current price, daily values, percentage changes at a glance.

Step 3: Use technical indicators

RSI (Relative Strength Index) is an ideal starting indicator. Click on “Indicators” in the chart, search for RSI, and add it. RSI shows on a scale of 0-100:

• Above 70: Market might be overbought
• Below 30: Market might be oversold

This helps identify potential entry and exit points. With this indicator, you recognize market impulses and learn initial trading logic.

Additional indicators like MACD, Bollinger Bands, and moving averages expand your analysis – try these also in the demo account.

Professional use of the demo account

As a trader, you should proceed systematically:

1. Choose an instrument: Focus initially on one asset – e.g., EUR/USD or Bitcoin.
2. Test your strategy: Use historical data to analyze past trades and plan future ones.
3. Document your trades: Keep a journal, note your thoughts and results.
4. Refine your rules: What works? What doesn’t? Continuously adjust.
5. Practice discipline: Demo trading teaches you to avoid emotional decisions.

Checklist: Demo trading tailored to your needs

Avoid pitfalls in demo trading

Many providers advertise free demo accounts – not all are equal. Watch out for:

• Time limits: Accounts that expire quickly hinder long-term strategy development.
• Limited features: Some tools are unavailable in the demo. Ask specifically.
• Fee surprises: The demo account itself is free, but fees may apply on the live account.

Conclusion: Demo trading as a foundation for your success

A demo account is not a toy – it’s your bootcamp for real trading. Here you learn to “hear” the markets: How does DAX react to employment data? What happens to crude oil during geopolitical tensions? Which altcoins follow Bitcoin?

You train not only technical skills – you develop the discipline that characterizes successful traders. Chart patterns like head and shoulders, flags, and triangles become understandable. Indicators like RSI, MACD, and Bollinger Bands lose their intimidation.

Through repeated demo trading and reflective evaluation, genuine competence develops – without risking your financial security.

Start now: Register with one of the five platforms, use your virtual capital, and begin your trading journey with demo trading as a safe foundation.