Demo account in test 2025: The 5 best trading apps without real risk

Which Trading Platform Suits Me? Whether a beginner or an experienced trader – a free demo account is the ideal place to test trading strategies without risking real money. We have compared the leading providers and show which platforms impress with the highest virtual amounts.

The Top 5 Demo Account Providers in a Direct Comparison

1. Mitrade: €50,000 Virtual Capital for Global Markets

Mitrade stands out with the most generous demo features on the market. With €50,000 virtual starting capital, beginners can experiment extensively. The platform covers forex, commodities, cryptocurrencies, stocks, and ETFs. Very practical: registration takes seconds, and both the desktop and app versions work smoothly.

Risk management is the focus – stop-loss and trailing stop can be set intuitively. Over 3 million users already use the platform. Regulation by CySEC (License 438/23) provides additional security.

Highlights: Easy to use, broad range (Forex to Bitcoin), proprietary platform, CFD trading possible

Weak points: No MetaTrader 4/5, no copy trading

2. XTB: Proven Classic with €10,000 Demo

XTB is one of the established players in the CFD and forex sector. The free demo account offers €10,000 virtual money, real-time market data, and technical analysis tools. The proprietary platform xStation 5 is web- and mobile-optimized.

The offering is versatile: forex, commodities, indices, stocks, ETFs, and crypto are tradable. However, the fee structure may seem complex for beginners at first – the demo account helps learn the mechanisms.

Highlights: Regulated (KNF, BaFin), broad instrument spectrum, xStation 5 with good analysis tools, solid EU presence

Weak points: Only €10,000 demo (less than Mitrade), fees for longer inactivity

3. Capital.com: Modern Platform for Analysts

Capital.com is among the more technically savvy providers. The demo version offers a somewhat simplified but functional environment. Real-time data and over 75 technical indicators enable in-depth market analysis.

A big advantage for advanced traders: integration of MetaTrader 4 and TradingView charts. The interface is intuitively designed. However, the abundance of tools can be overwhelming at first – patience and thorough testing of the demo account are recommended.

Highlights: AI-powered analysis tools, MT4 integration, TradingView charts, real-time data, user-friendly interface

Weak points: Simplified demo version, no MT5, €250 minimum deposit for live trading

4. Skilling: €10,000 with Proven Customer Service

Skilling is relatively new to the market (since 2019) but has quickly gained trust. The demo account starts with €10,000 and provides access to 1,000 tradable instruments. The platform’s own solution is powerful, and MetaTrader 4 is also available.

Regulation by CySEC and membership in the Investor Compensation Fund (ICF) speak for security. Beginners should already have some basic understanding – the platform is somewhat complex.

Highlights: 1,000+ instruments, CySEC regulated, MT4 available, fast order execution, ICF membership

Weak points: Young company with a short track record, fees from the second withdrawal per month (€12.50), limited educational resources

5. Plus500: Established with €40,000 Demo

Plus500, the Israeli CFD broker listed on the stock exchange, offers one of the best demo packages: €40,000 virtual capital. The platform impresses with straightforward account opening and quick customer service.

The demo account includes live prices, market news, various chart types, and indicators. The design is a matter of taste, but the versatility offers plenty of room. However, there are fewer external integrations than with Capital.com.

Highlights: €40,000 starting capital, FCA/CySEC regulated, quick account opening, live news, technical analysis tools

Weak points: No MT4/MT5, inactivity fees after 3 months, limited external tools

Why a Demo Account is Indispensable for Every Trader

A good demo account is much more than just a playground. It’s the training arena to understand fundamental concepts:

• Position Management: How to open a trade? What do lots and leverage mean?
• Risk Tools: How to use stop-loss and limit orders effectively?
• Technical Indicators: What do RSI, MACD, or Bollinger Bands really indicate?
• Emotional Control: In demo mode, you experience gains and losses without risking real money

The psychological aspect is often underestimated. A demo account also helps train emotional reactions to price changes – without financial fear.

How to Choose the Right Demo Account

The Mobile-First Trader: Needs a smooth app with all functions (Order types, real-time charts). Mitrade and Plus500 are leading here.

The Desktop Power User: Uses multiple monitors and needs extensive analysis tools. Capital.com with MT4 integration and Skilling are good choices.

The Strategy Tester: Needs comprehensive backtesting options and historical data. Platforms with advanced analysis tools are recommended.

The Beginner: Benefits from a clear user interface and high virtual capital. Mitrade (50,000€) and Plus500 (40,000€) are ideal starting points.

First Steps in the Demo Account: Understanding the Essentials

The RSI Indicator in Practice

The Relative Strength Index (RSI) is one of the most popular indicators. It shows whether a market is overbought (value over 70) or oversold (below 30).

How it works:

1. Enter “RSI” in the indicators menu of the chart
2. The indicator appears as a separate window below the main chart
3. Values over 70 indicate overbought (sell signal possible)
4. Values below 30 indicate oversold (buy signal possible)

The advantage: RSI is easy to interpret and provides clear signals – perfect for beginners in the demo account.

Properly set stop-loss and take-profit

In demo mode, it’s important to understand how automatic loss limits work:

• Stop-Loss: Automatic closure at a loss (e.g., 50 pips below entry price)
• Take-Profit: Automatic profit-taking at the target (e.g., 100 pips above entry price)
• Trailing Stop: Adjusts with the price and secures ongoing gains

These tools can be trained in the demo account without real risk.

Understanding leverage without risking money

A leverage of 1:2 means: With €1,000, you trade a volume of €2,000. This doubles both gains and losses. In the demo account, you can safely test how different leverage levels affect trading.

Common Beginner Mistakes to Avoid in the Demo Account

Trading too large positions: Many beginners open huge positions because “it’s just demo.” This trains bad habits.

No stop-loss orders: A costly mistake in real trading – practice it in the demo!

Trading too frequently: The demo account should simulate realistic trading, not aimless clicking.

Ignoring time limits: Some demo accounts expire. Plan long-term and choose unlimited accounts.

Checklist: The Right Demo Account for Your Goals

Conclusion: No Real Money, Real Learning

The best demo account combines two things: Realistic market dynamics and a safe learning environment. If you want to understand how Bitcoin reacts to news, how the DAX responds to employment data, or which chart formations really work – the demo account is the best training ground.

It’s important not to treat the demo as a playground but as preparation for real markets. Those who train discipline with stop-loss, position sizing, and risk management here will be a big step ahead in live trading.

The good news: All five platforms introduced offer free, unlimited demo accounts. The next step? Register, test, learn – without financial consequences.