Demo Account FAQs
- What is the difference between a demo account and a live trading account?
- How long does a demo account last?
- Can I renew my demo account?
- Can I open multiple demos?
- I forgot my demo username or password. How do I retrieve them?
What is the difference between a demo account and a live trading account?
The primary difference between a demo account and a live trading account is that there is no capital at risk when trading in a FOREX.com demo account.
FOREX.com’s demo/practice account is a core element of our educational effort. A practice account is intended to familiarize you with the tools and features of FOREX.com's trading platforms and to facilitate the testing of forex trading strategies in a risk-free environment using virtual funds.
Results achieved on the FOREX.com practice account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the practice account. Conditions in the practice account cannot always reasonably reflect all of the market conditions that may affect pricing, execution and margin requirements in a live trading environment. Margin and leverage settings by product and account may vary from time to time between your practice account and a live account due to live account settings changes imposed by FOREX.com resulting from market volatility and other factors. Rollover/financing charges are not simulated in the demo environments. The pricing available in the demo environment is the same pricing available to FOREX.com account holders. Pricing for managed accounts and accounts referred by an Introducing Broker may differ.
How long does a demo account last?
Demo accounts last for 90 days after sign up. Afterward, you will not be able to log in using the demo account credentials.
Can I renew my demo account?
Demo accounts last for 90 days after sign up. Afterward, you will not be able to log in using the demo account credentials. Demo renewals are not available at this time. If you have further questions, please contact us.
Can I open multiple demos?
You can only open one demo account of each type (i.e. FOREX.com platforms or MetaTrader) per email address.
I forgot my demo username or password. How do I retrieve them?
If you forgot your username, please contact us for assistance. If you forgot your password, please visit our password reset page to reset your password.