Free MT5 demo account
A demo account lets you trade forex, gold, oil and indices on MetaTrader 5 with $100,000 in virtual funds and real-time prices. It is free, needs no deposit, and is the safest way to learn the platform and test a strategy before risking real money.
- No deposit needed
- Real-time prices
- Regulated by FSC Mauritius
What you get
- Cost
- Free
- Virtual balance
- $100,000
- Platform
- MetaTrader 5
- Prices
- Real-time market
- Devices
- Desktop, web, mobile
Why practise on demo
Learn the market before you risk money.
Learn MT5 step by step
Place market and pending orders, set stop-loss and take-profit, and read charts.
Test your strategy
Try position sizing and risk rules on forex, gold, oil and indices with live prices.
Run Expert Advisors
Attach indicators and EAs and use the MT5 Strategy Tester on desktop.
Reset and try again
Open a new demo account from the client portal whenever you want a fresh start.
How it works
Start practising in 4 steps
- 1
Register for a demo
Fill in the short demo form on the IST Markets client portal. - 2
Get your MT5 login
Your demo login, password and server name are shown on screen and sent by email. - 3
Download MetaTrader 5
Install MT5 on your computer or phone, or use the web terminal. Download guide - 4
Log in and practise
Log in with your demo credentials and start placing virtual trades.
From demo to live
Ready for the real market?
Live trading adds real money and real emotions. Start small, keep the risk rules you practised, and only trade money you can afford to lose.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Results on a demo account do not guarantee similar results on a live account.
FAQ
Frequently asked questions
Is the MT5 demo account really free?
Yes. Opening and using a demo account costs nothing and requires no deposit. You trade with virtual funds only.
How much virtual money do I get?
Demo accounts start with $100,000 in virtual funds. Try practising with an amount close to what you would actually deposit so the experience stays realistic.
Are demo prices the same as live prices?
Demo accounts use real-time market prices, but demo orders are not sent to the market, so fills, slippage and your emotions can differ from live trading.
Does the demo account expire?
Demo accounts do not expire while you keep using them; you can open a new one from the client portal at any time.
Can I test Expert Advisors (EAs) on a demo?
Yes. The demo runs on the full MetaTrader 5 desktop platform, so you can attach indicators and Expert Advisors and use the Strategy Tester.
How do I switch from demo to a live account?
Register for a live account, verify your identity and make a deposit. You then log in to MT5 with your live credentials; your demo account stays available for practice.
Open your free MT5 demo today.
$100,000 in virtual funds, real-time prices, no deposit.