If you’re new to trading or looking to try out a new strategy, a demo trading account can be a great way to practice without risking real money. In the UK, there are several options to choose from, each with their own features and benefits. Here are the top 5 demo trading accounts to consider.
Broker Review Contents
Trading 212
Trading 212 is a popular trading platform in the UK, offering a demo account with £50,000 in virtual funds to practice with. The demo account is available for an unlimited amount of time and allows users to trade in real-time with access to over 1,800 instruments. The platform also offers a range of educational resources and tools to help traders improve their skills.
Trading 212 is a top choice for those looking for the best demo trading account in the UK. With a virtual balance of £50,000, traders can practice their skills and test out different strategies without risking any real money. The platform offers access to a wide range of trading instruments, including stocks, forex, and cryptocurrencies. Traders can also take advantage of the platform’s educational resources, such as video tutorials and a trading academy, to improve their skills and knowledge. Trading 212 is regulated by the FCA in the UK, ensuring a safe and secure trading experience for all users. Plus, with availability in over 65 countries, traders can access the platform from almost anywhere in the world.
Pepperstone
Pepperstone is a popular forex and CFD broker that offers a demo account for traders to practice their skills. The demo account comes with a virtual balance of $50,000 and access to all of their trading instruments. Traders can use the demo account for 30 days, after which they will need to switch to a live account or open a new demo account. Pepperstone also offers a range of educational resources, including webinars and trading guides, to help traders improve their skills. The platform is regulated by the Financial Conduct Authority (FCA) in the UK and is available in over 65 countries.
Pepperstone’s demo account is a great option for traders looking to practice their skills in a risk-free environment. The virtual balance of $50,000 allows traders to experiment with different strategies and instruments without the fear of losing real money. The platform is user-friendly and offers a range of advanced trading tools, including charting and technical analysis. Additionally, Pepperstone’s customer support team is available 24/5 to assist traders with any questions or issues they may have. Overall, Pepperstone’s demo account is a top choice for traders in the UK looking to improve their trading skills.
Mulitbank
MultiBank is a leading forex and CFD broker that offers a demo account for traders to practice their skills. The demo account comes with a virtual balance of $100,000 and access to all of their trading instruments. Traders can use the demo account for an unlimited amount of time and can switch to a live account at any time. MultiBank also offers a range of educational resources, including webinars and trading guides, to help traders improve their skills. The platform is regulated by the Financial Conduct Authority (FCA) in the UK and is available in over 90 countries.
If you’re looking for the best demo trading account in the UK, MultiBank is definitely worth considering. With a virtual balance of $100,000 and access to all of their trading instruments, traders can practice their skills without risking any real money. The demo account is also available for an unlimited amount of time, so traders can take their time to perfect their strategies.
MultiBank is regulated by the FCA in the UK, which means that traders can trust that their funds are safe and secure. Additionally, MultiBank offers a range of educational resources, including webinars and trading guides, to help traders improve their skills and stay up-to-date with the latest market trends. Overall, MultiBank is a great choice for traders who want to practice their skills and improve their trading performance.
AvaTrade
AvaTrade is a popular online trading platform that offers a demo account for beginners. The account comes with a virtual balance of $100,000 and access to all of their trading instruments. The demo account is available for 21 days and can be extended upon request. AvaTrade also offers a range of educational resources, including webinars and video tutorials, to help beginners learn the basics of trading. The platform is regulated by the Central Bank of Ireland and is available in over 150 countries.
ThinkMarkets
ThinkMarkets offers a demo account with a virtual balance of up to $10,000 and access to their full range of trading instruments. The account is available for 30 days and can be extended upon request. They also offer a range of educational resources and a dedicated account manager to help you get started. ThinkMarkets is regulated by the Financial Conduct Authority (FCA) in the UK.
