FPMarkets – Demo Account

FPMarkets – Demo Account

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FPMarkets - Demo Account

 

Overall Rating

4.7/5

Rated #23 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

ASIC, CySEC

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

60

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Our FP Markets Demo Account Revealed:

 

How to set up a Demo Account – Step by Step

To register a demo account with FP Markets, traders can follow these steps:

 

  • Visit the FP Markets official website and select the option to “try a demo account.” This option is located below the “Start Trading” banner on the homepage.

 

  • A new page will load, and traders can complete the required fields by providing their First and Last name, valid email address, country of residence, and mobile number.

 

  • The trader must choose their preferred trading platform for the demo account, between MetaTrader 4 and MetaTrader 5.

 

  • In addition, traders must choose the type of account that they wish to demo between Standard and Raw along with the base currency of their demo account.

 

  • Once complete, traders can click “Save and Next” to continue.

 

  • A new page will load, and traders can write down their account information and check their email to find a link to download their trading platform of choice.

 

  • Traders can use the credentials that were given to log into their demo account.

 

FP Markets Demo Account Features

FP Markets offers a demo account to traders of all experience levels. The general misconception is that a demo account is only intended for beginners as a practice account. However, a demo account is a valuable tool to all traders.

 

With a demo account, more experienced traders can use the account to test their trading strategies and explore what FP Markets offers in a risk-free environment.

 

Pros and Cons

PROS CONS
The sign-up process is quick and easy US clients are not accepted
The demo account is offered on both MetaTrader 4 and MetaTrader 5
FP Markets offers several account options
The demo account is available for an unlimited time if it is actively used

 

You might also like: FP Markets Account Type

You might also like: FP Markets Fees and Spreads

You might also like: FP Markets Islamic Account

You might also like: FP Markets Minimum Deposit

 

Overall Rating

4.7/5

Rated #23 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

ASIC, CySEC

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

60

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

FAQ

What is the difference between a demo and a live trading account?

A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.

 

Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.

 

Does FP Markets offer a demo account?

Yes, FP Markets offers a demo account.

 

How long is the demo account valid?

The demo account is available for an unlimited time if it is constantly being used. If the account goes dormant, it will expire after 30 days.

 

Which live trading accounts does FP Markets offer?

FP Markets offers the following live trading accounts:

  • MT4/5 Standard Account
  • MT4/5 Raw Account
  • Iress Standard Account
  • Iress Platinum Account
  • Iress Premier Account
  • MT4/5 Islamic Standard Account
  • MT4/5 Islamic Raw Account

 

Does FP Markets offer an Islamic Account?

Yes, FP Markets offers a Standard and Raw Islamic Account that can be used on either MetaTrader 4 or MetaTrader 5.

 

What are the available deposit currencies for a live trading account?

  • AUD
  • CAD
  • CHF
  • EUR
  • GBP
  • HKD
  • JPY
  • NZD
  • SGD
  • USD
  • INR
  • BRL, and several others