Margin trading products are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money.

Put your strategies to the test

Our free demo account allows you to trade with $50,000 in virtual funds with real market pricing and conditions.

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How our demo account works

With a Pepperstone demo account, everything is real but the risk.

The account comes with $50,000 in virtual funds, allowing you to test your strategies without investing a dollar. It runs on the same platforms as our live accounts, so whether you’re using Windows, Mac, iOS or Android, you can trade across all your devices with cTrader and MetaTrader 4 and 5.

Trial MetaTrader 4 or 5

Test out your strategies using the world’s most popular platform.

Access 150+ instruments

Including FX, commodity and Indices.

Free educational resources

Support your demo trading with a wealth of educational resources.

Put us to the test

Sign up for a free 30-day demo account and experience trading with Pepperstone – risk-free.

Try free demo

As awarded by

Known for our industry-leading trading conditions and innovative technology and recognised globally with awards for our excellent customer service and low spreads, we constantly strive to achieve the best results for our clients.

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Ready to trade?

Opening a Pepperstone account is simple. Apply in minutes. Start your Pepperstone journey today.