Pepperstone demo

Explore the markets risk-free

Open a demo account for free. It’s the perfect way to sharpen your skills, test strategies and get a feel for our powerful trading platforms – all using virtual funds.

Create a demo account

Why use a Pepperstone demo account?

Whether you're new to trading or want to trial your latest strategy, a demo account lets you experience the markets without the risk. Here’s what you can do in demo mode.1

Trade with virtual funds

Go long or short in a live market environment with an unlimited virtual balance.

Practise strategies

Put your tactics to the test with no risk to your bottom line.

Explore our platforms

Get comfortable with our platforms and tools, including charts and indicators.

Access live prices

View the latest rates on margin FX, indices, shares and commodities.

Refine your skills

Build confidence and develop your skills before going live.

Get round-the-clock² support

We're here when you need us, with dedicated support and comprehensive trading guides.

Trade with virtual funds

Go long or short in a live market environment with an unlimited virtual balance.

Practise strategies

Put your tactics to the test with no risk to your bottom line.

Explore our platforms

Get comfortable with our platforms and tools, including charts and indicators.

Access live prices

View the latest rates on margin FX, indices, shares and commodities.

Refine your skills

Build confidence and develop your skills before going live.

Get round-the-clock² support

We're here when you need us, with dedicated support and comprehensive trading guides.

Explore our powerful platforms

We offer demo accounts on the same powerful platforms available to live Pepperstone traders, so you can find the one that works best for you.

MetaTrader 4 (MT4)

Automate your trading with the definitive margin FX platform. Customise with indicators, EAs and pattern-recognition software.

MetaTrader 5 (MT5)

An even-more powerful version of MetaTrader with more markets, more order types, and more advanced features.

TradingView

Trade directly through show-stopping charts, with hundreds of in-built indicators and strategies.

cTrader

Replicate an institutional liquidity environment and develop trading robots to automate on your behalf.

MetaTrader 4 (MT4)

Automate your trading with the definitive margin FX platform. Customise with indicators, EAs and pattern-recognition software.

MetaTrader 5 (MT5)

An even-more powerful version of MetaTrader with more markets, more order types, and more advanced features.

TradingView

Trade directly through show-stopping charts, with hundreds of in-built indicators and strategies.

cTrader

Replicate an institutional liquidity environment and develop trading robots to automate on your behalf.

MetaTrader 4 (MT4)

Automate your trading with the definitive margin FX platform. Customise with indicators, EAs and pattern-recognition software.

MetaTrader 5 (MT5)

An even-more powerful version of MetaTrader with more markets, more order types, and more advanced features.

TradingView

Trade directly through show-stopping charts, with hundreds of in-built indicators and strategies.

cTrader

Replicate an institutional liquidity environment and develop trading robots to automate on your behalf.

Pepperstone platform

Intuitive design, seamless mobile and desktop experience, essential trading tools.

Explore the platform

Already a Pepperstone client?

A demo account isn’t just for new traders. Log in and head to your account dashboard to open a demo account on any of our five intuitive platforms.

You can use it to:

✔ Trial different platforms and tools

✔ Refine a strategy before you go live

✔ Test out different order types or setups

✔ Explore new markets without committing capital

How to open a demo account

Getting started only takes a few minutes.

Register

Click the ‘Create a demo account’ button to enter our sign-up journey. It’s the same journey you’d start if you wanted to open a live account.

Enter your details

Enter your email address and a password, or select another sign-up method.

Set up your profile

Give us a few basic details (name, date of birth and mobile number) to set up your Pepperstone profile.

Add your demo

You can now access your account dashboard! Select the ‘demo’ tab and create a practice account instantly.

Create a demo account

Demo trading: what you need to know

Trader and TradingView demo accounts expire after 90 days of inactivity. Pepperstone, MT4 and MT5 demo accounts expire after 60 days of creation.

We can convert your MT4/5 or Pepperstone demo to a non-expiry account if you're fully approved and have a live, funded Pepperstone account.

Non-expiry MT4 demo accounts can still expire if inactive – even if you have open trades.

Non-expiry MT5 demo accounts won’t be deleted if you have open positions – they’ll remain until the trades are closed.

We offer demo accounts on TradingView, cTrader, MetaTrader 4 (MT4), MetaTrader 5 (MT5) and the Pepperstone platform.

If you have a Pepperstone live account, you can create up to 10 demo accounts.

If you don’t have a live account, you can create up to 5 demo accounts.

If you’re unable to request a new demo account on a specific platform, it means you have reached the limit for that platform.

To request an additional demo trading account, go to My Account and click 'Account’ on the right hand side.

Make sure ‘DEMO’ is selected at the top, then click on the blue plus icon to ‘Request an Account’.

Select the account type, platform, leverage (flexible leverage accounts only) and account currency, and add funds.

Then, create your password and click 'Submit.'

You can top up your virtual funds at any time in cTrader and in TradingView (via cTrader). For MT4, MT5, or Pepperstone demo accounts, please contact our support team at support@pepperstone.com to request a top-up.

Some live features, including copy trading on cTrader and Pelican accounts for MT4/5, are restricted in demo mode.

We don’t offer swap-free demo accounts.

We don’t charge demo accounts for interest, dividend adjustments, or out-of-hours price movements.

We may reject demo trades if you have insufficient virtual funds or the order exceeds volume limits.

Demo trades can be closed due to lack of margin, just like live trades.